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Bank Negara Malaysia decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 2.00 percent (11-05-2022 News)

 

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May 13, Maybank said its BR would be higher from 1.75 per cent per annum to 2.00 per cent per annum, while its BLR will be revised from 5.40 per cent per annum to 5.65 per cent per annum.
Similarly, the Islamic base rate and base financing rate (BFR) will be increased by 25 basis points from 1.75 per cent per annum to 2.00 per cent per annum and from 5.40 per cent per annum to 5.65 per cent per annum, respectively.
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May 18, RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will increase their BR from 2.50 per cent to 2.75 per cent per annum and revise the BLR and BFR from 5.45 per cent to 5.70 per cent per annum.

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