{"id":25094,"date":"2019-05-16T18:11:22","date_gmt":"2019-05-16T10:11:22","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=25094"},"modified":"2019-05-16T18:11:24","modified_gmt":"2019-05-16T10:11:24","slug":"agrobank-lowers-base-rate-and-base-financing-rate-after-opr-cut","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=25094","title":{"rendered":"Agrobank Lowers Base Rate And Base Financing Rate After OPR Cut"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR, May 16 (Bernama) &#8212;\u00a0<\/strong>Agrobank today announced the latest financing rate with a reduction of the base rate (BR) to 3.6% and base financing rate (BFR) to 6.75%. The decision was made after the recent announcement from Bank Negara Malaysia (BNM) on Overnight Policy Rate (OPR) corresponding 25-basis points reduction from 3.25% to 3%.<br><br>According to Syed Alwi Mohamed Sultan, President \/ Chief Executive Officer of Agrobank, the Bank\u2019s BR and BFR have been reduced by 25-basis points effective 16 May 2019. In addition, deposit rates are also adjusted downwards by 20-basis points for 12-month tenure and below and 15-basis points for tenure over the 12-month period, which are effective on the same date. <\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=34570\">http:\/\/mrem.bernama.com\/viewsm.php?idm=34570<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR, May 16 (Bernama) &#8212;\u00a0Agrobank today announced the latest financing rate with a reduction of the base rate (BR) to 3.6% and base financing rate (BFR) to 6.75%. The decision was made after the recent announcement from Bank Negara Malaysia (BNM) on Overnight Policy Rate (OPR) corresponding 25-basis points reduction from 3.25% to 3%. [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/25094"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25094"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/25094\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25094"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}