RHB Bank lowers base rate by 50 basis points
KUALA LUMPUR (May 6): RHB Banking Group has revised its base rate (BR) and base lending rate (BLR) downwards by 50 basis points (bps) effective May 13, 2020, in line with a reduction in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM).
In a statement, it said RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will reduce their BR from 3.25% to 2.75% per annum, and will also revise their BLR from 6.2% to 5.7% per annum.
In line with the revisions, RHB Bank’s fixed deposit (FD) rate will also be revised downwards by 50bps.
Stay safe. Keep updated on the latest news at www.EdgeProp.my
Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
Telegram
Latest publications
Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
Malaysia's Most
Loved Property App
The only property app you need. More than 200,000 sale/rent listings and daily property news.
