The 'Standardised Base Rate' will replace the 'Base Rate' as the reference rate for new retail floating-rate loans from 1 August 2022.
August 12, 2021Since March 2020, the lower SRR ratio and flexibility to recognise MGS and MGII as part of SRR compliance have released MYR 46 billion in banking system liquidity.
January 22, 2021The move is expected to release about $3.7mn of liquidity into the banking system. BNM has also cut its overnight policy rate to the lowest level since 2009.
May 5, 2020