Reference Rate

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Reference Rate

Reference Rate

Base Lending Rate (BLR): 7.04% w.e.f. 30/01/2018

Base Rate (BR): 4.03% w.e.f 30/01/2018

Kuala Lumpur Interbank Offered Rates (KLIBOR): 3.68%

3-mth KLIBOR based on previous business day.

 

What is Base Rate?

Base Rate is made up of 2 parts, our benchmark cost of funds (COF) and the Statutory Reserve Requirement (SRR) cost imposed by Bank Negara Malaysia. Our benchmark COF now reflects the cost of raising new funds in prevailing market funding conditions based on the 3-month KLIBOR as well as customer deposit rates.

For enquiries, connect with us online or drop by your nearest Hong Leong Bank Branch.


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