CIMB, CIMB Islamic to lower rates

Similarly, all financing facilities based on base lending rate (BLR) and base financing rate (BFR) will be reduced by 0.25%

KUALA LUMPUR: In response to Bank Negara’s Overnight Policy Rate (OPR) decrease of 25 basis points from 2.75% to 2.50% on March 3, CIMB Bank Bhd and CIMB Islamic Bank Bhd will effect a corresponding 25-basis point reduction in their base rate and fixed deposit income account-i board rates.

Similarly, all financing facilities based on base lending rate (BLR) and base financing rate (BFR) will be reduced by 0.25%.