I would bet that rates won't come down la as 3M KLIBOR keeps rising indicating funds are getting tight

3M KLIBOR continued its steady climb reaching 3.7% today, a strong indicator of tightening liquidity and good sign for FD rates imo.

3 month KLIBOR continues its rise from 3.7% on 1 December to 3.76% today indicating further liquidity tightening in the banking sector. Cost of funds has been going up. Will FD rates follow? Very slowly and reluctantly but some banks seem to be coming out of their protective shells

You mean board rate. This is the internal rate of the bank. Promo rate is a market rate as it the bank needs to offer a higher rate to attract deposits away from other competitor banks.

IMHO since majority of our people are living hand to mouth and have insufficient funds in epf, govt is just waiting for excuse to cut OPR. When rates were rising govt chose to manage liquidity through interbank rates instead of OPR

Person who posted false info must be high on something

But this is worse than the previous promo... smore can say this more effective!!!

I give up

MBB is the worst bank to place fpx fd from. Do so at your own risk and with CNY holidays coming get ready to see your funds missing for 2 weeks at least

What did UOB offer pls?

Brother I don't want to be a party pooper but you obviously have not heard of the MBB FPX pooper. When you trsf funds from other banks to put in MBB FPX FD high chance the funds will go missing and you hv to spend an anxious 5 business days hoping it will reappear in your remitting bank. Don't say I did not warn you!

Seeing the huge holes in our quasi govt agencies like Felda, LTAT you still expect the govt to increase OPR?

US thought it can increase interest rates at the pace that it did. All it needs to do is print $ to cover any losses that may occur. This option we cannot do

When I am logged in under my namnr you see transaction limit/FPX limit appears

Now you know the secret to PBB's profitability.

Get ready to lose 1 weeks' interest

What you are describing is the symptom caused by a virus - idiots in MBB

Only for dare-devils

mbb fpx issue is you transfer $ from your bank to MBB to open the FD but MBB s,,t system will not recognise the transaction so yr $ goes missing for 1 week. This issue has still not been resolved by the No 1 bank in Msia which makes me realise they are no 1 idiot bank in Msia

The most effective measure to fight this crime is to make banks 100% responsible for missing funds in FDs and current/savings accounts due to theft