CIMB Malaysia

 

 

CIMB Group is the second largest financial services provider in Malaysia. It also has its branches in Singapore, Indonesia, Hong Kong, Thailand, the UK and the USA. The group owns a majority of shares in Bank CIMB Niaga in Indonesia. Bursa Malaysia, the country’s stock exchange, listed CIMB Group as the third largest company with a market capitalization of around RM36.6 billion (as of Sept 01, 2009).[br]

 

CIMB Malaysia: Banking Services

CIMB Group offers the following banking services:

 

Consumer Banking: CIMB Group offers retail banking services through its commercial banking arm CIMB Bank Berhad. It has 367 branches in Malaysia, offering a wide range of consumer banking services and products. CIMB Group offers consumer banking services in Singapore, Indonesia and Thailand.

Investment Banking: CIMB Investment Bank Berhad offers a wide array of products and services. CIMB Private Banking operates as a full-service private bank serving high-net worth individuals across Malaysia, Indonesia and Singapore.

Islamic Banking: CIMB Islamic Bank Berhad is the Islamic arm of CIMB Group. Its financial products and services are in compliance with Shariah. It serves customers in consumer banking, private banking, investment banking and asset management.

Asset Management: CIMB Group serves institutional and retail clients by offering solutions pertaining to fund management, portfolio management and unit trust funds. The group controls wholesale funds invested in private equity, strategic assets, structured investments, real estate and venture capital. CIMB-Principal Asset Management Berhad, CIMB-Mapletree Management Sdn Bhd, CIMB Private Equity and Venture Capital, CIMB Standard Strategic Asset Advisors Sdn Bhd and CIMB-Principal Islamic Asset Management Sdn Bhd control the asset management activities.[br]

Insurance: CIMB Aviva Takaful Berhad and CIMB Aviva Assurance Berhad offer an array of life insurance and takaful products and services. CIMB Group offers life insurance and takaful through its partnership with Aviva, the fifth largest insurance group in the world. The bank also offers Allianz’s non-life insurance products and services in collaboration with Allianz Malaysia.

CIMB Malaysia: Awards 

CIMB Group has the following awards to its credit:

 

• HR Community Award presented by the Asia HRD Congress 2009

• Best Islamic Bank awarded by the Asset Triple A Awards 2009

• Best Islamic Bank in Malaysia and Asia for 2009 given by Global Finance

• Best Sukuk Deal presented by Euromoney Islamic Finance Awards 2009