{"id":64472,"date":"2020-03-04T17:46:40","date_gmt":"2020-03-04T09:46:40","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=64472"},"modified":"2020-03-04T17:46:41","modified_gmt":"2020-03-04T09:46:41","slug":"bank-muamalat-malaysia-berhad-bmmb-downward-revision-of-base-rate-br-base-financing-rate-bfr-and-fixed-term-account-i-fta-i-deposit-rates","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=64472","title":{"rendered":"Bank Muamalat Malaysia Berhad (&#8220;BMMB&#8221;) Downward Revision Of Base Rate (&#8220;BR&#8221;), Base Financing Rate (&#8220;BFR&#8221;) And Fixed Term Account-i (&#8220;FTA-I&#8221;) Deposit Rates"},"content":{"rendered":"\n<p><strong>KUALA LUMPUR<\/strong><em><strong>,\u00a0<\/strong><\/em><strong>March 4 (Bernama) &#8212;<\/strong>In response to Bank Negara Malaysia\u2019s (\u201cBNM\u201d) decision on 3 March 2020 to reduce the Overnight Policy Rate (\u201cOPR\u201d) to 2.50%, BMMB\u2019s BR and BFR will be accordingly revised by 25 basis points from 3.56% p.a. to 3.31% p.a. and 6.56% p.a. to 6.31% p.a. respectively, with effect from 5 March 2020. This will affect all floating rate financing packages pegged to the BR and BFR.<br><br>In line with the reduction in BR and BFR, BMMB\u2019s FTA-i deposit rates will also be revised downward by 25 basis points.<\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=36889\">http:\/\/mrem.bernama.com\/viewsm.php?idm=36889<\/a><\/p>\n\n\n\n<p> <br><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KUALA LUMPUR,\u00a0March 4 (Bernama) &#8212;In response to Bank Negara Malaysia\u2019s (\u201cBNM\u201d) decision on 3 March 2020 to reduce the Overnight Policy Rate (\u201cOPR\u201d) to 2.50%, BMMB\u2019s BR and BFR will be accordingly revised by 25 basis points from 3.56% p.a. to 3.31% p.a. and 6.56% p.a. to 6.31% p.a. respectively, with effect from 5 March [&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\/64472"}],"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=64472"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/64472\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64472"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}