KUALA LUMPUR, March 9 (Bernama) — Agrobank today announced its latest financing rate by reducing the Base Rate (BR) to 3.10% and Base Financing Rate (BFR) to 6.25%. In line with the revision, Agrobank will also adjust downwards its Fixed Return Islamic Accounts (FRIA-i) across all tenures.
This is in response to the recent announcement made by Bank Negara Malaysia (BNM) on Overnight Policy Rate (OPR) which was cut by 25-basis points from 2.75% to 2.50%.
