Hong Leong Bank group MD & CEO Domenic Fuda
KUALA LUMPUR: Hong Leong Bank Bhd
(HLB) and Hong Leong Islamic Bank Bhd will be reducing the base rate and Islamic Base Rate to 2.88% from 3.38%, effective May 12.
Loans and financing based on the base lending rate and Islamic financing rate will also be lowered to 5.89 per cent from 6.39 per cent. The rates of its fixed deposits will also be revised downwards by 50 basis points.
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