BNM allows banks to tap into capital buffers amid COVID-19

KUALA LUMPUR (March 25): Bank Negara Malaysia (BNM) announced today that it is allowing banking institutions to tap into their capital buffers, and to provide flexibility on several operating guidelines as the nation grapples with the impact of the COVID-19 outbreak.

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CIMB announces 25bps rate adjustments after OPR cut

KUALA LUMPUR (March 6): CIMB Bank Bhd and CIMB Islamic Bank Bhd are reducing their base rate and fixed deposit rate/fixed return income account-i board rates by 25 basis points, in line with the overnight policy rate cut announced by Bank Negara Malaysia on Tuesday.

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RHB adjusts rates following OPR cut

KUALA LUMPUR (March 4): RHB Banking Group is revising its base rate (BR) and base lending rate (BLR) downward by 25 basis points, in line with the reduction of the overnight policy rate as announced by Bank Negara Malaysia on Tuesday.

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