Base Lending Rate Malaysia 2017

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.

Base lending rate malaysia 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. Latest blr base rate fixed deposit interest rates from every bank in malaysia. Latest base rate and base lending rate for the major banks in malaysia as at 17 4 2017. The public bank base rate blr historical data stated above are for reference only.

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. Bank lending rate in malaysia averaged 6 28 percent from 1996 until 2020 reaching an all time high of 13 53 percent in may of 1998 and a record low of 3 64 percent in august of 2020. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy. Hey do you know what is your home loan base rate.

Under br which now serves as the main reference rate for new retail floating rate loans banks in malaysia can determine their interest rate based on a formula set by the central bank. Written by imoney editorial. 6 85 effective since 17 july 2014 rate refreshed on 17 july 2014 below table shows the malaysia base lending rate blr record from year 1989 to year 2014. What is the base rate br.

This page provides malaysia bank lending rate actual values historical data forecast chart. In january 2015 the base lending rate blr structure was replaced with a new base rate br system. Home latest news and update latest base rate and base lending rate for the major banks in malaysia as at 17 4 2017. 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.

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