PETALING JAYA: Malayan Banking Bhd (Maybank) will be reducing its base rate (BR) and base lending rate (BLR) by 50 basis points (bps) effective this Friday, in line with Bank Negara’s reduction in the overnight policy rate (OPR).
Maybank’s BR will be lowered from 2.5% per annum to 2% while its BLR will be revised from 6.15% per annum to 5.65%.
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