Replacement of Base Rate to Standardised Base Rate (SBR)​

Monday, 1 August 2022

Dear Valued Customers,

Please be informed that the SBR is the reference rate that all banks will be using starting from​ Monday, 1 August 2022 in the pricing of new retail floating-rate loans, refinancing of existing retail loans, and the renewal of revolving retail loans.


Effective Rate​

Standardised Base Rate (SBR)

2.25% p.a.

The reference rate of Standardised Base Rate (SBR) is the Overnight Policy Rate (OPR). The SBR is linked solely to the Overnight Policy Rate (OPR), as determined by the Monetary Policy Committee (MPC) of Bank Negara Malaysia.

BR and BLR/BFR will continue to be applied to the existin​g retail loans/financing facilities which were priced against BR and BLR/BFR respectively.

For the purpose of illustration and subject to change from time to time, the effective interest/profit rate for a 30-year loan/financing of RM350,000 with no lock-in period is 3.75% p.a. (i.e. SBR + 1.50%).

Should you have any enquiries or require any assistance, kindly speak to any of the Customer Service Officers at our branch or call our Contact Centre at 03-2178 8888.

Thank you for banking with us.


Announcement in BM​​​​​​​​​