Thursday, October 29, 2009

Current BLR 2009

Base Lending Rate (BLR) is a minimum interest rate calculated by financial institutions based on a formula which takes into account the institutions' cost of funds and other administrative costs.

CIMB's Current BLR = 5.55%
The first time CIMB cut their BLR from 6.5% to 5.95% happened in 3 Feb 2009. Then another revised downwards from 5.95% to 5.55% effective from 02 March2009.

Other Banking Institutions BLR ..........

No. Banking Institution Effective Fr. BLR (% p.a.)
1 Affin Bank Berhad 02/03/2009 5.50
2 Alliance Bank Malaysia Berhad 02/03/2009 5.55
3 AmBank (M) Berhad 10/03/2009 5.55
4 Bangkok Bank Berhad 06/03/2009 5.55
5 Bank of America Malaysia Berhad 01/03/2009 5.55
6 Bank of China (Malaysia) Berhad 03/03/2009 5.55
7 Bank of Tokyo-Mitsubishi UFJ (Malaysia) 06/03/2009 5.25
8 CIMB Bank Berhad 02/03/2009 5.55
9 Citibank Berhad 10/03/2009 5.60
10 Deutsche Bank (Malaysia) Berhad 03/03/2009 5.55
11 EON Bank Berhad 10/03/2009 5.55
12 Hong Leong Bank Berhad 03/03/2009 5.55
13 HSBC Bank Malaysia Berhad 02/03/2009 5.55
14 J.P. Morgan Chase Bank Berhad 03/03/2009 5.25
15 Malayan Banking Berhad 02/03/2009 5.55
16 OCBC Bank (Malaysia) Berhad 01/03/2009 5.55
17 Public Bank Berhad 03/03/2009 5.55
18 RHB Bank Berhad 02/03/2009 5.55
19 Standard Chartered Bank Malaysia Berhad 03/03/2009 5.55
20 The Bank of Nova Scotia Berhad 05/03/2009 5.55
21 The Royal Bank of Scotland Berhad 27/02/2009 5.25
22 United Overseas Bank (Malaysia) Berhad 06/03/2009 5.55
Source : Bank Negara Malaysia
updated: 06 / 03 / 2009

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