Latest Base Rate And Indicative Effective Lending Rates

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. [...]