CIMB

For other uses, see CIMB (disambiguation).
CIMB Group Holdings Berhad
FormerlyBumiputra-Commerce Holdings Berhad
Company typePublicly traded state-owned enterprise
RM1023
ISINMYL1023OO000
IndustryFinancial services
FoundedJanuary 2006
FoundersWee Kheng Chiang (as Bian Chiang Bank, established in 1924)
Yeap Chor Ee (as Ban Hin Lee Bank, established in 1935)
HeadquartersKuala Lumpur, Malaysia
Key people
Mohd Nasir Ahmad, Chairman
Novan Amirudin, Chief Executive Officer
ProductsConsumer Banking
Corporate Banking
Investment Banking
Islamic Banking
Asset Management
Insurance & Takaful
RevenueDecrease RM17.189 billion (Fiscal Year Ended 31 December 2020)[1]
Increase RM8.212 Billion (Fiscal Year Ended 31 December 2020)[1]
Decrease RM1.194 billion (Fiscal Year Ended 31 December 2020)[1]
Total assetsIncrease RM602.354 billion (Fiscal Year Ended 31 December 2020)[1]
Total equityDecrease RM55.925 Billion (Fiscal Year Ended 31 December 2020)[1]
Number of employees
38,000[2]
ParentKhazanah Nasional
SubsidiariesCIMB Niaga
Touch 'n Go[3]
Websitecimb.com

CIMB Group Holdings Berhad (MYX: 1023) is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region.[4]

CIMB Bank Jalan Bendahara branch premises, Malacca City, Malacca.

The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group's business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising Investment Banking 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.[5][6]

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.[7]

The group's geographical reach and its products and services are complemented by partnerships. Its partners include the Principal Financial Group, Bank of Tokyo-Mitsubishi UFJ, Standard Bank and Daewoo Securities, among others.[8][9]

  1. ^ a b c d e "CIMB Group 2020 Annual Report" (PDF). CIMB Group. 31 December 2021.
  2. ^ "Investor Relations". CIMB Group. 30 September 2017.
  3. ^ Lee, Esther (20 April 2022). "Cover Story 1: TNG Group's digital banking play". The Edge. Retrieved 17 November 2022.
  4. ^ "CIMB's Nazir Receives Outstanding Contribution Award From Euromoney". Archived from the original on 12 August 2014. Retrieved 21 July 2012.
  5. ^ CIMB Group 2012 Annual Report
  6. ^ "CIMB Group Annual Reports". Archived from the original on 26 March 2014. Retrieved 19 September 2011.
  7. ^ CIMB Group - Who we are CIMB Group. URL assessed on 7 November 2014
  8. ^ "CIMB Group Profile". Archived from the original on 22 August 2012. Retrieved 19 September 2011.
  9. ^ "CIMB Group Annual Report". Archived from the original on 2 May 2021. Retrieved 22 July 2012.