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Revision Of Minimum Rate For Property Loans
Posted: 17 April 2020

Revision of Minimum Rate for 1-month SIBOR, 3-month SIBOR & 3-month SOR for Property Loans.

With effect from 18 May 2020, we will be revising the Minimum Rate for the applicable 1-month and 3-month Singapore Interbank Offered Rate (“SIBOR”), and 3-month Swap Offer Rate (“SOR”) to 0.90%* for your Property Loan(s). Should the SIBOR & SOR falls below that, the rates will remain at 0.90%*.

Please refer to the FAQ for more information.


* The change of rates is governed by Clause 5 of the Terms and Conditions Governing Banking Facilities Granted by CIMB Bank Berhad (Singapore Branch) Secured by a Mortgage of Property. For details, please click here.


https://www.cimbbank.com.sg/en/p ... property-loans.html