Latest Base Lending Rate (BLR) reference, source from Bank Negara Malaysia.
Data Updated: March 9, 2010
Source Updated on March 2010
List Created: March 2009
No.
|
Banking Institution
|
With Effect From
|
BLR (% p.a.)
|
1
|
Affin Bank Berhad
|
02/03/2009
|
5.50
|
2
|
Alliance Bank Malaysia Berhad
|
02/03/2009
|
5.55
|
3
|
AmBank (M) Berhad
|
10/03/2009
|
5.55
|
4
|
Bangkok Bank Berhad
|
06/03/2009
|
5.55
|
5
|
Bank of America Malaysia Berhad
|
01/03/2009
|
5.55
|
6
|
Bank of China (Malaysia) Berhad
|
03/03/2009
|
5.55
|
7
|
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
|
06/03/2009
|
5.25
|
8
|
CIMB Bank Berhad
|
02/03/2009
|
5.55
|
9
|
Citibank Berhad
|
10/03/2009
|
5.60
|
10
|
Deutsche Bank (Malaysia) Berhad
|
03/03/2009
|
5.55
|
11
|
EON Bank Berhad
|
10/03/2009
|
5.55
|
12
|
Hong Leong Bank Berhad
|
03/03/2009
|
5.55
|
13
|
HSBC Bank Malaysia Berhad
|
02/03/2009
|
5.55
|
14
|
J.P. Morgan Chase Bank Berhad
|
03/03/2009
|
5.25
|
15
|
Malayan Banking Berhad
|
09/03/2010
|
5.80 – latest
|
16
|
OCBC Bank (Malaysia) Berhad
|
01/03/2009
|
5.55
|
17
|
Public Bank Berhad
|
03/03/2009
|
5.55
|
18
|
RHB Bank Berhad
|
09/03/2010
|
5.80 – latest
|
19
|
Standard Chartered Bank Malaysia Berhad
|
03/03/2009
|
5.55
|
20
|
The Bank of Nova Scotia Berhad
|
05/03/2009
|
5.55
|
21
|
The Royal Bank of Scotland Berhad
|
27/02/2009
|
5.25
|
22
|
United Overseas Bank (Malaysia) Berhad
|
06/03/2009
|
5.55
|
23
|
Bank Simpanan Nasional (BSN)
|
10/03/2009
|
5.55
|
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Popularity: 29% [?]
In short, a definition for OPR (a.k.a. Overnight Rate in most countries) is regarded as “the rate that large banks use to borrow and lend from one another on the interbank market”. In Malaysia, the rate is regulated by Central Bank.
And, the movement of OPR will have direct and positive influence the movement of Base ‘.Lending Rate (BLR).
Since the OPR has been reduced, then soon the financial institutions will also reduce the BLR, and the people will enjoy a lower interest rate.
On the other hand, SRR is regarded as the minimum percentage out of the total deposit received that need to maintain by financial institutions.
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Popularity: 22% [?]
Tags:
Bank,
Bank Negara,
BLR,
central bank,
interest rate,
OPR,
Overnight Policy Rate,
SRR Category:
Banking & Financing,
Business,
Car Loan / Cars,
Home Loan / House
Malaysia Base Lending Rate (BLR)
No.
|
Banking Institution
|
With Effect From
|
BLR (% p.a.)
|
1
|
Affin Bank Berhad
|
03/02/2009
|
5.90
|
2
|
Alliance Bank Malaysia Berhad
|
03/02/2009
|
5.95
|
3
|
AmBank (M) Berhad
|
10/12/2008
|
6.55
|
4
|
Bangkok Bank Berhad
|
28/01/2009
|
5.50
|
5
|
Bank of America Malaysia Berhad
|
01/02/2009
|
5.95
|
6
|
Bank of China (Malaysia) Berhad
|
03/02/2009
|
5.95
|
7
|
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
|
29/01/2009
|
5.75
|
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Popularity: 23% [?]
One of the tools used by banks to evaluate the credit worthiness of a customer is to refer to the CCRIS report obtained (and maintained) by Bank Negara Malaysia (BNM). Beginning August 2001, CCRIS has become a crucial tool to the decision-making of the bank to approve the customer’s application. The report provides for real-time and on-line functions for banks to query for computerized customer credit reports as well as report relevant credit information to BNM.
CCRIS gives valuable details to the bank such as:
- Details of all existing personal credit facilities of a customer, such as type of facility, and ownership of the credit facilities
- Details on the total financial commitment, which includes the balance outstanding and the total limit for each of the credit facilities
- Conduct of each credit facility for the past 12 months, including legal status
- Other relevant information such as Date of Information Update, Frequency of Payment and Type of Collateral.
However, before you get worried about your credit information being abused, please note that the information can only be accessed by authorized persons in the bank, and is not available to the public in general. Your credit report:
- Can only be obtained by the bank IF a formal CREDIT application is made by you to that particular bank
- Cannot be viewed by other banks, at any time
- Does not show your deposit / investment accounts
- Does not show from which financial institution you borrowed from
- Does not show the tenure of the credit facility enjoyed by you
- Does not show the conduct of facilities for periods above one year
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Popularity: 11% [?]
