MALAYAN BANKING BHD [ ] is raising its deposit and base lending rates effective Wednesday, May 11.
It said on Tuesday its deposit rates will be revised upwards by up to 30 basis points, while its base lending rate (BLR) will be increased by 30 basis points from 6.30% per annum to 6.60% per annum.
Maybank Islamic Bhd’s base financing rate will similarly be revised upwards by 30 basis points to 6.60 % from 6.30%.
The last revision in Maybank’s BLR and Maybank Islamic’s BFR was on July 13, 2010 when they were revised from 6.05% to 6.30%.
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