KUALA LUMPUR: CIMB Islamic, the syariah-compliant unit of Malaysia’s second-biggest lender, said it will pursue a larger balance sheet to help win more business, regardless of whether a proposed merger with two smaller peers happens.
In July, CIMB Group Holdings Bhd
, RHB Capital Bhd and Malaysia Building Society Bhd secured regulatory approval to begin merger talks, with plans calling for the creation of a separate Islamic bank.
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