To seize your business opportunities in Malaysia
OCBC has what it takes. For now and beyond.
"OCBC is committed to the JS-SEZ as an economic hub and gateway to ASEAN and Greater China for attracting international capital."
Tan Chor Sen, CEO, OCBC Malaysia
OCBC – your partner for the JS-SEZ.
Open and transact with OCBC Business Account to win RM88
A cash rewards of RM88 awaits! Open an OCBC eBiz
Account/-i with an initial deposit of RM500 and transact digitally at least once a month for three consecutive months* during the campaign period.
Campaign period:
1 January 2025 - 30 April 2025 (both dates inclusive)
*Terms and conditions apply.
Rates
Stay up-to-date with the latest rates
Stay informed and on top of your investments with real-time updates on MYR, foreign currency interest or profit rates and foreign exchange rates
LET US GUIDE YOU
LIBOR Contracts Cessation
by 31 December 2021
- Global issuance of new LIBOR contracts will cease by 31 December 2021.
- Similarly, Bank Negara Malaysia requires banks to cease issuance of LIBOR contracts by 31 December 2021 and to reference new products against alternative rates.
- As a bank customer, you are advised to:
- Ensure capacity and system readiness to transact new products in the alternative rates before 31 December 2021
- Incorporate fallback provisions for affected LIBOR contracts to avoid any potential legal implications; and
- Contract your banks as soon as possible to avoid delay in transitioning to alternative rates.
More information about LIBOR transition in Malaysia is available in Box Article - Developments of the Benchmark Rate Reform in Malaysia.