hi any views regarding this investment product given that market view now is there will be multiple rate cuts in the coming 1-2 years meaning klibor shld drop too hence chances of hitting above the mark set will be slimmer and bank will be a loser if keep issuing this product? so does this mean bank is likely to call n stop the product ? unless usa inflation bak again n rate continue hike then buyer of such products will lose..thanks..
CIMB Islamic product -5 years, Good rate 5.5%
Jun 30 2024, 08:24 PM
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