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Breaking News: At the Monetary Policy Committee (MPC) meeting today 4th March 2010, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) to 2.25 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2 percent and 2.50 percent respectively. The move will trigger commercial banks to increase their BLR very soon.
 

 

BLR (Base Lending Rate)
Rates last refreshed on 11 March 2010.

 

 

BLR is a minimum interest rate calculated by financial institutions based on a formula which takes into account the institutions' cost of funds and other administrative costs. Please refer to the figure below for the latest BLR published. (Check here for historical BLR)
 
No. Banking Institution Effective Fr. BLR (% p.a.)
1 Affin Bank Berhad 09/03/2010 5.75
2 Alliance Bank Malaysia Berhad 12/03/2010 5.80
3 AmBank (M) Berhad 10/03/2010 5.80
4 Bangkok Bank Berhad 11/03/2010 5.80
5 Bank of America Malaysia Berhad 01/03/2009 5.55
6 Bank of China (Malaysia) Berhad 11/03/2010 5.80
7 Bank of Tokyo-Mitsubishi UFJ (Malaysia) 10/03/2010 5.50
8 CIMB Bank Berhad 09/03/2010 5.80
9 Citibank Berhad 11/03/2010 5.80
10 Deutsche Bank (Malaysia) Berhad 11/03/2010 5.80
11 EON Bank Berhad 11/03/2010 5.80
12 Hong Leong Bank Berhad 09/03/2010 5.80
13 HSBC Bank Malaysia Berhad 09/03/2010 5.80
14 J.P. Morgan Chase Bank Berhad 15/03/2010 5.65
15 Malayan Banking Berhad 09/03/2010 5.80
16 OCBC Bank (Malaysia) Berhad 11/03/2010 5.80
17 Public Bank Berhad 09/03/2010 5.80
18 RHB Bank Berhad 09/03/2010 5.80
19 Standard Chartered Bank Malaysia Berhad 10/03/2010 5.80
20 The Bank of Nova Scotia Berhad 05/03/2009 5.55
21 The Royal Bank of Scotland Berhad 11/03/2010 5.50
22 United Overseas Bank (Malaysia) Berhad 11/03/2010 5.80

Source : Bank Negara Malaysia
Rates changed since 9th March 2010.

 
 

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