Latest from BNM: Base Rates, BLR & Lending Rates for various banks across Malaysia

The list below is the most recent one released by Bank Negara Malaysia, as of 18 January 2019 and illustrates the respective banks’ Base Rate, Base Lending Rate and Indicative Effective Lending Rate. 

bank-malaysia-BLR-base-rate

Dmitry Chulov | 123rf

We recently explained all about Base Rates and Base Lending Rate (BLR) in the article below. Find out how these figures affect your home loan and how you can better prepare yourself before taking up a mortgage:

According to Bank Negara Malaysia (BNM)’s Reference Rate framework, in respect of housing loans/financing priced against the BR, banks are supposed to disclose an indicative effective lending rate for a standard housing loan/home financing product for consumers at all branches and websites. A standard housing loan or product refers to a loan facility with financing amount of RM350,000 for 30 years and has no lock-in period.

FINANCIAL INSTITUTION Base Rate (%) Base Lending
Rate (%) 
Indicative Effective
Lending Rate* (%) 
Affin Bank 4.10   6.96 4.65 
Alliance Bank 4.07   6.92  4.61 
AmBank 4.10   6.95  4.75
Bangkok Bank Berhad 4.72   7.37 5.92
Bank of China (Malaysia) Berhad 4.05  6.85 5.05 
CIMB Bank Berhad  4.25   7.10  5.00 
Citibank Berhad  3.90  7.05  4.70
Hong Leong Bank Malaysia Berhad  4.13   7.14 5.00 
HSBC Bank Malaysia Berhad  3.89   6.99  5.00
Industrial and Commercial Bank of China (Malaysia) Berhad  4.02   6.95  4.75 
Malayan Banking Berhad 3.25  6.90 4.60
OCBC Bank (Malaysia) Berhad  4.08   7.01  5.16 
Public Bank Berhad  3.77   6.97  4.60 
RHB Bank Berhad  3.90   6.85  4.90 
Standard Chartered Bank Malaysia Berhad  3.77  6.95   4.77 
United Overseas Bank (Malaysia) Bhd.  4.11   7.07   4.86

Source: Bank Negara Malaysia (As at 18 January 2019)

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