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 is BLR going to rise or drop?, BLR

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daryl.k
post Jan 2 2010, 09:35 PM

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spoke to few bankers yesterday about this issue...

few of the bankers says, economy is still recovering, just recovering actually, so there's no way Bank Negara gonna kill the market by increasing the BLR...

property investments is on all time high list largely due to low interest...it needs to be maintained that way..

one of the banker says,
in contrast, if one looks at comparison between FD rates & housing loan rates, its not huge difference. one banker claims that bank couldn't make substantial profits becos of the FD vs Housing Loan interest. his take is, yes, BLR will be increased, so banks can make their profits...

so, make ur own conclusion...


daryl.k
post Jan 4 2010, 09:26 PM

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BLR will be revised if OPR is revised also..decision on OPR is reviewed about 6 times per year...

 

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