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Medal eludes Farah but result still her best at Games

PETALING JAYA: National artistic gymnast Farah Ann Abdul Hadi missed out on a bronze medal at the University Games in Napoli, Italy.The 25-year-old finished 0.150 points behind Russia’s Uliana Perebinosova at the fourth position with 12.550 in her pet event floor exercise. The Russian took the bronze with 12.700.

More banks in Malaysia lowering lending rates

PETALING JAYA: More banks in Malaysia are lowering their lending rates with Standard Chartered Malaysia jumping on the bandwagon this week, following the cut in the overnight policy rate (OPR) to 3% from 3.25% by Bank Negara on May 7.

Banking on banks to have a heart

From WALTER SANDOSAM, Retired commercial bank executive, Kuala Lumpur.

RHB Bank lowers lending, FD rates by 0.2%

KUALA LUMPUR: RHB Banking Group has lowered its base rate (BR) and base lending rate (BLR) downwards by 20 basis points or 0.2% effective on Monday.

OCBC Bank lowers lending, fixed deposit rates by 0.25%

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and its subsidiary, OCBC Al-Amin Bank Bhd are lowering their lending rates and fixed deposit rates by 0.25% on Monday.

CIMB lowers base rate by 0.25% after OPR cut

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have reduced their base rate (BR), base lending rate (BLR) in response to Bank Negara Malaysia’s overnight policy rate (OPR) decrease of 25 basis points to 3% from 3.25%.

OPR cut affects BIMB, Alliance Bank the most

PETALING JAYA: The profitability of banks in Malaysia will be negatively affected in the short term following the recent cut in the overnight policy rate (OPR), with banks with higher floating rate loans being impacted the most.

Maybank to lower lending, FD rates by 20bps

KUALA LUMPUR: Malayan Banking Bhd will lower its lending and fixed deposit rates by 20 basis points with effect from Thursday in line with the recent reduction in the Overnight Policy Rate (OPR).