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

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muscaa
post Aug 26 2008, 04:09 PM

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QUOTE(wingcross @ Aug 25 2008, 11:09 PM)

Lower interests doesnt mean good. It only encourage ppl to spend more. The only reason the govt doesnt want to increase the interests i think is to protect the banks in Malaysia.
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The Bank Negara just announced OPR keeps at 3.5% yesterday.
Do you think the BLR will come down in the near future instead of going up like what everyone expected?
muscaa
post Feb 26 2009, 08:58 AM

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Maybank to cut BLR to 5.55% from March 2, it may cut more depends on the economic crisis.

http://www.btimes.com.my/Current_News/BTIMES/articles/25MAYBLR/Article/
muscaa
post Feb 26 2009, 11:38 AM

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QUOTE(cherroy @ Feb 26 2009, 10:41 AM)
Greedy greedy banks again, isn't it the BLR should be slahsed to 5.45%, instead of 5.55%?

BNM lower OPR rate by 0.5%, cut SRR to 1% (banks cost become cheaper), while all of them slashed FD rate 0.5%, but BLR just cut 0.4%. Try to squeeze out more profit out of it from the BNM's move?  vmad.gif
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moderator pls calm down man... shakehead.gif

 

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