Maybank today announced that it will be revising its deposit and base lending rates effective Tuesday 13 July 2010, in line with the increase in the Overnight Policy Rate (OPR) by 25 basis points.
Maybank deposit rates will be revised upwards by up to 25 basis points, while its base lending rate (BLR) will also be increased by 25 basis points from 6.05 % p.a. to 6.30 % p.a. The base financing rate (BFR) of Maybank Islamic Berhad will similarly be revised upwards by 25 basis points to 6.30%.
The last revision in Maybank’s BLR and Maybank Islamic’s BFR was on 18 May 2010 when they were revised from 5.80% p.a. to 6.05% p.a.