Money
CIMB announces an increase in base rate, fixed deposit board rates, BLR and BFR
People are seen in front of a CIMB bank office in Kuala Lumpur in this February 25, 2014 file photo. u00e2u20acu201d Reuters pic

KUALA LUMPUR, Jan 26 — In response to BNM’s OPR increase from 3.00 per cent to 3.25 per cent, CIMB Bank Berhad and CIMB Islamic Bank Berhad have announced corresponding increases in its Base Rate and Fixed Deposit Board Rates by 0.25 per cent.

Similarly, loans and financing based on BLR and BFR respectively will be increased by 0.25 per cent.

All rate changes will be effective February 2, 2018. — Bernama

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