KUALA LUMPUR: In response to Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) increase from 3.00 per cent to 3.25 per cent, CIMB Bank Bhd and CIMB Islamic Bank Bhd today announced corresponding increases in its Base Rate and Fixed Deposit Board Rates by 0.25 per cent.
Similarly, loans and financing based on Base Lending Rate (BLR) and Base Financing Rate, (BFR) respectively will be increased by 0.25 per cent, CIMB said in a statement today.
All rate changes will be effective from Feb 2, 2018.