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Reference Rate
| Reference Rate | Rate (per annum) |
Effective Date |
|---|---|---|
| *Standardised Base Rate [SBR] |
3.00% | 09/05/2023 |
Base Rate [BR] Islamic Base Rate [IBR] |
3.88% | 09/05/2023 |
Base Lending Rate [BLR] Islamic Financing Rate [IFR] |
6.89% | 09/05/2023 |
3-Month Kuala Lumpur Interbank Offered Rates [3M KLIBOR] |
3.73% |
19/12/2024 |
| 12-Month Fixed Deposit Rate [12M FDR] | 2.35% | 21/07/2023 |
Important Notes:
*Standardised Base Rate (SBR) is linked solely to the Overnight Policy Rate (OPR), as determined by the Monetary Policy Committee (MPC) of Bank Negara Malaysia. When the OPR is revised, HLB/HLISB will adjust the SBR by the same amount as the change in the OPR. This applies to both upward and downward adjustments in the OPR.
Retail loans/financing facilities priced against the BR/IBR, BLR/IFR, 3M KLIBOR and 12M FDR taken prior to 1 August 2022 shall continue to be priced against the BR/IBR, BLR/IFR, 3M KLIBOR and 12M FDR until the retail loan/financing facilities are fully paid.
Historical trend of SBR, BR/IBR & BLR/IFR
Standard Housing Loan’s Indicative Effective Lending Rate
What is *Standardised Base Rate?
The SBR is the reference rate that all banks will use starting from 1 August 2022 in the pricing of new retail floating-rate loans/financings, refinancing of existing retail loans/financings, and the renewal of revolving retail loans/financings from 1 August 2022. Retail loans/financings refer to loans/financings to individuals (not SMEs or businesses), while ‘floating-rate loans/financings’ refer to loans/financings where the interest/profit rate can change during the lifetime of the loan/financing. The SBR is linked solely to the Overnight Policy Rate (OPR), as determined by the Monetary Policy Committee (MPC) of Bank Negara Malaysia
Retail loans/financing facilities priced against the BR/IBR or BLR/IFR taken prior to 1 August 2022 shall continue to be priced against the BR/IBR or BLR/IFR until the maturity of the retail loan/financing facilities or are fully repaid.
To know more about Standardised Base Rate,
please click here for Standardised Base Rate Consumer Guide
please click here for Standardised Base Rate FAQs