Public Bank has announced that its lending rates will be increased from 12 September 2022. The increase is in line with the increase in the overnight policy rate (OPR) announced by the National Bank on 8 September.
Public Bank’s Standardised Base Rate (SBR) is 2.50% p.a., while the Benchmark Lending Rate (BR) has been increased from 2.77% to 3.02%. The Base Lending Rate (BLR) was increased from 5.97% to 6.22%.
In addition, Affin Bank will also increase its lending rate from 12 September. The standardised base rate (SBR) will be 2.50%, the lending base rate (BR) 3.25% and the basic lending rate (BLR) 6.20%.
Public Bank
SBR: 2.50%
BR: 3.02%
BLR: 6.22%
Effective date: 12 September 2022
Affin Bank
SBR: 2.50%
BR: 3.25%
BLR: 6.20%
Effective date: 12 September 2022
Maybank
SBR: 2.50%p.a.
BR: 2.50%p.a.
BLR: 6.15%p.a.
Effective date: 12 September 2022
RHB
SBR: 2.50%p.a.
BR: 3.25%p.a.
BLR: 6.20%p.a.
Effective date: 12 September 2022
