(adsbygoogle = window.adsbygoogle || ).push({}); UPDATED: On 03 November 2022, Bank Negara Malaysia (BNM) announced the increase of the Overnight Policy Rate (OPR) by another 25 basis points (bps) from 2.5% to 2.75%. On 08 September 2022, Bank Negara Malaysia (BNM) announced the increase of the Overnight Policy Rate (OPR) by another 25 basis points (bps) from 2.25% to...
UPDATED: On 03 May 2023, Bank Negara Malaysia announced the increase of the Overnight Policy Rate (OPR) by another 25 bps from 2.75% to 3.00%. On 03 November 2022, Bank Negara Malaysia announced the increase of the Overnight Policy Rate (OPR) by another 25 bps from 2.5% to 2.75%. On 08 September 2022, Bank Negara Malaysia announced the increase of the Overnight Policy Rate (OPR) by 25 bps from...
Earlier in August this year, Bank Negara Malaysia (BNM) announced the release of the Revised Reference Rate Framework, which will be effective August 1, 2022. Under this new framework, the Standardised Base Rate (SBR) will be used as the reference rate for new retail floating-rate loans, replacing the existing Base Rate (BR). What is the Standardised Base Rate? First, it helps to understand how...
by Ian Fan