Alliance Bank to increase rates by 25 basis points effective May 20


KUALA LUMPUR: Alliance Bank Malaysia Bhd (Alliance Bank) has announced that it will raise its base rate (BR), base lending rate (BLR), and base financing rate (BFR) by 25 basis points effective May 20, 2022.

This followed Bank Negara Malaysia’s revision of the overnight policy rate (OPR) recently.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Alliance Bank , Bank Negara , OPR , BLR , base rate

   

Next In Business News

Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Reaping the Max from streaming
The ringgit recovery
EQ expands to Thailand
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Singapore playing roulette with casino licensing
Bidding big on Malaysian art
Inflation rises slightly in October
Building a firm facade

Others Also Read