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Release Date: 06 Aug 2020. The following provide: Guide to Consumer on Reference Rate [English] [Bahasa Melayu] [Mandarin] Base Rates, BLR and Indicative Effective Lending Rates of Financial Institutions as at 6 August 2020. [PDF, 40KB]
Current Base Lending Rate (BLR) Bank Negara Malaysia (BNM) has on 3 November 2022 decided to increase the Overnight Policy Rate (OPR) by 25 basis points to 2.75 percent. Historically, Standardised Base Rate (SBR), Base Rate (BR) and Base Lending Rate (BLR) has moved in tandem with the OPR.
Please refer to the Bank Negara Malaysia (BNM) website https://www.bnm.gov.my/opr-decision-and-statement for the latest historical data on OPR trend. Click here for Standardised Base Rate (SBR) Frequently Asked Questions.
Bank Lending Rate in Malaysia averaged 6.02 percent from 1996 until 2024, reaching an all time high of 13.53 percent in May of 1998 and a record low of 3.28 percent in January of 2022. source: Central Bank of Malaysia
While we makes every effort to provide accurate and complete information, we strongly recommend that viewers to acquired latest Standardised Base Rate (SBR) / Base Rate (BR) / Base Lending Rate (BLR) / Base Financing Rate (BFR) information directly from its official website respectively.
Malaysia Bank Lending Rate data is updated monthly, averaging 5.311 % pa from Jan 1996 to Aug 2024, with 344 observations. The data reached an all-time high of 13.540 % pa in May 1998 and a record low of 3.277 % pa in Jan 2022.
The central bank of Malaysia maintained its key interest rate unchanged at 3% for the eight consecutive meeting in September 2024, matching market expectations, amid increasing optimism over the country's growth, inflation, and currency outlook.