BANK Negara’s decision to raise the overnight policy rate (OPR) by 25 basis points on March 4 must have jolted many people out of their slumber into realising that the days of low lending rates may be numbered. While some Malaysians, especially those who are risk-averse and prefer to keep their savings [...]
Rates last refreshed on 27th January 2010. Source: www.bankinginfo.com.my
No. Banking Institution With Effect From BLR (% p.a.)
1 Affin Bank Berhad 02/03/2009 5.50
2 Alliance Bank Malaysia Berhad 02/03/2009 5.55
3 AmBank (M) Berhad 10/03/2009 5.55
4 Bangkok Bank Berhad 06/03/2009 5.55
5 Bank of America Malaysia Berhad 01/03/2009 5.55
6 Bank of China (Malaysia) Berhad 03/03/2009 5.55
7 Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad 06/03/2009 5.25
8 CIMB Bank Berhad 02/03/2009 5.55
9 Citibank Berhad 10/03/2009 5.60
10 Deutsche Bank (Malaysia) Berhad 03/03/2009 5.55
11 EON Bank Berhad 10/03/2009 5.55
12 Hong Leong Bank Berhad 03/03/2009 5.55
13 HSBC Bank Malaysia Berhad 02/03/2009 5.55
14 J.P. Morgan Chase Bank Berhad 03/03/2009 5.25
15 Malayan Banking Berhad 03/03/2009 5.55
16 OCBC [...]
PETALING JAYA: Financial institutions, in particular banks, have in general agreed to raise mortgage lending yields, which will have an impact of increasing their net interest margins (NIMs). An analyst with OSK Research said banks with strong mortgage lending growth would be the key beneficiaries, while the eventual increase in benchmark interest rates would benefit all [...]
PETALING JAYA: Potential house buyers are still wary about making property purchases despite lower mortgage rates as the economic outlook remains uncertain, analysts said. Average mortgage rates have fallen to about 3.5%, but at the same time banks have been more stringent on the approval of loans. The average mortgage rate is obtained from base lending [...]
By LAALITHA HUNT, Tuesday November 3, 2009 PETALING JAYA: Average lending rates are on an uptick with banks possibly positioning themselves for a gradual increase in the rates for their long-term loans. The monthly statistical bulletin released by Bank Negara for September showed that average lending rate (ALR) was 4.91% compared with 4.9% in August and 4.96% [...]
Very often there are people asking what is the Base Lending Rate (BLR)? Base Lending Rate (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. The BLR is almost always the same amongst major banks. Adjustments to the [...]
