Seeking to deepen presence in SME market

CIMB Group co-chief executive officer (group commercial and transaction banking) Lawrence Loh.

CIMB Group is striving to deepen its presence in the small and medium enterprise (SME) space to capture the lucrative segment.

Its co-chief executive officer (group commercial and transaction banking) Lawrence Loh tells StarBizWeek judging from the fact that SMEs are the backbone of the Malaysian economy, with close to 40% contribution to the gross domestic product (GDP), this segment is a key focus for CIMB.