Cimb Blr Rate 2019
Our bcof reflects the cost of funding for floating rate facilities financing and mainly comprises of customer deposits and other floating rate funding raised by the bank to fund these facilities financing.
Cimb blr rate 2019. For further details about this please visit our website. Cimb bank base rate blr historical data of the. Cimb group ceo tengku datuk seri zafrul aziz stated that the reduction will ease the burden of borrowers. From the record it shows that the highest blr malaysia ever has is 12 27 in year 1998 and the lowest blr is 5 55 in year 2009.
Cimb will be reducing both their base rate and fixed deposit rates by 25 basis points. 4 10 6 95 22 jul 2016 3 90 6 75 2 feb 2018 4 10 7 00 15 may 2019 4 00 6 85 29 jan 2020 3 75 6 60. The average is 8 1. Check out the list of rates charges specified by cimb sg for various services and offers.
29 may 2019 2 95. 6 95 2 jan 2015. The br is made up of two parts our benchmark cost of funds bcof and the statutory reserve requirements srr cost imposed by bank negara malaysia. What is the base rate br.
The opr was last changed on 3 march 2020. Similarly it said all financing facilities based on base lending rate blr and base financing rate bfr will be reduced by 0 25 per cent. Indicative effective lending rate refers to the indicative annual effective lending rate for a standard 30 year housing loan home financing product with financing amount of rm350k and has no lock in period. 29 may 2019 2 70.
Cimb bank base rate br is 2 75 and its blr bfr is 5 60 both effective from 13 july 2020. 29 may 2019 2 95. This translates to a reduction of 0 25 for their base lending rate blr and base financing rate bfr. Cimb bank updated on.
We strongly recommend that viewers to acquired latest base rate blr bfr information directly from. Hong leong bank updated on. 29 may 2019 2 75. Historically base lending rate blr has moved in tandem with the opr.
The new rates go into effect on 15 may 2019.