INCREASE IN RATES – MAY 2023

Dear valued customers,

In line with Bank Negara Malaysia's announcement on the increase of Overnight Policy Rate (OPR) by 25 basis points to 3.00% on 3 May 2023, BSN will revise its Standardised Base Rate and Term Deposit Rates accordingly.

Similarly, all financing facilities based on the Standardised Base Rate (SBR), Base Rate (BR) and Base Financing/Lending Rate (BFR/BLR) will be increased by 0.25%, effective 12 May 2023 as follows:

DetailExistingNew
  1. Standardised Base Rate (SBR)
2.75% per annum3.00% per annum
  1. Base Rate (BR)
3.60% per annum3.85% per annum
  1. Base Financing/Lending Rate (BFR/BLR)
6.35% per annum6.60% per annum

For more details, please call BSN Contact Centre at 1300-88-1900.

Thank you.

9 May 2023