Kuala Lumpur, 9 July 2025 - Alliance Bank Malaysia Berhad (“
Alliance Bank”) and Alliance Islamic Bank Berhad (“
Alliance Islamic Bank”) announced today that they will reduce their Standardised Base Rate (“
SBR”) by 25 basis points to 2.75% per annum to mirror the Overnight Policy Rate (“
OPR”) effective 15 July 2025, following Bank Negara Malaysia’s (“
BNM”) revision of the OPR on 9 July 2025 from 3.00% to 2.75%.
Correspondingly, Alliance Bank and Alliance Islamic Bank will reduce their Base Rate (“
BR”) by 25 basis points from 3.82% to 3.57% per annum while Base Lending Rate (“
BLR”) and Base Financing Rate (“
BFR”) will be revised from 6.67% to 6.42% per annum effective 15 July 2025, in line with the requirements of BNM’s Reference Rate Framework effective 01 August 2022. Under this framework, the SBR will be used as the common reference rate for all financial institutions for their new retail floating-rate loans/ financing and will be linked solely to the OPR.
In tandem with the revision, Alliance Bank and Alliance Islamic Bank will also adjust their fixed deposit rates downwards on the same effective date.
For more information on the revised SBR, BR, BLR and BFR, please visit
www.alliancebank.com.my.
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