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Important Notices Archive

02 Jan 2015 New Base Rate
  • Important Notices
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Dear Valued Customers,
 

In line with Bank Negara Malaysia’s guidelines, effective 2 January 2015, Base Rate (BR) will replace the Base Financing Rate (BFR) as the reference rate for all NEW retail financing applied by individual customers. 

The Base Rate applies to all applications received for new retail financing facilities and refinancing of existing financing facilities. Kindly be informed that the new Base Rate (BR) will be 4.25% p.a. 

Note: Existing retails financing facilities which we have granted prior to the effective date shall remain priced against the Base Financing Rate (BFR) of 7.15% p.a. 

If you have any enquiries, please call our Customer Care at 1300 82 6000. 

Thank you for banking with us and we look forward to your continuing support.


Thank You.
Al Rajhi Bank (Malaysia)