Search results
Guide to Consumer on Reference Rate [Bahasa Melayu] Base Rates, BLR and Indicative Effective Lending Rates of Financial Institutions as at 6 August 2020. See also: Press Release on New Reference Rate Framework © Bank Negara Malaysia. All rights reserved.
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.
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.
Base Financing Rate (BFR)? A1. (i) BR is the new reference rate introduced by BNM for pricing of retail loans/financing/pegged to BLR/BFR effective 2nd Jan 2015. (ii) Based on the BR framework, banks will use funding costs only as their benchmark to quote their base rate.
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.
“Base lending rate” includes Base Financing Rate (BFR) in the context of Islamic financing products; “Deposit rate” includes profit rate paid on Islamic deposit products;
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.
