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 Nov 7.

RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will increase its SBR from 2.50% to 2.75%, BR from 3.25% to 3.50% per annum, and will also revise the BLR/BFR from 6.20% to 6.45% per annum.

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