Association of Banks welcomes cut in OPR

Article Date : 25 November 2008
News Section: Malaysia

The Association of Banks in Malaysia said on Tuesday Bank Negara’s decision to cut its Overnight Policy Rate by 25 basis point to 3.25% from 3.50% was positive as it would lead to lower cost of funds for banks...

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Article provided by Thestar.com.my.
Read the full article here: http://biz.thestar.com.my/news/story.asp?file=/2008/11/25/business/20081125200548&sec=business

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