Half of household loan accounts unaffected by OPR hike - Ahmad Maslan
Published: Mar 6, 2023 5:23 AM | Updated: Mar 7, 2023 3:15 AM
PARLIAMENT | A total of 50.3 percent or 6.4 million household loan accounts are fixed-rate loans that are not affected by the 100 basis point increase in the overnight policy rate (OPR) last year, said Deputy Finance Minister I Ahmad Maslan.
An estimated 54.8 percent of loan accounts of low-income borrowers, with an income of less than RM5,000 per month, are on fixed-rate loans, he said...
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