Tue, May 21, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Finance, Market Moves more

Kuwait Finance cuts BFR by 25 basis points

Posted on 02 December 2008

From Bernama.com.my: Kuwait Finance House (Malaysia) Bhd (KFHMB) has reduced its Base Financing Rate (BFR) by 25 basis points to 6.50 percent from 6.75 percent effective Monday.

In a statement here, KFHMB said the decision to cut the BFR follows the easier monetary stance by Bank Negara Malaysia (BNM), which had announced a cutback in the overnight policy rate (OPR), by 25 basis points to 3.25 percent recently….. Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
May 2013
M T W T F S S
« Apr    
 12345
6789101112
13141516171819
20212223242526
2728293031