OCBC to increase BR, BLR, BFR & FD board rate by 0.25% effective 2 February 2018
In line with Bank Negara Malaysia’s recent Overnight Policy Rate increase, OCBC Bank (Malaysia) Berhad and its subsidiary OCBC Al-Amin Bank Berhad will increase their Base Rate (BR), Base Lending Rate (BLR) and Base Financing Rate (BFR) by 0.25% effective 2 February 2018.
All loans and financing based on BLR and BFR respectively will correspondingly increase by the same rate.
Similarly, all Fixed Deposit (FD) board rates will also increase by 0.25% the same day.