KUALA LUMPUR: Bank Islam Malaysia Bhd is revising its lending and deposit rates lower by 25 basis points, effective July 10, 2020, in line with Bank Negara's overnight policy rate cut.
It said its base rate will be reduced by 25 basis points from 2.77% to 2.52% per annum, while its base financing rate will be lowered from 5.72% to 5.47% per annum.
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