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Rates

Reference Rates

Base Financing Rate (BFR) :

5.75%

(Effective 17 May 2022) 

Base Rate (BR) :

2.60%

(Effective 17 May 2022)

  • The benchmark Cost of Fund (COF) used to determine the BR is the Bank’s Fixed
    Return Islamic Account-i (FRIA-i) rate for 12 months
  • Historical series of the Bank’s BR
Effective Date Rate
02/01/2015 2.33%
01/04/2015 3.50%
15/10/2015 3.70%
22/07/2016 3.60%
16/02/2018 3.85%
16/05/2019 3.60%
03/02/2020 3.35%
12/03/2020 3.10%
13/05/2020 2.60%
10/07/2020 2.35%
17/05/2022 2.60%

 

  • The Bank’s BR is subject to OPR revision by BNM or the Bank’s pricing strategies.

 

Deposit Rates

FRIA-i

Effective 17 May 2022

Tenure Profit Margin (%)
Maturity Returns Upfront Returns
1 month 1.87 1.87
2 months 1.91 1.91
3 months 1.96 1.96
4 months 1.98 1.98
5 months 2.01 2.01
6 months 2.04 2.04
7 months 2.05 2.05
8 months 2.07 2.07
9 months 2.08 2.08
10 months 2.10 2.10
11 months 2.12 2.12
12 months 2.14 2.14
15 months 2.13 -
18 months 2.16 -
24 months 2.20 -
36 months 2.25 -
48 months 2.29 -
60 months 2.33 -

 

FRIA-i 45 Plus

Effective from 17 May 2022

Tenure Profit Margin (%)
Tier 1
Tier 2
Maturity Returns
Upfront Returns
6 months 2.03 2.03
12 months 2.15 2.15
24 months 2.20 -
36 months 2.22 -

 

Historical Hibah Rate effective 23 June 2022

Agro Perdana-i

Range (RM)
Hibah/Profit Rate (% p.a.)
Less than 5,000 0.15
5,000 - 50,000 0.30
> 50,000 and above 0.45

 

AgroTani-i /AgroTani-i (Foreign)/ Simpanan Qard-i

/ Agro Farah-i

Range (RM)
Hibah/Profit Rate (% p.a.)
Less than 5,000 0.17
5,000 - 50,000 0.24
> 50,000 and above 0.50

 

AgroMuda-i

Range (RM)
Hibah/Profit Rate (% p.a.)
Less than 3,000 0.40
3,000 - 10,000 1.00
> 10,000 and above 1.10

 

AgroBSA-i

Range (RM) Hibah Rate (% p.a.)
Less than 5,000 0.25
5,000 - 50,000 0.25
> 50,000 and above 0.25

Under the BNM’s guideline on Qard, the Bank applies the followings;

  • The published hibah rates above are merely historical rates and shall not construed as prospective rate.
  • The Bank does not guarantee on the hibah  which are subject to the Bank’s discretion