OCBC Malaysia, Bank Muamalat to increase base rates by 0.25%


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KUALA LUMPUR: OCBC Bank (Malaysia) Bhd and its Islamic banking unit OCBC Al-Amin Bank Bhd will increase their standardised base rate (SBR), base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.25% from May 10, 2023.

The bank said in a statement all loan and financing rates based on SBR, BR, BLR and BFR will correspondingly increase by the same rate.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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OCBC , OCBC Al-Amin , OPR , lending , financing , interest rate

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