QUOTE(timo1003 @ Dec 5 2018, 11:29 AM)
Just raising the awareness, got this from a thread in /k.
FAQ BR. CIMB has raised their BR by 0.1%. Actually I wasn't surprised cause I was informed by a staff from CIMB last week as well about the proposed raise when i went to do the mailing address update..
But the 'problem' is the manner in which it was revised (or at least they'll say they're working on notifying their customers

). A pdf/link on your website is not proper notification

. Checked my cimbclicks and I also observed the 'quiet adjustment'. Plus the other reported negatives contained in this thread, just goes to show you how the bank operates.
When BNM allows BR implementation which is not tied to OPR, it offers greater flexibility to the banks.
Banks can increase or decrease BR according to the liquidity needs.
On top of that, how the banks make the communication is not subject to BNM regulation. They can put that in the Internet banking portal or etc.
Besides, CIMB is running a 4.45% to 4.5% p.a FD campaign.
Where to put this? Obviously from BR increase.