HLISB Announce Decrease in IBR and IFR
Kuala Lumpur, 10 July 2020
In line with the recent reduction in Bank Negara Malaysia’s Overnight Policy Rate (“OPR”), Hong Leong Islamic Bank Berhad
("HLISB") would like to announce reduction in its Islamic Base Rate ("IBR") to 2.63% from 2.88%.
Similarly, financing based on Islamic Financing Rate ("IFR") will be lowered to 5.64% from 5.89%.
All rate changes will be effective from 10 July 2020.
