CIMB Bank Bhd and CIMB Islamic Bank Bhd have announced an increase in their Base Lending Rate (BLR) and Base Financing Rate (BFR) by five basis points from 6.30 per cent to 6.35 per cent, effective April 4.
A statement by the CIMB Group said that the change in the rates followed Bank Negara Malaysia’s decision to increase the Statutory Reserve Ratio (SRR) requirement by 1.0 per cent to 2.0 per cent with effect from April 1. -- Bernama
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