Larger bank profits as BLR increase outpaces OPR rise
May 23, 2011 by Jeffery · 1 Comment
Bank margins rising?
By Yap Leng Kuen (The Star Newspaper)
Larger bank profits as BLR increase outpaces OPR rise
PETALING JAYA: The higher increase in the base lending rate (BLR, to which lending rates are pegged) compared with that of the benchmark overnight policy rate (OPR) has raised more than eyebrows among consumers.
“This is totally unacceptable,” a reader [...]
Malaysia Latest BLR Increase in May 2011
May 12, 2011 by Jeffery · 2 Comments
The above table illustrate the Latest Base Lending Rate (BLR) increase in Malaysia as at 12 May 2011.
Newspaper Headlines on Overnight Policy Rate Increment as at 5 May 2011
May 6, 2011 by Jeffery · Leave a Comment
Newspaper Headlines on Overnight Policy Rate Increment as at 5 May 2011
Bank Negara Malaysia Monetary Policy Statement on 5 May 2011
May 6, 2011 by Jeffery · 2 Comments
At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to raise the Overnight Policy Rate (OPR) by 25 basis points to 3.00 percent. The floor and ceiling rates of the corridor for the OPR are correspondingly raised to 2.75 percent and 3.25 percent respectively.
The global economic recovery has continued in the first [...]
BLR hike expectation in year 2011
January 2, 2011 by Jeffery · Leave a Comment
Ladies and gentlemen, just to remind you that the Base Lending Rate (BLR) is expected to hike again 3 times this year, 2011!
The first hike will be on March, follow by July and lastly is November 2011.
Mortgage Loan Price War!
September 1, 2010 by Jeffery · 2 Comments
Today I just came across this article from The Star newspaper, thought of to share it here. Please take a look!
There may be a price war to give out cheaper bank loans
By TEE LIN SAY
linsay@thestar.com.my
KUALA LUMPUR: There may be a new round of price war among banks for consumer loans, with the new mortgage rate [...]
Kempen BSN Mortgage!
August 22, 2010 by Jeffery · Leave a Comment
Kempen BSN Mortgage from 1 July - 31 December 2010
I have heard the BSN Mortgage Promotion Ads on radio before I came across this print ads on TheStar.
They are offering you BLR – 2.20% throughout the whole tenure and Zero Moving Entry Cost.
Not only that, you might also have a chance to win away [...]