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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
CIMB , expansion , Thailand , Indonesia , finance

Next In Business News

Capital A completes disposal of AirAsia aviation units
Bursa Malaysia grants Pimpinan Ehsan until June 30 to submit regularisation plan
Vestland secures RM602mil construction contracts
Kenanga Investment revises 2026 GDP growth forecast to 4.5%
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor

Others Also Read