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Will AmIslamic Bank cost of funds/funding rate/discounting rate be pegged to the AmBank Base Lending Rate (BLR)?

April 26, 2017ambank amislamic Bank base COST discounting funding funds pegged rate

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Will AmIslamic Bank cost of funds/funding rate/discounting rate be pegged to the AmBank Base Lending Rate (BLR)?

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No, AmIslamic Bank cost of fund/funding rate/discounting rate will not be pegged to the BLR of AmBank. AmIslamic Bank will have its own rates, which are competitive in the market.