CIMB continues to look for opportunities in Philippines

KUALA LUMPUR: Since walking away from its plan to acquire a controlling stake in the Philippines’ Bank of Commerce from San Miguel Corp, CIMB will keep looking out for opportunities there, CIMB Group Holdings Bhd group chief executive Datuk Seri Nazir Razak said.

The brief was shared at the sidelines of the CIMB-Universiti Tunku Abdul Razak Leadership Series and Asean Hall launch – a collaboration that aims at sharing practical knowledge – where Nazir talked about CIMB’s growth from an investment bank into a leading Asean universal banking group.