Bank Muamalat Malaysia Berhad (“BMMB”) Downward Revision Of Base Rate (“BR”), Base Financing Rate (“BFR”) And Fixed Term Account-i (“FTA-i”) Deposit Rates
KUALA LUMPUR, May 6 (Bernama) — In response to Bank Negara Malaysia’s (“BNM”) decision on 5 May 2020 to reduce the Overnight Policy Rate (“OPR”) to 2.00%, BMMB’s BR and BFR will be accordingly revised by 50 basis points from 3.31% p.a. to 2.81% p.a. and 6.31% p.a. to 5.81% p.a.…

