KUALA LUMPUR: The second largest commercial bank in Malaysia, CIMB Bank, is eyeing 30% growth this year for both transactions done and turnover for its Bureau de Change (BdC) currency exchange business, driven by more collaborations and the opening of more BdC outlets.
“Last year, our BdC business recorded more than one million transactions and over RM1.5bil in turnover,” said CIMB Bank retail financial services deputy head Abdul Karim Md Lassim after the bank signed a memorandum of understanding (MoU) with the Malaysian Association of Tour and Travel Agents (MATTA) yesterday.