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New Reference Rate Framework for Retail Floating Rate Loans and Financing

Dear Valued Customers,  

Please be informed that effective 2 January 2015, Bank Negara Malaysia (BNM) will replace the Base Lending Rate (“BLR”) / Base Financing Rate (“BFR”) with the Base Rate (“BR”) as the main reference rate for new Conventional and Islamic retail floating rate loans and financing. 

Thank you.