Spread the news

PETALING JAYA: CIMB Bank Bhd and Affin Bank Bhd will increase rates by 25 basis points (bps) correspondingly following Bank Negara Malaysia’s Overnight Policy Rate hike to 2.00% yesterday.

CIMB Bank and CIMB Islamic Bank Bhd will effect a 25bps increase in the base rate and fixed deposit/fixed return income account-i board rates. Similarly, all financing facilities based on the base lending rate and base financing rate will be increased by 0.25%. All rate changes will take effect next Wednesday.

At the same time, Affin Bank, Affin Islamic Bank Bhd and Affin Hwang Investment Bank will also revise the loan/financing reference rates upward by 25bps effective tomorrow. In line with the revision, Affin Bank fixed deposit and Affin Islamic Bank Term Deposit-i Board rates will be adjusted upwards tomorrow.

Spread the news


Have you always desired a smooth online shopping experience. Do you have dreams of putting your goods out on platforms where you can get customers all over Nigeria. Then MelodyBiz Store is the right place for you. We offer competitive prices on goods and services and you can be rest assured to get what you ordered in the stipulated time. Log-on to MelodyBiz and experience a different dynamics of shopping
Previous articleAirAsia Consulting offers airline management consultancy services to Bangladesh’s Fly Dhaka
Next articleU.S. actor, Andy Dick arrested for felony sexual battery on livestream


Please enter your comment!
Please enter your name here