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 WIll BLR in future increase from 6.75% or lower, (Discuss)

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Lawyer1
post Jul 1 2008, 12:45 AM

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Sorry,..... heard from where please ?
Lawyer1
post Jul 2 2008, 04:31 PM

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Gents, thank you for your replies. I will look at it this way : even if they increase the BLR, it doesn't necessarily mean that the FD rate will increase. The FD rate will only increase if the banks need money to loan out.

Otherwise, ONLY the BLR will incarese, but the FD rate remains.

Unless somebody tells me that it is a BNM regulation that if BLR increases, the FD rate must increase also. Is this a regulation ???

 

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