DISQUS

Meshio.com - a Malaysia personal finance blog: Overnight Policy Rate Reduced to 3.25 percent

  • imDavidLee · 11 months ago
    this mean that the BLR rate will be decreased also?
  • yowchuan · 11 months ago
    Yup, as we are discussing about this, majority of the banks are adjusting their BLR downwards by 0.25%.

    We will see majority of the banks charging home loan rates at 6.5%. Yet, we need to remember that home loan is not just about the interest rates. Banks are VERY GOOD with fine prints!
  • dynn · 11 months ago
    I saw in the newpaper today, affinbank and citibank BLR @ 6.55% not 6.50% as what i'm expected.
  • yowchuan · 11 months ago
    dynn, the base lending rate for Citibank before the adjustment was 6.80%.

    I am not sure about Affin Bank though...