Maybank raises base rate to 2.75% following OPR revision

KUALA LUMPUR: Malayan Banking Bhd (Maybank) will revise upwards its standardised base rate (SBR), base rate (BR) and base lending rate (BLR) by 25 basis points effective Nov 7.

“Maybank’s SBR and BR will be increased from 2.50% p.a. to 2.75% p.a. while its BLR will be revised from 6.15% p.a to 6.40% per annum (p.a.)