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Daily Express Malaysia
KUALA LUMPUR: RHB Banking Group has revised its base rate (BR) and base lending rate (BLR) downwards by 20 basis points, effective today, in line with the reduction in the overnight policy rate (OPR) by Bank Negara Malaysia (BNM).
RHB Bank Bhd (RHB Bank), RHB Islamic Bank Bhd and RHB Investment Bank Bhd will reduce its BR from 4.00 per cent to 3.80 per cent per annum and revise the BLR from 6.95 per cent to 6.75 per cent per annum. In line with the revision, RHB Bank’s fixed deposit rates will also be revised downwards by 20 basis points, effective May 13, 2019, it said in a statement on Monday. – Bernama