KUALA LUMPUR: Malayan Banking Bhd
(Maybank) will will reduce its base rate (BR) and base lending rate (BLR) by 25 basis points effective July 11, in line with the reduction in the Overnight Policy Rate today.
Maybank’s BR will be lowered from 3.00% per annum to 2.75% per annum while its BLR will be revised from 6.65% per annum to 6.40% per annum.
