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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Maybank , Base rate , BLR , OPR


Next In Business News

ABM: Banking industry will thrive under Abdul Rasheed’s leadership at Bank Negara
Delinquent office loans trouble commercial mortgage bond market
Calls for clear reforms
Second half 2023 likely bodes well for Bursa
Bond market key to ending Sri Lanka’s crisis
Another washout quarter
Tech firms face challenges from weak ringgit, softening markets
Digitalisation of insurance claims
Pioneering sustainability in property and construction

Others Also Read