The Business Times

CIMB Group

Banking & Finance

Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO

Victor Lee, the chief executive officer of CIMB Singapore, was appointed to lead the branch in 2020.
Companies & Markets

CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub

TNG Digital is 45%-owned by Touch ‘n Go Sdn, a CIMB Group unit.
ASEAN Business

TNG Digital becomes unicorn in Malaysia, mulls IPO, CIMB says

“Tariffs are one factor that would impact a company’s or bank’s financials, but it’s how we then choose to play with the different levers to offset that situation that is the important part,” said Nozan Amirudin, group chief executive of CIMB.
ASEAN Business

Instead of being a universal bank across Asean, CIMB wants to have a niche in each market, says group CEO

The cost divergence between Singapore and Malaysia has become a lot bigger, especially after the Covid-19 pandemic, said Chu Kok Wei, CEO of group wholesale banking at CIMB.
Companies & Markets

Timing of JS-SEZ a lot more promising than some previous attempts: CIMB

CIMB operates 592 retail branches and employs more than 33,000 staff across 10 markets as at end-2024.
ASEAN Business

CIMB set to appoint former Securities Commission chief Syed Zaid as chairman: sources

CIMB has 592 retail branches across 10 countries, serving around 28 million customers.
ASEAN Business

Malaysia’s CIMB tilts towards Singapore and Indonesia as regional bets deliver stronger returns

Singapore and Malaysia-based banks, including DBS Group Holdings, Oversea-Chinese Banking Corp, Malayan Banking and CIMB Group Holdings, say they remain committed to the Net-Zero Banking Alliance (NZBA).
Banking & Finance

Asia banks stick with net-zero group that Wall Street abandoned

FILE PHOTO: A general view of the Central Bank of Malaysia (Bank Negara Malaysia) at Kuala Lumpur, Malaysia May 12, 2023. REUTERS/Hasnoor Hussain/File Photo
Banking & Finance

Malaysia central bank imposes penalties on 4 banks over service disruptions

Logistics assistant Irman Suratnor found two of his savings accounts had zero balances when he checked his bank app at around 12.30pm on Jun 29.
Banking & Finance

CIMB customers discover zero, negative account balances; bank says core systems not compromised

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