Latest Base Rate And Indicative Effective Lending Rates 10 June 2016

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Latest Base Rate And Indicative Effective Lending Rates 10 June 2016

Effective 2 January 2015, a new reference rate known as the Base Rate ( BR) will be used for new floating rate loans/financing facilities, such as housing loans.

Loan extended prior to 2 January 2015 will continue to be referenced against the Base Lending Rate (BLR) or Base Financing Rate (BFR) until their maturities.

Base rate 10062016-2 (1)

Base rate 10062016-2 (2)

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By | 2016-11-01T10:45:58+00:00 June 16th, 2016|Home Loan Library, Latest News and Update|0 Comments

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