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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News
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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MBSB X-press Raya 2013 Personal Loan
MBSB has come up with a great personal loan offer as of Hari Raya 2013. There are some of the details of the personal loan package are as above. Looking at the 3.99% flat rate, the rate is a pretty good bargain compared to what you have in the market currently for government staffs […]
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