Kuala lumpur: In response to Bank Negara Malaysia’s (BNM) decision to decrease the overnight policy rate (OPR) to 2.75% effective 9 July 2025, Bank Muamalat Malaysia Berhad’s (Bank Muamalat) Standardised Base Rate (SBR), Base Rate (BR), and Base Financing Rate (BFR) will be revised by 25 basis points. The adjustments will change the SBR from 3.00% per annum to 2.75% per annum, the BR from 3.81% per annum to 3.56% per annum, and the BFR from 6.81% per annum to 6.56% per annum, with these changes taking effect from 14 July 2025. This revision will impact all floating-rate financing packages linked to the SBR, BR, and BFR.
According to BERNAMA News Agency, in line with the decrease in SBR, BR, and BFR, Bank Muamalat’s Fixed Term Account-i (FTA-i) deposit rates will also be revised accordingly.