PETALING JAYA: The country’s top banks have lowered their base lending rates, following the cut in the Overnight Policy Rate (OPR) by Bank Negara.
Among the banks that announced the lower Base Rate (BR) and Base Lending Rate (BLR)/Base Financing Rate (BFR) was Public Bank, which cut the rates 0.25% effective Jan 28.
It added that the fixed deposit rates would be correspondingly adjusted by 0.25%, effective on the same date.
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