Interest changing to BLR + 0% and higher?, Starting from 1 January 2015
|
|
 Mar 27 2015, 09:10 PM
Return to original view | Post
#1
|
 
Junior Member
54 posts Joined: Mar 2015 
|
With the BR framework and we could see Maybank the lowest at 3.2 big banks generally lower BR, for all banks effective loan rate basically the same my QUESTION is is it wiser to have loans with bigger banks than smaller banks by lookIng at the BR
|
|
|
Mar 27 2015, 11:32 PM
Return to original view | Post
#2
|
|
Junior Member
54 posts Joined: Mar 2015
|
QUOTE(Jasoncat @ Mar 27 2015, 09:33 PM) Nope, there is no basis to say BIG banks will have lower BR in general. You may refer to post#97 and #115 to see the current BR of the banks. Thanks. Salute!!By just looking at the BR, no conclusion can be drawn whether bigger banks are better than smaller ones. Still have to look at the all in rate, ie the effective lending rate.  One more thing Going forward are the bigger banks going to have less volatile BR than smaller banks, so getting loans with bigger banks is better? |
|
|
Mar 28 2015, 01:22 AM
Return to original view | Post
#3
|
|
Junior Member
54 posts Joined: Mar 2015
|
QUOTE(Jasoncat @ Mar 27 2015, 11:51 PM) How volatile the BR is not depending on the size of the bank. BR cmprised of 2 things - the benchmark cost of funds and the SRR. SRR requirement is the same for all banks. As for the benchmark cost of funds, different banks may use different benchmark but most are using 3M KLIBOR. Banks that use the same benchmark, regardless their size, is expected to exhibit the same volatility and quantum of adjustment. Ok. GreatSharing is caring  |
| Change to: |  0.0137sec
 0.12
 7 queries
 GZIP Disabled
Time is now: 25th November 2025 - 07:38 AM |
Quote