The Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to reduce the Overnight Policy Rate (OPR) to 3% at its meeting on Tuesday 07/05/2019. This was the first time since July 2016,
It said the ceiling and floor rates of the corridor for the OPR are correspondingly reduced to 3.25% and 2.75% respectively.
I would like to see and monitor which banks follows accordingly, so it would be easier to decide which bank is suitable for property loans.
No | Bank | Loan Rate | Fixed Deposit | Latest Base Rate | Latest BLR/BFR | Announced |
---|---|---|---|---|---|---|
1 | Maybank | -0.20% | -0.20% | 3.05% | 6.70% | 08/05/2019 |
2 | CIMB | -0.25% | -0.25% | 4.00% | 6.85% | 11/05/2019 |
3 | OCBC | -0.25% | -0.25% | 3.83% | 6.76% | 12/05/2019 |
4 | RHB | -0.20% | -0.20% | 3.80% | 6.75% | 13/05/2019 |
5 | Bank Islam | -0.26% | -0.26% | 3.77% | 6.72% | 10/05/2019 |
6 | Affin Bank | -0.25% | -0.25% | 3.95% | 6.81% | 10/05/2019 |
7 | BSN | -0.25% | -0.25% | 3.85% | 6.60% | 13/05/2019 |
8 | Ambank | -0.25% | -0.25% | 3.85% | 6.70% | 15/05/2019 |
9 | Public Bank | -0.25% | -0.25% | 3.52% | 6.72% | 10/05/2019 |
10 | Hong Leong Bank | -0.25% | -0.25% | 3.88% | 6.89% | 15/052019 |
11 | HSBC | -0.23% | -0.23% | 3.66% | 6.76% | 14/05/2019 |
12 | Al Rajhi | -0.25% | -0.25% | 4.10% | 7.00% | 13/05/2019 |
13 | Standard Chartered | -0.25% | -0.25% | 3.52% | 6.70% | 18/05/2019 |
Reference: