CIMB deepens push in Thailand, Indonesia


Novan Amirudin, Group Chief Executive Officer of CIMB Group. — Low Lay Phon/The Star

KUALA LUMPUR: CIMB Group Holdings Bhd continues to sharpen its focus in Thailand and Indonesia despite economic headwinds, concentrating on cross-border banking in Thailand and scaling up Islamic finance in Indonesia to tap into long-term growth.

Group chief executive officer (CEO) Novan Amirudin said while Thailand’s domestic growth remains challenging, cross-border activity is on the rise as Thai corporates expand abroad.

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CIMB , expansion , Thailand , Indonesia , finance

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