RHB increases SBR, BR, BLR/BFR by 25 basis points

KUALA LUMPUR: RHB Banking Group will revise its standardised base rate (SBR), base rate (BR) and base lending/financing rate (BLR/BFR) upwards by 25 basis points effective Sept 12.

The bank, in a statement, said the revision was in line with the increase in the overnight policy rate (OPR) by Bank Negara today.

RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will increase its SBR from 2.25% to 2.50%, BR from 3.00% to 3.25% per annum, and will also revise the BLR/BFR from 5.95% to 6.20% per annum.

In line with the revision, RHB Bank and RHB Islamic Bank’s fixed deposit rates will also be revised upwards, the bank said.