The bank is considering selling its 17-storey location in the city-state
KUALA LUMPUR: RHB Banking Group will revise its base rate (BR) and base lending rate (BLR) by 25 basis points (bps) effective Feb 2, 2018, in line with the increase in the overnight policy rate (OPR) by Bank Negara.
RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will raise their BR from 3.65% to 3.9% per annum, and will also revise the BLR from 6.6% to 6.85% per annum.
In line with the revision, RHB’s fixed deposit rates will also be revised upwards by 20 bps effective Feb 2.
“In July 2017, RHB announced that it would reduce its BR from 3.9% to 3.65% per annum and cut its BLR and base financing rate from 6.85% to 6.60% following Bank Negara’s OPR revision,” said RHB.
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