“All loan and financing rates based on SBR, BR, BLR, and BFR will correspondingly increase by the same rate,” it said in a statement.
The bank said it was in line with Bank Negara Malaysia’s recent increase in the overnight policy rate (OPR) of 25 basis points to 3.00 per cent. KUALA LUMPUR: OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary, OCBC Al-Amin Bank Bhd, will correspondingly increase their standardised base rate (SBR), base rate (BR), base lending rate (BLR) and base financing rate (BFR) by 0.25 percentage points, effective May 10.
