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Banking

Maybank raises base rate to 2% following OPR revision

KUALA LUMPUR: Malayan Banking Bhd (Maybank) will revise upwards its base rate (BR) and base lending rate (BLR) by 25 basis points effective May 13.

Bank Negara announced that the overnight policy rate (OPR) will be increased by 25 basis points to 2.00% after its third Monetary Policy Committee (MPC) meeting this year.

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Maybank , Base rate , BLR , OPR

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