Hong Leong Bank loan and fixed deposit interest rates would increase starting from July 12.
Hong Leong Bank announced increases to the interest rates on loans and fixed deposits on July 12.
The benchmark lending rate (BR) and base lending rate (BLR) of Hong Leong Bank will both rise by 25 basis points as a result of Bank Negara lifting the overnight policy rate (OPR) by that same amount.
The base lending rate (BLR) at Hong Leong Bank will also rise from 5.89 percent to 6.14 percent, while the benchmark lending rate (BR) will rise from 2.88 percent to 3.13 percent. The new rates will go into effect on July 12, 2022.
If you borrow money from Hong Leong Bank, you should keep track of changes in your loan’s interest rate and be aware of how much you must pay back each month.
Higher interest rates will be available to Hong Leong Bank fixed deposit holders starting on July 12. The new interest rates will also go into effect on that date.
Hong Leong Bank
BR: 3.13%
BLR: 6.14%
Effective Date: July 12, 2022
Alliance Bank
BR: 3.07%
BLR: 5.92%
Effective Date: July 13, 2022
CIMB
BR: 3.25%
BLR: 6.10%
Effective Date: July 13, 2022
Affin Bank
BR: 3.20%
BLR: 6.06%
Effective Date: July 8, 2022
Public Bank
BR: 2.77%
BLR: 5.97%
Effective Date: July 8, 2022
RHB
BR: 3.00%
BLR: 5.95%
Effective Date: July 13, 2022
Maybank
BR: 2.25%
BLR: 5.90%
Effective Date: July 8, 2022
