{"id":3030,"date":"2026-01-20T17:47:26","date_gmt":"2026-01-20T17:47:26","guid":{"rendered":"https:\/\/malaysian-business.com\/wptest\/2026\/01\/20\/alliance-bank-to-reduce-base-rate-blr-and-bfr\/"},"modified":"2026-01-23T17:47:05","modified_gmt":"2026-01-23T17:47:05","slug":"alliance-bank-to-reduce-base-rate-blr-and-bfr","status":"publish","type":"post","link":"https:\/\/malaysian-business.com\/portal\/2026\/01\/20\/alliance-bank-to-reduce-base-rate-blr-and-bfr\/","title":{"rendered":"Alliance Bank To Reduce Base Rate, BLR And BFR"},"content":{"rendered":"<p><b><i>Kuala Lumpur, 14 May 2020 \u2013 <\/i><\/b><span style=\"font-weight: 400;\">Alliance Bank Malaysia Berhad (\u201cAlliance Bank\u201d or the \u201cBank\u201d) today announced that it will reduce its Base Rate (\u201cBR\u201d), Base Lending Rate (\u201cBLR\u201d), and Base Financing Rate (\u201cBFR\u201d) by 50 basis points effective 15 May 2020.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bank\u2019s Base Rate will be lowered from 3.32% p.a. to 2.82% p.a., and Base Lending Rate and Base Financing Rate from 6.17% p.a. to 5.67% p.a. The revision applies to all existing loans and\/or financing pegged to the Base Rate, Base Lending Rate, and Base Financing Rate. To align with these changes, the deposit rates will also be revised on the same effective date.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;The further reduction in Overnight Policy Rate offers additional relief to borrowers. Alliance Bank also provides other financing assistance such as loan restructuring and rescheduling to help relieve the cash flow burdens of borrowers in these challenging times,\u201d said Alliance Bank\u2019s Group Chief Executive Officer, Mr. Joel Kornreich.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, Alliance Bank has gone beyond financing to assist SMEs with the launch of the #SupportLokal initiative to help them scale up their business digitally and tap into major e-commerce platforms such as Shopee and AirAsia OURSHOP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For more information on the base rate, BLR and BFR revisions, please visit <\/span><a href=\"http:\/\/www.alliancebank.com.my\"><span style=\"font-weight: 400;\">www.alliancebank.com.my<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kuala Lumpur, 14 May 2020 \u2013 Alliance Bank Malaysia Berhad (\u201cAlliance Bank\u201d or the \u201cBank\u201d) today announced that it will reduce its Base Rate (\u201cBR\u201d), Base Lending Rate (\u201cBLR\u201d), and Base Financing Rate (\u201cBFR\u201d) by 50 basis points effective 15 May 2020. The Bank\u2019s Base Rate will be lowered from 3.32% p.a. to 2.82% p.a., [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-3030","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/3030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=3030"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/3030\/revisions"}],"predecessor-version":[{"id":3642,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/3030\/revisions\/3642"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=3030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=3030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=3030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}