SME Bank

Globally, risk-free rates (RFRs) will replace LIBOR for major currencies from January 2022 onwards. In line with this global development, Bank Negara Malaysia requires banks to cease new issuance of LIBOR-referencing contracts by 31 December 2021. The e-brochure emphasises the urgency for bank customers to be prepared for the transition from LIBOR to RFRs.

 

 LIBOR ebrochure