In line with Bank Negara Malaysia’s Overnight Policy Rate increase of 25 basis points from 2.75% to 3.00% on 3 May 2023, CIMB Bank Berhad and CIMB Islamic Bank Berhad will effect a corresponding 25 basis point increase in their Standardised Base Rate, Base Rate and Fixed Deposit / Fixed Return Income Account-i Board Rates.
The banking group said similarly, all financing facilities based on the Base Lending Rate and Base Financing Rate will be increased by 0.25% with ate changes to take effect on 9 May 2023.
