OCBC Bank increases lending, and deposit interest rates
29 Jan 2018 / 15:41 H.
PETALING JAYA: OCBC Bank (Malaysia) Bhd and its subsidiary OCBC Al-Amin Bank Bhd will increase both lending, financing and fixed deposit rates by 0.25% effective Friday.
It is the third bank to do so, after Malayan Banking Bhd (Maybank) and CIMB Bank.
CIMB Bank increased both its lending and deposit rates by 0.25%, while Maybank said it would increase lending rates by 0.25% and deposit rates by between 0.20% and 0.25%.