KUALA LUMPUR: CIMB Bank Group will raise the base lending rate by 25 basis points for loans and deposits following Bank Negara's recent decision to increase the overnight policy rate by 25 basis points to 2.25%.
CIMB group chief executive Datuk Seri Nazir Razak said on Monday, March 8 details of the rise in BLR and deposit rates would be announced later this evening.
CIMB Bank also forecasts its loan growth at 12% this year, up one percentage point from 11% last year.
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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