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Interest Rate on Bank Deposits (Local Currency) in Malaysia

Source: Central Bank of Malaysia, Labuan Offshore Financial Services Authority
Last Updated: July 24, 2023

Interest rate on bank deposits reached 3.14% in third quarter of 2015 in Malaysia, according to the National Central Bank. This is 0.020% less than in the previous quarter.

Historically, interest rate on bank deposits in Malaysia reached an all time high of 10.0% in 2Q1998 and an all time low of 2.03% in 4Q2009.

Malaysia has been ranked 50th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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