Guide to Consumer on Reference Rate

What is the Standardised Base Rate (SBR)?

The SBR is the reference rate that all banks will use starting from 1 August 2022 in the pricing of new retail floating-rate loans, refinancing of existing retail loans, and the renewal of revolving retail loans from 1 August 2022. Retail loans refer to loans to individuals (not Small and Medium Enterprises or businesses), while ‘floating-rate loans’ refer to loans where the interest rate can change during the lifetime of the loan. The SBR is linked solely to the Overnight Policy Rate (OPR), as determined by the Monetary Policy Committee (MPC) of Bank Negara Malaysia. In other words, SBR is the same as OPR.

Apakah Kadar Asas Standard (SBR)?

SBR ialah kadar rujukan yang akan digunakan oleh semua bank mulai 1 Ogos 2022 untuk menentukan kadar faedah untuk pinjaman runcit baharu, pembiayaan semula pinjaman runcit sedia ada, dan pembaharuan pinjaman runcit pusingan. Pinjaman runcit merujuk pinjaman kepada individu (bukan Perusahaan Kecil dan Sederhana atau perniagaan), manakala ‘pinjaman berkadar terapung’ merujuk pinjaman yang kadar faedahnya boleh berubah sepanjang tempoh pinjaman tersebut. SBR dihubungkan hanya kepada Kadar Dasar Semalaman (Overnight Policy Rate, OPR) yang ditentukan oleh Jawatankuasa Dasar Monetari (Monetary Policy Commitee, MPC) Bank Negara Malaysia. Dalam kata lain, SBR sama dengan OPR.

Consumer Guide on the Revised Reference Rate [English] [Bahasa Malaysia]

Indicative Effective Lending Rate [English] [Bahasa Malaysia]