CIMB commits RM10bil to boost Johor Singapore Special Economic Zone

From left: Victor Lee Meng Teck, CEO, growth markets, CIMB Group; Novan Amirudin, group CEO; Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry, Malaysia; Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, Singapore; Datuk Onn Hafiz Ghazi, Menteri Besar of Johor; Gurdip Singh Sidhu, CEO, CIMB Bank; and Ahmad Shazli Kamarulzaman, co-CEO, group commercial and transaction banking, CIMB Group, at the CIMB showcase within the Johor-Singapore Special Economic Zone joint business and investment forum, in Johor Bahru

KUALA LUMPUR: CIMB Group Holdings Bhd (CIMB) has committed RM10 billion in funding facilities to drive economic integration and unlock cross-border opportunities in the Johor-Singapore Special Economic Zone (JS-SEZ).

In conjunction with the initiative, CIMB also introduced its ASEAN Financial Passport, a one-stop approach to empower businesses with a seamless cross-border banking experience, delivering end-to-end support, including local regulatory knowledge expertise across every stage of growth.