Malaysia Base Lending Rate Increased From 5.55% to 5.80% in March 2010

So far, most of the banks in Malaysia have made announcement to increase the Base Lending Rate (BLR) to 5.8%, effective from March 2010. Here are some of the banks’ new BLR rates:

  • BLR Alliance Bank = 5.80% (12/03/2010)
  • BLR AmBank = 5.80% (10/03/2010)
  • BLR CIMB Bank = 5.80% (09/03/2010)
  • BLR Citibank = 5.80% (11/03/2010)
  • BLR Maybank = 5.80% (09/03/2010)
  • BLR Hong Leong Bank = 5.80% (10/03/2010)
  • BLR Public Bank = 5.80% (09/03/2010)
  • BLR OCBC Bank = 5.80% (11/03/2010)
  • BLR UOB = 5.80% (11/03/2010)

For the latest updates of both foreign and local banks’ BLR rates in Malaysia, please visit Banking Info

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{ 3 comments… read them below or add one }

kampunginvestor

Now the latest BLR Rate is 6.05%. Keep on increasing. -Faint-

Is our economy really improved until so good? I don’t think so. Looks good the outside. GDP more then 10+ % for what?

Not say everybody’s life is improving. Still the same as the salary stagnant.

Just my 2 cents.

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anonympus

is this showing our country got a good economic growth? i dun think so… hmmm (*sigh)

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Financial Blogger

Maybe it is time to consider FDR as another option before the BLR goes sky rocket again.

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