Bank Islam Malaysia Berhad has announced a 25-basis-point reduction in its SBR, BR, and BFR, aligning with Bank Negara Malaysia’s latest Overnight Policy Rate (OPR) cut. The move is expected to provide financial relief to borrowers and boost financial inclusion through the bank’s digital platforms.
MALAYSIA, 10 JULY 2025 – Bank Islam Malaysia Berhad (Bank Islam) has announced the revision of its Standardised Base Rate (SBR), Base Rate (BR), and Base Financing Rate (BFR) by 25 basis points to 2.75%, 3.52%, and 6.47% per annum, respectively. These revised rates will take effect starting 10 July 2025.
This adjustment follows Bank Negara Malaysia’s decision to reduce the Overnight Policy Rate (OPR) from 3.00% to 2.75%, a move intended to stimulate domestic economic activity amid ongoing cost-of-living pressures.
Bank Islam’s Group Chief Executive Officer, Dato’ Mohd Muazzam Mohamed, noted that the rate revision is designed to support economic recovery by offering financial relief to customers with financing linked to the SBR, BR, or BFR. “This strategic move reflects our commitment to supporting individuals and businesses through more affordable financing,” he said.
Beyond easing borrowing costs, the reduced OPR gives Bank Islam more room to expand its financing portfolios and strengthen customer engagement. The bank aims to reach underbanked segments through its BIMB Mobile and Be U by Bank Islam digital banking platforms, widening access to financial services nationwide.
“As a purpose-driven and responsible institution, we see this as a timely opportunity to contribute to financial resilience, especially for those hardest hit by the rising cost of living,” added Mohd Muazzam. “Our mission goes beyond banking—we are working toward a more inclusive and sustainable economic ecosystem.”
The Bank’s approach aligns with its broader commitment to responsible banking and sustainable growth, while helping customers navigate today’s evolving financial landscape with greater stability and confidence.
