Maybank today announced that it will be revising its deposit and base lending rates effective 11 May 2011.
Maybank’s deposit rates will be revised upwards by up to 30 basis points, while its base lending rate (BLR) will be increased by 30 basis points from 6.30% p.a. to 6.60% p.a. The base financing rate (BFR) of Maybank Islamic Berhad will similarly be revised upwards by 30 basis points to 6.60 % from 6.30%.
The last revision in Maybank’s BLR and Maybank Islamic’s BFR was on 13 July 2010 when they were revised from 6.05% p.a. to 6.30% p.a.