Affin raises its reference rates by 25 basis points

KUALA LUMPUR: Affin Bank Bhd, Affin Islamic Bank Bhd and Affin Hwang Investment Bank will revise their loan/financing reference rates upward by 0.25% effective July 8.

“In line with the revision, Affin Bank fixed deposit and Affin Islamic Bank Term Deposit-i Board Rates will also be adjusted upwards, effective July 8,” the bank said in a statement.