AFFIN Bank : Raises Its Reference Rates By 25 Basis Points

media release
FOR IMMEDIATE RELEASE	3 MAY 2023

AFFIN RAISES ITS REFERENCE RATES BY 25 BASIS POINTS

KUALA LUMPUR: Following Bank Negara Malaysia's announcement (3 May 2023) on the increase in Overnight Policy Rate (OPR) from 2.75% to 3.00%, Affin Bank Berhad, Affin Islamic Bank Berhad and Affin Hwang Investment Bank will revise their loan/financing reference rates upward by 25 basis points (0.25%) effective 8 May 2023.

In line with the revision, Affin Bank Fixed Deposit and Affin Islamic Bank Term Deposit-i Board Rates will also be adjusted upwards, effective 8 May 2023.

For more information, please contact our Contact Centre at 03-8230 2222, visit your nearest AFFIN BANK/ AFFIN ISLAMIC branch, or log on to www.affinalways.com.

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About AFFIN Group

AFFIN Group provides a suite of financial products and services that is catered to both retail and corporate customers. The target business segments are categorized under key business units such as Community Banking, Enterprise Banking, Corporate Banking, Treasury, Investment Banking and Securities.

Consisting of Affin Bank Berhad as the financial holding company of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life Insurance Berhad; with AXA AFFIN General Insurance Berhad is an associate company of Affin Bank Berhad. For more information, please visit https://www.affingroup.com

For more information, please contact:
Amirah Aliah Azlan	Sharifah Syahirah Syed Azlan
Assistant Manager, Strategic Communications	Assistant Manager, Strategic Communications
Contact Number: [phone]	Contact Number: [phone]
E-mail: [e-mail]	E-mail: [e-mail]