CIMB’s separation scheme costs RM443mil


Job cuts in Malaysia and Indonesia will bring about savings of RM292mil a year

KUALA LUMPUR: Malaysia’s second largest lender by assets, CIMB Group Holdings Bhd, has completed a RM443.3mil Mutual Separation Scheme (MSS).

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RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Business , CIMB Group Holdings Bhd

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