PRIME LENDING RATES

Since 1978, ABS collates and publishes the Prime Lending Rates (“PLR”) contributed by member banks/institutions every Friday (or on the last working day of the week, if Friday is a public holiday), at or around 4.30pm. The rates are also submitted to the Press and The Business Times publishes the PLR in their Companies & Markets section (Page 7, typically) on the following Monday.

The PLR is the lowest lending rate which a Bank/Institution is prepared to lend in Singapore dollars to its clients on an overdraft or demand basis.

Bank’s/Institution's submission is on a voluntary and opt-in basis - should there be no advice received, the contributing Bank’s/Institution’s previous week’s PLR will be published. Please note that this publication page is overwritten weekly and no historical PLR data is archived.

Date: 07 February 2025 

Banks %
Agricultural Bank of China Limited 5.5
Bangkok Bank Public Company Limited 6
Bank of China Limited 5.5
Bank of Communications Co., Ltd 5.5
Bank of Singapore Limited 5.5
Bank of Taiwan 6
Banque Internationale a Luxembourg Singapore Branch 6
BNP Paribas 6
Chang Hwa Commercial Bank Ltd 5.25
CIMB Bank Berhad 5.5
Citibank N.A., Singapore Branch 5.5
Credit Agricole Corporate And Investment Bank 5.75
DBS Bank Ltd 4.25
Deutsche Bank AG, Singapore Branch 5.5
First Commercial Bank 5.75
Habib Bank Ltd 6
HL Bank 5.75
Hua Nan Commercial Bank Ltd 5.5
Indian Bank 6
Indian Overseas Bank 5.5
Industrial and Commercial Bank of China Limited 5
Korea Exchange Bank 5.75
Landesbank Baden-Wurttemberg 5.33
Malayan Banking Berhad 5.25
Mega International Commercial Bank Co., Ltd 5.50
Mizuho Bank Ltd 6
MUFG Bank, Ltd 6
Natixis 6
Nordea Bank Finland Plc 6
Oversea-Chinese Banking Corporation Limited 5
PT Bank Mandiri (Persero) TBK 6
PT Bank Negara Indonesia (Persero) TBK 6
Raiffeisen Bank International AG, Singapore Branch 6
RHB Bank Berhad 5.7
Standard Chartered Bank 5.75
State Bank of India 6
Sumitomo Mitsui Banking Corporation 6
Sumitomo Mitsui Trust Bank, Limited 6
Svenska Handelsbanken AB 6
The Bank of East Asia Ltd 5.75
The Hongkong and Shanghai Banking Corporation Limited 5.5
The Shanghai Commercial & Savings Bank, Ltd 6
UCO Bank 6
United Overseas Bank Limited 5
Finance Companies %
Hong Leong Fin 6.875
Singapura Fin (BLR) 6.63
Sing Inv & Fin 5.35
BLR: Base Lending Rate