KUALA LUMPUR (May 5): CIMB Bank Bhd and CIMB Islamic Bank Bhd will increase their respective standardised base rates, base rates and fixed deposit/fixed return income Account-i board rates&nbsp;by 25 basis points effective from May 9.

In a statement on Friday (May 5), the banking group said&nbsp;the increase is in line with the increase in the overnight policy rate by 25 basis points by Bank Negara Malaysia to 3% on Wednesday.

Similarly, all financing facilities based on the base lending rate and base financing rate will be increased by 0.25%.

<h1>CIMB to raise base rates by 0.25% from May 9</h1><p>KUALA LUMPUR (May 5): CIMB Bank Bhd and CIMB Islamic Bank Bhd will increase their respective standardised base rates, base rates and fixed deposit/fixed return income Account-i board rates&nbsp;by 25 basis points effective from May 9.</p><p>In a statement on Friday (May 5), the banking group said&nbsp;the increase is in line with the increase in the overnight policy rate by 25 basis points by Bank Negara Malaysia to 3% on Wednesday.</p><p>Similarly, all financing facilities based on the base lending rate and base financing rate will be increased by 0.25%.</p>

Banks / Credit unions

CIMB to raise base rates by 0.25% from May 9

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