Public Bank Increased Base Rate 3.75%

At the latest Monetary Policy Committee meeting, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.25%. But, even with that, a few commercial banks decided to increase their interest rates. Public Bank Malaysia has raised its base lending rate (BLR) from 6.85% to 6.95% & base rate from 3.65% to 3.75% [...]