CIMB's asset
CIMB

@cimb.com

The CIMB brand embodies our commitment to creating value and to serving the needs of our different customers across the region.

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About

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CIMB Group Holdings Berhad, commonly known as CIMB, is a Malaysian universal bank headquartered in Kuala Lumpur. It was formed in 2003 through a merger of three local banks – Commerce International Merchant Bankers Berhad, Bank Bumiputra Malaysia Berhad, and Southern Bank Berhad. This merger created one of the largest banking groups in Southeast Asia.


CIMB offers a wide range of financial products and services, including retail banking, commercial banking, investment banking, asset management, and Islamic banking. Its retail banking services cater to individuals and small businesses, offering various personal and consumer banking products such as savings accounts, credit cards, loans, and wealth management solutions. Meanwhile, its commercial banking services extend to serving corporations, institutions, and business owners through offerings such as cash management, trade financing, and corporate advisory services.


Operating on a global scale, CIMB has a presence in several countries, including Malaysia, Indonesia, Singapore, Thailand, and Cambodia. It has established noteworthy subsidiaries and joint ventures, such as CIMB Niaga in Indonesia, CIMB Thai in Thailand, CIMB Bank Singapore, and CIMB Niaga Shariah in Malaysia. These entities enable CIMB to tap into the diverse markets of Southeast Asia and provide comprehensive financial solutions to customers in the region.


CIMB holds a strong market position, ranking among the top banks in Malaysia and Southeast Asia. It is notable for its extensive network and customer base across the region. However, its position in terms of global sales is relatively lower compared to international banking giants.


In recent years, CIMB has made significant strides in expanding its digital banking capabilities and enhancing customer experience. It has launched various digital platforms and services to meet evolving customer needs. CIMB's strategy has been to leverage technology to simplify banking processes, increase accessibility, and improve efficiency.


As of the latest available information, CIMB continues to thrive as a leading banking group in Malaysia and the region. While the COVID-19 pandemic has posed challenges, CIMB has adapted its operations and implemented relief measures to support customers during these uncertain times. The bank remains focused on its digital transformation and growth initiatives to further strengthen its position in the evolving financial landscape

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