Bank Rakyat raises base rate by 25bps from Feb 6

February 7, 2018 @ 7:00pm

KUALA LUMPUR: Bank Rakyat has raised the base rate (BR) and base financing rate (BFR) by 0.25 per cent from February 6.

The BR and BFR will be increased to 4.1 per cent and 7.08 per cent respectively, the bank said.

The increase was in line with Bank Negara Malaysia's recent announcement to raise the Overnight Policy Rate (OPR) by 25 bps to 3.25 per cent during its monetary policy committee meeting on Thursday 25 January 2018, it added.

Bank Rakyat raises base rate by 25bps from Feb 6

Sze Fei-Izzuddin chase RM2 million dream in Hangzhou

Badminton pundit slams BWF over medical ruling after Zii Jia's exit

#SHOWBIZ: Che Ta's friend Anas Zahrin settles her debt with contractor

3 die after solar panels they were installing come into contact with power line

Goalkeeper Haziq's blunder hands Thailand victory over Malaysia