HLB and HLISB Announce Increase In Base Rate / Islamic Base Rate, BLR / IFR And FD Rate / FD-I Rate By 25 Basis Points

In line with Bank Negara Malaysia Overnight Policy Rate (“OPR”) increase from 3.00% to 3.25%, Hong Leong Bank Berhad and Hong Leong Islamic Bank Berhad would like to announce corresponding increases in its Base Rate / Islamic Base Rate (“BR”) and Fixed Deposit Rate/Fixed Deposit-i Rate by 0.25%. Similarly, loans and financing based on Base Lending Rate (“BLR”) and Islamic Financing Rate (“IFR”) will respectively be increased by 0.25%. All rate changes will be effective 30 January 2018.