Maybank Islamic to increase Islamic Base Rate

Jun 1, 2022

Maybank Islamic have revised upwards its Islamic Base Rate (IBR) by 25 basis points.

Bank Negara announced that the overnight policy rate (OPR) will be increased by 25 basis points to 2.00% after its third Monetary Policy Committee (MPC) meeting this year.

Maybank Islamic's IBR have been adjusted by 25 basis points from 1.75% p.a. to 2.00% p.a. respectively.

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