COVID–19 NEWS   Japan registers record 250,403 COVID-19 cases within past 24 hours | COVID: Malaysia records increase in new cases, fatalities - Dr Noor Hisham | New COVID-19 cases drop 5.2 pct last week - Health Dg  | Witness still COVID-19 positive, Ahmad Zahid's corruption trial postponed | Japan's daily COVID cases top 180,000, set fresh record amid 7th wave | 

Maybank to increase BR and BLR by 25 basis points following OPR rise

06/07/2022 05:50 PM

KUALA LUMPUR, July 6 (Bernama) -- Malayan Banking Bhd (Maybank) will revise upwards its Base Rate (BR) and Base Lending Rate (BLR) by 25 basis points effective July 8 following the announcement today on the Overnight Policy Rate (OPR) increase. 

In a statement today, the bank said its BR will be increased from 2.00 per cent per annum (p.a.) to 2.25 per cent p.a. while its BLR will be revised from 5.65 per cent p.a. to 5.90 per cent p.a.

Similarly, Maybank said the Islamic Base Rate and Base Financing Rate will be increased by 25 basis points from 2.00 per cent p.a. to 2.25 per cent p.a. and from 5.65 per cent p.a. to 5.90 per cent p.a. respectively.

“In line with the revision, Maybank and Maybank Islamic’s fixed deposit rates will also be adjusted upwards effective July 8.

“The last revision in Maybank’s BR was on May 13, 2022 when it was increased from 1.75 per cent p.a. to 2.00 per cent p.a. following an OPR increase by the same quantum," it added.


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter :, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy