Rhb Fixed Deposit Rate 2020

Posted on by admin
06 May 2020 / 14:10 H.

Maybank: Earn up to 1.0% p.a. Flexible placement periods of up to 60 months available for other broad rates. RHB Banking Group, CIMB Bank and CIMB Islamic Bank Bhd (CIMB Islamic) also revised their BR and BLR downwards by 25 bps effective from July 13. This link is provided for your convenience only, and shall not be considered or construed as an endorsement or verification of such linked.

  1. Maybank: Earn up to 1.0% p.a. Flexible placement periods of up to 60 months available for other broad rates. RHB Banking Group, CIMB Bank and CIMB Islamic Bank Bhd (CIMB Islamic) also revised their BR and BLR downwards by 25 bps effective from July 13. This link is provided for your convenience only, and shall not be considered or construed as an endorsement or verification of such linked.
  2. We provide monthly updates on the best fixed deposit rates in Malaysia with tables showing the top 5 rates for the duration of 1, 3, 6, 9, and 12 months. Last update: 1 March 2021 Best Fixed Deposit Promos – March 2021.
  3. Promo: PB eFD via FPX Campaign Interest Rate: Up to 2.20% p.a. Minimum: RM5,000 Maximum: RM2,000,000 /eFD Account Tenure: 1/2/3 months Offer Period: 1 January 2021 to 30 April 2021.
  4. (a) deposit account payable outside Malaysia; (b) deposit account held by a financial institution conducting Labuan banking business or Labuan Islamic banking business; (c) deposit account held by a non-deposit taking member; or (d) non-deposit OCBC Bank. Investment Returns RM 180.00. There is currently no fixed deposit promotional rate for RHB Fixed Deposits. City Savings Bank Fixed Rate.

PETALING JAYA: Public Bank Bhd and Public Islamic Bank Bhd will reduce its base rate (BR) and base lending rate (BLR)/base financing rate by 0.50% effective May 12, 2020, in line with Bank Negara Malaysia’s (BNM) Overnight Policy Rate cut by 50 basis points (bps) to 2.00% yesterday.

At the same time, Public Bank’s fixed deposit rates will also be correspondingly adjusted by 0.50%, effective on the same date.

Fixed Deposit Rates In Usa

“The year-to-date cumulative reduction in BR of 100bps will assist in easing the borrowers’ burden and this is especially significant under the current challenging period brought about by the Covid-19 outbreak and the enforcement of the movement control order necessary to stem the outbreak,“ Public Bank managing director/CEO Tan Sri Tay Ah Lek said in a statement today.

He added that this coupled with the government’s fiscal stimulus and BNM’s financial relief measures will lend support to the economy enabling the gradual recovery in the economic activities.

Meanwhile, the RHB Banking Group has revised its BR and BLR downwards by 50bps effective May 13, 2020. RHB Bank Bhd, RHB Islamic Bank Bhd and RHB Investment Bank Bhd will reduce its BR from 3.25% to 2.75% per annum, and will also revise the BLR from 6.20% to 5.70% per annum.

In line with the revision, RHB Bank’s fixed deposit rates will also be revised downwards by 50bps effective May 13, 2020.

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04 Mar 2020 / 22:38 H.

PETALING JAYA: Public Bank will reduce its base rate (BR) and base lending rate (BLR) / base financing rate (BFR) by 0.25% effective March 6, in line with Bank Negara Malaysia’s Overnight Policy Rate (OPR) cut by 25 basis points from 2.75% to 2.5%.

Rhb Fixed Deposit Rate 2020

In a statement, it said fixed deposit rates will also be correspondingly adjusted by 0.25%, effective on the same date.

“Public Bank’s Base Rate reduction is timely to ease the borrowers’ burden and to spur the nation’s economic growth amidst the ongoing economic challenges brought about by the Covid-19 outbreak.

“Public Bank will continue to proactively manage its assets and liabilities to ensure interest rates are priced responsibly at all times for the benefit of its customers,” it noted.

In a separate statement, RHB Banking Group said it will be revising its BR and BLR downwards by 25 basis points, to 3.25% and 6.2% respectively, effective March 9.

Rhb fixed deposit rate 2020 november

The bank’s fixed deposit rates will also be revised downwards by 25 basis points on the same date.

Rates

OCBC Bank (Malaysia) Bhd and its subsidiary, OCBC Al-Amin Bank Bhd will also decrease their BR, BLR and BFR by 0.25% effective March 9.

Rhb Fixed Deposit Rate 2020 December

“Similarly, all conventional fixed deposit and Islamic time deposit board rates will decrease by 0.25% on the same day. With the above, OCBC Malaysia’s BR decreases from 3.58% to 3.33%, and its BLR/BFR from 6.51% to 6.26%.”

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