Maybank’s deposit rates will be revised upwards by up to 15 basis points, while its base lending rate (BLR) will also be increased by 25 basis points from 6.60% p.a. to 6.85% p.a

This is not against the Bank Negara's law by adjusting deposit rate to only 15 basis point?
Which the OPR has been increased to extra 0.25%?

I thought all banks have to increase their board rates extra 0.25%..? 

I think all banks have to react and revise their deposit rates the latest by today..!!
If not, Bank Negara will sahman them.. 

FD rate may be revised slowly, but BLR I believe all bank will come out statement by today evening.

Loan interest calculated daily, if not revised today, somemore over the weekend, 3 days difference could worth a lot of money for banks even with 0.25% difference.

A bank typically loan out at least about ten to hundreds of billion, if said 100 billion loan that based on BLR x 0.25%/365 = 689K per day interest difference.

If slow 3 day, 2 million difference... 

I doubt they have to increase the deposit board rate by 0.25%. There is no requirement for them to do so. I think Malaysia banks has certain liberty to fix their own BLR. 

FD rate may be revised slowly, but BLR I believe all bank will come out statement by today evening.

Loan interest calculated daily, if not revised today, somemore over the weekend, 3 days difference could worth a lot of money for banks even with 0.25% difference.

A bank typically loan out at least about ten to hundreds of billion, if said 100 billion loan that based on BLR x 0.25%/365 = 689K per day interest difference.

If slow 3 day, 2 million difference... 

Somebody said that OPR should raise another 0.25% in September; somebody even
said OPR could raise up to extra 1% eventually wor... 
This is true.. 
Make money first is the first priority..

Hi,

is the rhb FD promo still on?
Couldn't find it in their website...

The 1% increase seems remote unless inflationary pressure is HIGH.

Are they pulling it out to revise to new rate ? Higher or may be lower (if they expected OPR to go to 0.5% but now 0.25%) ?? 

I placed 6 months FD, expiring in Nov in CIMB.
Advisable to pull them out now and transfer to this RHB promo?

Maybank today announced that it will be revising its deposit and base lending rates effective 16th July 2014, in line with the increase in the Overnight Policy Rate (OPR) by 25 basis points.

Maybank's deposit rates will be revised upwards by up to 15 basis points, while its base lending rate (BLR) will also be increased by 25 basis points from 6.60% p.a. to 6.85% p.a.

The base financing rate (BFR) of Maybank Islamic Berhad will similarly be revised upwards by 25 basis points to 6.85%.

The last revision in Maybank's BLR and Maybank Islamic's BFR was on 11 May 2011 when they were revised from 6.30% p.a. to 6.60% p.a.

It is only rumor and speculate, but hope this will come true.. 
Catch big water fish strategy is no longer work ma; so they cancel it and create
next big net to catch next batch of water fish.. 

This is a battle in between FD depositors and banks.. 

Hi,

is the rhb FD promo still on?
Couldn't find it in their website...

If the 1% increase happens, I will be VERY/SUPER happy.    Though that means high inflation and those with loans will be SAD. 

By the way, which info talking about the 1% increase ?

u mean RHB's 15-months FD promo?

here http://rhb.com.my/Whats_New/deposits/step-up-FD/

Meaning yes?
Sapport BLR increase !!

OPR increase, Property developers and second hand car dealers will be sad or not? 

Why you support BLR increase leh?