AFFIN Bank Bhd and Affin Islamic Bank Bhd will reduce their base lending rate and base financing rate respectively by 40 basis points to 5.5 per cent from 5.9 per cent.
reduction will take effect from March 2, 2009, the banks said in a statement today, adding that this followed the downward revision of Bank Negara Malaysia's overnight policy rate (OPR) recently.
"The reduction will afford greater savings to Affin Bank and Affin Islami ccustomers through lower financing costs, therefore passing on the savings we achieved from the OPR reduction to and for the benefit of our customers," said managing director and chief executive officer Datuk Seri Abdul Hamidy Hafiz. - BERNAMA
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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