KUALA LUMPUR: Public Bank will reduce its base rate (BR) and base lending rate (BLR)/ base financing rate (BFR) by 0.25% effective this Friday.
The bank said on Wednesday the reduction was in line with Bank Negara Malaysia’s Overnight Policy Rate (OPR) cut by 25 basis points (bps) from 2% to 1.75% the previous day.
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