Knowledge (XXG)

CIMB

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markets, and group strategy and strategic investments. Products and services are complemented with partnerships with various companies including the Principal Financial Group, Bank of Tokyo-Mitsubishi UFJ, Daewoo Securities, Sun Life Assurance, Allianz Insurance, Thai Life Insurance, Sri Ayudhya General Insurance, Kotak Mahindra Group, Mapletree Investments, and TrustCapital Advisors. Outside ASEAN, CIMB Group has representation in China (mainland and Hong Kong), the United States, Bahrain, the United Kingdom, India and Sri Lanka.
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of 2011. It had a market capitalisation of about THB47.0 billion at the end of 2011, with shareholders' funds of THB13.32 billion and total assets of THB168.02 billion. CIMB Thai offers a range of financial products and services to customers, both corporate and retail. At the end of 2011, CIMB Thai had 157 branches, 2.2 million customers, 533 ATMs and over 4,000 staff. CIMB Group Holdings Berhad has a 93.15% stake in CIMB Thai since 2009.
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in January 2006. The new CIMB Group was known as a universal bank. It made a transition to a full-service banking provider serving corporates to individuals. Then in March, CIMB Group acquired SBB after extensive negotiations. After the acquisition, on 7 September 2006, CIMB Group was launched by the then Prime Minister of Malaysia, Dato' Seri
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products and services offered by CIMB Investment Bank cover corporate advisory, corporate finance, equity markets, debt markets, research, private equity, real estate investment management, fund management, wealth management and private banking services. CIMB has remittance tie ups with BDO Universal
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Investment Banking comprises Corporate Client Solutions, which covers the bank's institutional and corporate clients and Sector Specialists in real estate and agribusiness; the Advisory business unit which consists of Corporate Finance and Project Advisory; the Group Equities business unit comprising
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In 2005, CAHB announced a decision to create a universal bank by combining its commercial and investment banks. Following this announcement, Bumiputra-Commerce Group was acquired by CIMB. As part of the exercise, CAHB was renamed Bumiputra-Commerce Holdings and it completed its restructuring exercise
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Bank of Commerce acquired UAB in 1991, in which consequently increased Bank of Commerce's branch network almost fourfold. The listed holding company was then renamed Commerce-Asset Holdings Berhad (CAHB). BBMB merged with CAHB to form the Bumiputra-Commerce Bank in 1999. SBB acquired Ban Hin Lee Bank
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in 1974. It was managed by Baring Brothers and provided corporate advisory and funding services to multinationals. It was renamed Commerce International Merchant Bankers Berhad (CIMB) in 1986 as a result of BCB replacing Bank Pertanian as the controlling shareholder of PBS. Corporate finance remained
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CIMB Bank was founded in Vietnam in 2009. The bank's total assets grew from VND3.203 trillion in 2016 to VND41.382 trillion in 2022. In 2021, CIMB Bank Vietnam was awarded three top digital bank awards in Vietnam, including: Fastest Growing Digital Bank Vietnam 2021 by Global Banking & Finance
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Established 1949 as The Union Bank of Bangkok and later changed name as BankThai (since 1998), CIMB Thai is the group's consumer banking arm in Thailand. It was the 10th largest listed commercial bank in Thailand in terms of assets and the seventh largest in terms of market capitalisation at the end
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It has been listed on the Indonesia Stock Exchange since 1989 and had a market capitalisation of about Rp30,660.6 billion at the end of 2011 with shareholders' funds of Rp18.3 trillion and total assets of Rp166.8 trillion. CIMB Niaga offers a comprehensive range of conventional and Shariah compliant
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In 2007, CIMB Group launched its presence in both Thailand and USA through the establishment of CIMB-GK Securities (Thailand) Ltd. and CIMB-GK Securities (USA) Inc. In November, CIMB Foundation launched as a not-for-profit organisation that will carry out the group's corporate social responsibility.
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The group is a regional universal bank with ASEAN as its core market. The group is headquartered in Kuala Lumpur, Malaysia. It has 1,080 branches across eight out of the 10 ASEAN nations. Its wholesale division encompasses its indigenous investment bank in ASEAN plus corporate banking, treasury and
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Corporate Banking, Treasury and Markets is responsible for corporate banking; transaction banking; the group's markets, sales and trading businesses in interest rates, credit, foreign exchange, commodities, equities and their derivatives; debt capital markets; fixed income investments; and treasury
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In 2009, CIMB Bank and CIMB Islamic moved to a new headquarters, the 39-storey Menara Bumiputra-Commerce which houses CIMB Group's consumer banking franchises. The building site was the location of the bank's predecessors, Bank Bumiputra and the United Asian Bank. In the same year, CIMB Thai was
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to create the sixth-largest bank in Indonesia. CIMB Group and the Principal Financial Group launched CIMB-Principal Islamic Asset Management also in that year. Lastly, CIMB Group entered into an agreement with Financial Institutions Development Fund to purchase a 42.13% stake in Bank Thai Public
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CIMB Bank's Authorized Agent Banks (AAB's) directly cover Malaysia and Singapore. BDO Universal Bank Inc. directly covers the Philippines and is an (AAB) Authorized Agent Bank for International Treaty Tax Collection. Malaysia is the largest market for CIMB Bank and there were 294 branches, 7.8
524:. The Government of India had nationalised the largest banks in India, including these three, and Malaysian law prohibited the operation in Malaysia of branches of government-owned foreign banks. UAB's primary purpose was to encourage enterprise among less prosperous sections of the country. 771:
CIMB Group Holdings Berhad has been listed on the Main Market of Bursa Malaysia since 1987 with a market capitalisation of RM38.7 billion. Total assets at the end of 2015 were RM461.6 billion, with total shareholders’ funds of RM41.1 billion and total Islamic assets of RM70.7 billion.
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participation in the national economy, the bank grew to be one of the largest, with branches throughout the country. By 1980 it had become the largest bank in the country in terms of assets and was the first domestic bank to have operations in New York, London, Tokyo, Bahrain and Hong
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and Corporate Banking, Treasury & Markets, and Group Strategy & Strategic Investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic operates in parallel with these businesses, in line with the group's dual banking model.
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by Yeap Chor Ee. Its original focus was serving local businessmen in their trading and merchant activities. In the 1960s it branched out into real estate and home financing and by 1990 it had become a modern financial institution. It was then listed on the
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products and services. At the end of 2011, it had 901 branches, 4.2 million customers, 1,749 ATMs, and nearly 14,000 staff. CIMB Group Holdings Berhad had a 97.93% stake in CIMB Niaga, including 1.02% of PT Commerce Kapital, at the end of 2011.
1783: 1136: 1095: 838:, consumer banking, asset management, takaful, private banking and wealth management. CIMB Islamic products and operations are managed in strict compliance with Shariah principles under the guidance of the CIMB Islamic Shariah Committee. 677:
Equity Capital Markets (ECM), Institutional Sales, Research, Retail Equities, Futures Broking and Securities Services; and the Group Asset Management business unit which is the bank's retail and institutional fund management arm.
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849.4 million). CIMB claimed to become the largest investment banking franchise based in Asia Pacific (ex-Japan). CIMB ranked at 10 for the world's largest Islamic banks in 2020, moving up two spots from the previous year.
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CIMB Bank in Singapore had two branches, 277,000 customers, six ATMs and over 1,300 staff at the end of 2011. CIMB Bank in Cambodia had seven branches, 3,100 customers, 10 ATMs and over 90 staff at the end of 2011.
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CIMB Islamic is CIMB Group's global Islamic banking and finance franchise. It offers the full complement of Shariah-compliant financial solutions, operating in parallel with the group's universal banking franchise.
493:(SBB): founded as Southern Banking Ltd in 1965, starting out in Penang and expanded to Kuala Lumpur. Its products included wealth-management products, credit cards and loans for small and medium enterprises (SME). 642:
CIMB Group has full-fledged consumer banking services across its main operating markets in Malaysia, Indonesia, Singapore, Thailand, Cambodia and Philippines. The divisions which comprise Consumer Banking are:
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Group Strategy and Strategic Investments consists of Group Strategy, Private Equity and Strategic Investments. The division is responsible for undertaking the bank's initiatives in important regional markets.
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CIMB Bank Philippines was established in December 2018 and officially launched in 2019, using a mobile app called OCTO as a platform through which users can open accounts and manage transactions.
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Established in 1955 as Bank Niaga, CIMB Niaga is the group's consumer banking arm in Indonesia and as at end 2011, it was the fifth largest bank in terms of assets and the third largest mortgage provider.
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The group has around 33,000 employees in 18 countries, covering ASEAN and major global financial centres, as well as countries in which its customers have significant business and investment dealings.
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arm of CIMB Group with offices in Malaysia, Singapore, Indonesia, China (Hong Kong and Shanghai), Thailand, Australia, Korea, India, the United Kingdom, the United States, Sri Lanka, and Myanmar. The
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The group has full-fledged consumer banking services across its four main operating markets of Malaysia, Indonesia, Singapore and Thailand, plus a growing presence in Cambodia and the Philippines.
2039: 559:. A year later, it acquired 70% of Commerce Trust Berhad (CTB) and Commerce Asset Fund Managers Berhad (CAFM), leading to the formation of CIMB-Principal, a joint venture with the 962: 582:
2008: CIMB Group entered into an agreement for a 19.99% stake in Bank of Yingkou adding mainland China to the Group's network. In the same year CIMB Group undertook the merger of
563:. Then in 2005, CIMB acquired Singapore based G.K. Goh, which was established in 1979 as an international stock broker. This led to the formation of CIMB-GK, CIMB's international 1819: 2029: 1040: 1804: 1994: 1002: 1812: 548:
Berhad and two smaller finance companies, Perdana Finance Berhad and Cempaka Finance Berhad in 2000 as part of a government initiated banking consolidation plan.
77: 1066: 1555: 371:, CIMB Securities International and CIMB Thai. The group's business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising 2004: 1989: 1238: 903: 2024: 1999: 512:(UAB), established in Kuala Lumpur in 1972. UAB created out of the merger of the Malaysian operations and branches of three Indian-owned banks: 1769: 606:
through the fully owned subsidiary CIMB Bank Plc in 2010. The first branch, which also serves as the headquarters, was officially launched in
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Review, Most Innovative Digital Bank Vietnam 2021 by International Finance, and Best Digital Bank of Vietnam 2021 by RBI Asia Trailblazers.
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The group's geographical reach and its products and services are complemented by partnerships. Its partners include the
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Group Cards and Personal Financing which is responsible for credit cards businesses and personal loans portfolio
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represents its consumer bank and corporate banking franchise in Malaysia, Singapore, Cambodia and Philippines.
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officially launched with its new brand and logo unveiled to the public in May 2009 by Khun Korn Chatikavanji,
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is its Islamic banking franchise, incorporating products and services in compliance with Shariah principles.
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Consumer Sales and Distribution which oversees the sales network including branches and mobile sales teams
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The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic,
20: 1263: 448:. Its primary activities were business financing and the issuance of bills of exchange. It was renamed 349: 1918: 513: 1194: 599:. In September, CIMB Group set up retail banking services in Singapore through CIMB Bank Singapore. 940: 1943: 835: 818: 814: 718: 670: 611: 564: 372: 159: 94: 1169: 433:
The bank was formed from the merging of various banks that had existed throughout the decades:
1913: 623: 531: 395: 278: 69: 445: 247: 167: 112: 1958: 1888: 343: 163: 155: 1893: 1317: 1304: 651: 331: 320: 294: 273: 151: 1978: 1883: 1475:"Nhiều doanh nghiệp Việt Nam được vinh danh là Nơi làm việc tốt nhất Châu Á năm 2022" 1421: 1395: 501:(BBMB), incorporated in 1965. Set up in line with government initiatives to increase 391: 63: 830:
CIMB Islamic is the global Islamic banking and finance arm of CIMB Group. It offers
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in 2003. In the same year, CIMB Islamic was launched providing customers with
539: 368: 290: 285: 213: 33: 1963: 1938: 1898: 1502:"Lễ vinh danh các ngân hàng thành viên tiêu biểu năm 2021 | Báo Công Thương" 1343: 502: 171: 1928: 1948: 1933: 1837: 1370:"Ngân hàng CIMB Bank Berhad 100% vốn Malaysia được cấp phép vào Việt Nam" 1027: 793:
million customers, 2,199 ATMs, and over 20,000 staff at the end of 2011.
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CIMB's main focus and stock broking was added to its range of services.
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Commercial Banking which is responsible for SME and mid-size companies
1868: 1863: 1556:"CIMB thắng lớn 3 giải thưởng quốc tế với chiến lược bắt tay Fintech" 963:"CIMB's Nazir Receives Outstanding Contribution Award From Euromoney" 733:
represents its consumer and corporate banking franchise in Indonesia.
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represents its consumer and corporate banking franchise in Thailand.
1300:"Company Announcements - Annual Report CIMB Group Holdings Berhad" 1131: 1129: 1127: 845: 757: 348: 339: 230: 1713: 1195:"CIMB Bank celebrates launch of first branch at Starhill Gallery" 822:
Bank in the Philippines for secure cross border money transfers.
1740:"Ngân hàng CIMB lập "cú đúp" giải thưởng tại HR Asia Award 2023" 1808: 1449:"Thêm một ngân hàng 100% vốn nước ngoài thành lập tại Việt Nam" 650:
Retail Financial Services which is responsible for most of the
1396:"Ngân hàng CIMB Việt Nam tăng vốn điều lệ lên 3.698,2 tỷ đồng" 619: 1529:"NAPAS vinh danh các ngân hàng thành viên tiêu biểu năm 2021" 610:
on 19 November 2010. In 2012, CIMB Group purchased the Asian
1635:"Ngân hàng CIMB nhận giải thưởng đổi mới sáng tạo năm 2023" 997: 995: 1422:"Ngân hàng Malaysia mở rộng quy mô hoạt động tại Việt Nam" 721:
services, asset management and private banking franchise.
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The wholesale banking business comprises two divisions:
1688:"CIMB releases credit card using video eKYC technology" 1344:"Chấp thuận thành lập Ngân hàng TNHH MTV CIMB Việt Nam" 117:
Yeap Chor Ee (as Ban Hin Lee Bank, established in 1935)
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RM602.354 billion (Fiscal Year Ended 31 December 2020)
1609:"Chiến lược nâng cao trải nghiệm khách hàng của CIMB" 258:
RM55.925 Billion (Fiscal Year Ended 31 December 2020)
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RM17.189 billion (Fiscal Year Ended 31 December 2020)
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RM1.194 billion (Fiscal Year Ended 31 December 2020)
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RM8.212 Billion (Fiscal Year Ended 31 December 2020)
1582:"CIMB Việt Nam chinh phục giải thưởng ngân hàng số" 1506:
Báo Công Thương điện tử, kinh tế, chính trị, xã hội
1170:"CIMB Bank Singapore Branches » BanksinSG.COM" 300: 284: 272: 262: 245: 228: 211: 194: 181: 147: 135: 121: 108: 100: 90: 76: 61: 50: 40: 305: 2040:Multinational companies headquartered in Malaysia 936:"Cover Story 1: TNG Group's digital banking play" 538:, Multinational Bank of the United Kingdom, and 1137:"Bursa Malaysia, CIMB Group 2011 Annual Report" 673:and Corporate Banking, Treasury & Markets. 618:, including the RBS franchise in Australia for 1770:TOPIX New Index Series (As of 30 October 2009) 1447:thoibaokinhdoanh.vn, Theo (5 September 2016). 1318:"Multi-Awarded Bank | About Us | CIMB Bank PH" 1820: 898: 896: 894: 892: 890: 8: 26: 1030:CIMB Group. URL assessed on 7 November 2014 711:represents its universal banking franchise. 528:Pertanian Baring Sanwa Multinational Berhad 353:CIMB Bank Jalan Bendahara branch premises, 1827: 1813: 1805: 338:and operating in high growth economies in 115:(as Bian Chiang Bank, established in 1924) 32: 25: 762:Former group headquarters in Kuala Lumpur 551:CIMB was listed on the main board of the 1527:Hàng, Thời Báo Ngân (18 December 2021). 1100:, "Razak stakes CIMB's future on ASEAN"" 1090: 1088: 685:Group Strategy and Strategic Investments 456:-owned Fleet Holdings, which was led by 2030:Malaysian companies established in 2006 886: 143:Novan Amirudin, Chief Executive Officer 1995:Government-owned companies of Malaysia 681:and funding operations for the group. 654:as well as enterprise banking products 1500:Thương, Báo Công (17 December 2021). 832:Shariah-compliant financial solutions 7: 561:Principal Group of the United States 452:(BCB) following its purchase by the 342:. CIMB Group is an indigenous ASEAN 1342:baochinhphu.vn (5 September 2016). 1307:. URL assessed on 8 September 2016. 2005:Companies listed on Bursa Malaysia 1990:Conglomerate companies of Malaysia 1168:Banks, Singapore (2 August 2023). 45:Bumiputra-Commerce Holdings Berhad 14: 1641:(in Vietnamese). 8 September 2023 1376:(in Vietnamese). 3 September 2016 1836: 1791: 1588:(in Vietnamese). 29 October 2021 923:. CIMB Group. 30 September 2017. 460:Junus Sudin (then part-owner of 254: 253: 237: 236: 220: 219: 203: 202: 186: 185: 2025:2006 establishments in Malaysia 2000:Companies based in Kuala Lumpur 1784:announcements.bursamalaysia.com 1746:(in Vietnamese). 5 October 2023 1481:(in Vietnamese). 15 August 2022 909:. CIMB Group. 31 December 2021. 904:"CIMB Group 2020 Annual Report" 1374:Báo Pháp luật Việt Nam điện tử 1227:. Fairfax Media. 2 March 2012. 597:Thailand's Minister of Finance 498:Bank Bumiputra Malaysia Berhad 1: 1660:VCCorp.vn (29 October 2021). 1428:(in Vietnamese). 25 July 2022 1402:(in Vietnamese). 23 July 2021 988:CIMB Group 2012 Annual Report 934:Lee, Esther (20 April 2022). 2015:Investment banks in Malaysia 1554:Trí, Dân (1 November 2021). 1264:"The Largest Banks Rankings" 1221:"Local RBS set to keep jobs" 813:CIMB Investment Bank is the 478:(BHLB), established 1935 in 388:Bank of Tokyo-Mitsubishi UFJ 1003:"CIMB Group Annual Reports" 557:Syariah compliant solutions 553:Kuala Lumpur Stock Exchange 485:Kuala Lumpur Stock Exchange 141:Mohd Nasir Ahmad, Chairman 2061: 1067:"CIMB Group Annual Report" 767:CIMB Group Holdings Berhad 317:CIMB Group Holdings Berhad 27:CIMB Group Holdings Berhad 18: 2020:Banks established in 2006 1859: 1850: 1712:Quoc, Bao (14 May 2022). 440:, established in 1924 in 384:Principal Financial Group 31: 1844:FTSE Bursa Malaysia KLCI 510:United Asian Bank Berhad 16:Malaysian Universal Bank 1773:, Tokyo Stock Exchange. 1028:CIMB Group - Who we are 602:CIMB Group expanded to 530:(PBS); incorporated by 450:Bank of Commerce Berhad 409:is an abbreviation for 1853:As of 23 December 2019 1744:Báo điện tử Tiền Phong 1718:Báo điện tử Tiền Phong 1714:"Prepaid gift balance" 1479:Báo điện tử Tiền Phong 851: 763: 702: 616:Royal Bank of Scotland 522:United Commercial Bank 362: 56:state-owned enterprise 1426:Tin nhanh chứng khoán 1400:Tin nhanh chứng khoán 849: 761: 573:Abdullah Ahmad Badawi 352: 21:CIMB (disambiguation) 1842:Constituents of the 1041:"CIMB Group Profile" 921:"Investor Relations" 809:CIMB Investment Bank 514:Indian Overseas Bank 491:Southern Bank Berhad 19:For other uses, see 1985:CIMB Group Holdings 1560:Báo điện tử Dân Trí 1322:www.cimbbank.com.ph 703:CIMB Group's Brands 540:Sanwa Bank of Japan 264:Number of employees 28: 1533:Thời Báo Ngân Hàng 1201:. 7 September 2006 852: 836:investment banking 819:investment banking 815:investment banking 764: 719:investment banking 671:Investment Banking 612:investment banking 565:investment banking 487:on 7 January 1991. 373:Investment Banking 363: 160:Investment Banking 95:Financial services 2035:Khazanah Nasional 2010:Banks of Malaysia 1972: 1971: 1914:Malaysia Airports 1453:Tạp chí Tài chính 1288:CIMB Group Brands 1047:on 22 August 2012 969:on 12 August 2014 752:Corporate profile 665:Wholesale banking 588:PT Bank Lippo Tbk 584:PT Bank Niaga TBK 396:Daewoo Securities 334:headquartered in 314: 313: 279:Khazanah Nasional 156:Corporate Banking 2052: 2045:Malaysian brands 1841: 1840: 1829: 1822: 1815: 1806: 1801: 1796: 1795: 1794: 1756: 1755: 1753: 1751: 1736: 1730: 1729: 1727: 1725: 1709: 1703: 1702: 1700: 1698: 1684: 1678: 1677: 1675: 1673: 1657: 1651: 1650: 1648: 1646: 1631: 1625: 1624: 1622: 1620: 1604: 1598: 1597: 1595: 1593: 1578: 1572: 1571: 1569: 1567: 1551: 1545: 1544: 1542: 1540: 1524: 1518: 1517: 1515: 1513: 1497: 1491: 1490: 1488: 1486: 1471: 1465: 1464: 1462: 1460: 1444: 1438: 1437: 1435: 1433: 1418: 1412: 1411: 1409: 1407: 1392: 1386: 1385: 1383: 1381: 1366: 1360: 1359: 1357: 1355: 1339: 1333: 1332: 1330: 1328: 1314: 1308: 1303: 1296: 1290: 1285: 1279: 1278: 1276: 1274: 1268:The Asian Banker 1260: 1254: 1253: 1251: 1249: 1235: 1229: 1228: 1217: 1211: 1210: 1208: 1206: 1191: 1185: 1184: 1182: 1180: 1165: 1159: 1158: 1156: 1154: 1148: 1142:. 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Archived from 959: 953: 952: 950: 948: 931: 925: 924: 917: 911: 910: 908: 900: 638:Consumer banking 476:Ban Hin Lee Bank 446:Wee Kheng Chiang 438:Bian Chiang Bank 398:, among others. 310: 307: 257: 256: 250: 240: 239: 233: 223: 222: 206: 205: 197:Operating income 189: 188: 168:Asset Management 152:Consumer Banking 113:Wee Kheng Chiang 86: 54:Publicly traded 36: 29: 2060: 2059: 2055: 2054: 2053: 2051: 2050: 2049: 1975: 1974: 1973: 1968: 1959:Tenaga Nasional 1889:Hong Leong Bank 1855: 1846: 1835: 1833: 1797: 1792: 1790: 1780: 1765: 1760: 1759: 1749: 1747: 1738: 1737: 1733: 1723: 1721: 1720:(in Vietnamese) 1711: 1710: 1706: 1696: 1694: 1686: 1685: 1681: 1671: 1669: 1668:(in Vietnamese) 1659: 1658: 1654: 1644: 1642: 1639:TUOI TRE ONLINE 1633: 1632: 1628: 1618: 1616: 1615:(in Vietnamese) 1606: 1605: 1601: 1591: 1589: 1586:TUOI TRE ONLINE 1580: 1579: 1575: 1565: 1563: 1562:(in Vietnamese) 1553: 1552: 1548: 1538: 1536: 1535:(in Vietnamese) 1526: 1525: 1521: 1511: 1509: 1508:(in Vietnamese) 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Index

CIMB (disambiguation)

Bumiputra-Commerce Holdings Berhad
state-owned enterprise
Traded as
RM
ISIN
MYL1023OO000
Financial services
Wee Kheng Chiang
Kuala Lumpur
Malaysia
Consumer Banking
Corporate Banking
Investment Banking
Islamic Banking
Asset Management
Insurance
Takaful
Operating income
Net income
Total assets
Total equity
Parent
Khazanah Nasional
Subsidiaries
CIMB Niaga
Touch 'n Go
cimb.com
MYX

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