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Important Notice:

Important Notice on Standardised Base Rate (SBR) for New Retail Loan/Financing

 

29 July 2022

 

Dear Valued Customers,

 

In line with Bank Negara Malaysia (BNM) guideline, a new reference rate known as the Standardised Base Rate (SBR) will be used for new retail floating rate loans/financing facilities effective 1 August 2022. Our SBR will be 2.25%* and will replace Base Rate and Base Lending Rate (BLR)/Base Financing Rate (BFR) for the pricing of NEW retail loans/financing applications from 1 August 2022 onwards.

 

Existing retail loans/financing facilities pegged to BR and BLR/BFR will remain at 3.25% and 6.10%* respectively with exception on Overdraft facilities whereby the existing reference rate will be converted to SBR effective 1 August 2022.

 

For more information, log on to www.cimb.com.my. Alternatively, you may call us: for individual customers call +603 6204 7788, for Preferred clients call 1300 885 300 and for Corporate customers call 1300 888 828 or consult  our sales personnel at the branch.  CIMB branches are co-located at CIMB Bank branches nationwide.

 

Thank you for banking with us and we look forward to your continuous support.

 

The Management

 

CIMB Bank Berhad & CIMB Islamic Bank Berhad

 

*Note: Rates are subject to change from time to time.