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BT EXCLUSIVE

CIMB eyes doubling Singapore SME banking share by 2021

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Mr Yong (right) says the bank hopes to help SMEs expand into the region by using it as a springboard. On digital banking licences in Singapore, Mr Chan (left) says CIMB will weigh its options.

Singapore

CIMB Bank is looking to power up its small- and medium-sized enterprise (SME) banking business in Singapore, with plans to double its market share from 3 per cent to 6 per cent by 2021.

The Malaysia-headquartered bank, which is relatively new in the SME space here with 10...

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