CIMB

KUALA LUMPUR (Jan 26): CIMB Bank Bhd (pictured) and CIMB Islamic Bank Bhd are raising their base lending rate (BLR) and fixed deposit rates by 0.25% effective Feb 2.

In a statement today, CIMB Group Holdings Bhd said similarly, loans and financing based on BLR and base financing rate respectively will be increased by 0.25%.

This is in response to Bank Negara Malaysia's move to raise the overnight policy rate by 25 basis points to 3.25% yesterday. — theedgemarkets.com

For more stories, download EdgeProp.my pullout here for free.

SHARE
SPONSORED CONTENT
The Vybe—first smart suites for contemporary living in heart of digital city

Surrounded by innovation hubs, universities, business parks, medical centres, and retail conveniences, the development offers access to a thriving ecosystem of over 800 companies, including top multinational corporations, tech firms, and government agencies.

read more
RELATED POSTS
  1. No further cuts seen through 2026 as BNM stands pat on OPR
  2. Bank Negara Malaysia maintains overnight policy rate at 2.75%
  3. BNM to maintain OPR at 2.75% on Thursday—Moody's Analytics