CIMB to open branch in Penang


  • Business
  • Thursday, 13 May 2004

CIMB Bhd plans to expand its private client business beyond the Klang Valley by setting up its first branch in Penang. 

“We currently have about 25 financial advisers, all based in the Klang Valley servicing our clients. We will be opening our first branch some time in June or July in Penang,” group chief executive, Datuk Nazir Razak told reporters after the company's EGM in Kuala Lumpur yesterday. 

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