04 August 2022

Implementation of Standardised Base Rate (SBR) for New Floating Rate Retail Loans/Financing effective 1 August 2022


Dear Valued Customers,

Effective 1 August 2022, the revised reference rate known as the Standardised Base Rate (SBR) will be used for new floating rate retail loans/financing for individuals.

The SBR is benchmarked against the Overnight Policy Rate (OPR) and, currently stands at 2.25%p.a.

The Base Rate (BR) and Base Lending Rate (BLR)/Base Financing Rate (BFR) will continue to be applied to the existing retail loans/financing facilities which were priced using the BR and BLR/BFR respectively.

For more information, please visit

Click here for Consumer Guide on the Revised Reference Rate Framework. [ENG]

Klik disini untuk Panduan Pengguna tentang Rangka Kerja Kadar Rujukan yang Dikemas Kini [BM]

Thank you.