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

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georgechang79
post Jun 10 2008, 07:10 PM

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From: Penang


I am confused here. Pls correct me if i am wrong.

The BLR is fixed at 6.25 by the Bank Negara. and the banks such as citybank or HSBC is offering 6.25 -1.5 to 1.7 is depend on the bank package to attract customers. Therefore it is the bank interest rate that fluctuates not BLR.

 

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