Base Lending Rate Malaysia 2017

Base rates blr and indicative effective lending rates of financial institutions as at 6 august 2020 release date.

Base lending rate malaysia 2017. Hong leong bank malaysia berhad. This faq is valid effective 15 july 2017 1. Base rate base lending rate indicative effective lending rate affin bank berhad. However fixed rate home loan packages will remain unaffected.

This page keep track on the changed and movement of base rate for each bank in malaysia since it become effective on jan 2 2015 with latest update on 15 july 2020. Alliance bank malaysia berhad. Bank lending rate in malaysia is expected to be 5 02 percent by the end of this quarter according to trading economics global macro models and analysts expectations. Major banks in malaysia have adjusted their base lending rate blr upwards by at least 0 25.

Latest blr base rate fixed deposit interest rates from every bank in malaysia. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Blr for most major banks now stands at 6 85 any changes to the blr will affect pricing of both existing and new floating interest rate home loans. What is the base rate br.

Indicative effective lending rate refers to the indicative annual effective lending rate for a standard 30 year housing loan home financing product with financing amount of rm350k and has no lock in period. While we makes every effort to provide accurate and complete information we strongly recommend that viewers to acquired latest base rate blr bfr information directly from its official website respectively. Hey do you know what is your home loan base rate. Latest base rate and base lending rate for the major banks in malaysia as at 17 4 2017.

The br was introduced by bank negara malaysia bnm on 2 january 2015 as the reference rate to replace the base lending rate blr base financing rate bfr which was previously applicable to retail loans financing facilities for individuals. Bank of china malaysia berhad. The public bank base rate blr historical data stated above are for reference only. Looking forward we estimate bank lending rate in malaysia to stand at 3 20 in 12 months time.