Maybank, RHB, Affin revising reference rates following OPR hike

KUALA LUMPUR: Malayan Banking Bhd (Maybank), RHB Banking Group and Affin Bank Bhd are revising their reference rates after Bank Negara raised the overnight policy rate (OPR) to 2.25% from 2% on Wednesday.

In a statement today, Maybank said it would revise upwards its base rate (BR) and base lending rate (BLR) by 25 basis points effective July 8.