Bank Negara New Limit Loans

Recently Bank Negara Malaysia announced that the maximum limit of repayment for property would be at 35 years and personal loan would be capped at 10 years. This move is related to recent numbers of house hold debts in Malaysia which has reached a horrifying figure. The latest move has made a significance impact in […]
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Bank Negara reduces OPR by 25BP

Bank Negara Malaysia has effectively reduced the OPR (Overnight Policy Rate ) by 25 basis points. This is around 0.25%. This would meant that Bank Negara in Malaysia would have to follow the OPR guidelines and to reduce their BR (Base Rate) by 0.25%. Literally all interest rates would have to be reduced with the […]
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