Maybank will revise upwards its Standardised Base Rate, Base Rate and Base Lending Rate (BLR) by 25 basis points effective 12 September 2022, following the announcement today on the Overnight Policy Rate (OPR) increase.
Maybank’s Standardised Base Rate (SBR) and Base Rate (BR) will be increased from 2.25% p.a. to 2.50% p.a. while its Base Lending rate (BLR) will be revised from 5.90% p.a to 6.15% p.a. Similarly, the Islamic Standardised Base Rate (SBR) and Base Rate will be increased by 25 basis points from 2.25% p.a. to 2.50% p.a. while the Islamic Base Financing Rate will be increased from 5.90% p.a to 6.15% p.a. respectively.
In line with the revision, Maybank and Maybank Islamic’s fixed deposit rates will also be adjusted upwards effective 12 September 2022.
The last revision in Maybank’s Base Rate was on 8 July 2022 when it was increased from 2.00% p.a. to 2.25% p.a. following an OPR increase by the same quantum.