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Rates

Reference Rates

Base Financing Rate (BFR) :

5.50%

(Effective 10 July 2020) 

Base Rate (BR) :

2.35%
(Effective 10 July 2020)

  • 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%

 

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

 

Deposit Rates

FRIA-i

Effective 10 July 2020

Tenure Profit Margin (%)
Maturity Returns Upfront Returns
1 month 1.80 1.80
3 months 1.90 1.90
6 months 2.05 2.05
9 months 2.10 2.10
12 months 2.35 2.35
15 months 2.15 -
18 months 2.15 -
24 months 2.15 -
36 months 2.15 -
48 months 2.15 -
60 months 2.15 -

 

FRIA-i 45 Plus

Effective from 10 July 2020

Tenure Profit Margin (%)
Tier 1
Tier 2
Maturity Returns
Upfront Returns
6 months 2.00 2.00
12 months 2.35 2.35
24 months 2.35 -
36 months 2.35 -

 

Historical Hibah Rate effective 22 July 2020

Agro Perdana-i

Range (RM)
Historical Hibah Rate (% p.a.)
Less than 5,000 0.15
5,000 - 50,000 1.05
> 50,000 and above 1.20

 

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

Range (RM)
Historical Hibah Rate (% p.a.)
Less than 5,000 0.17
5,000 - 50,000 0.54
> 50,000 and above 1.37

 

AgroMuda-i

Range (RM)
Historical Hibah 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) Historical 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