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Ahmad Shahriman appointed CIMB Islamic Bank CEO

KUALA LUMPUR: CIMB Group has appointed Ahmad Shahriman Mohd Shariff as CEO of CIMB Islamic Bank Bhd and CEO of Group Islamic Banking effective Oct 1.

CIMB credit card system back online

PETALING JAYA: CIMB Bank Bhd and CIMB Islamic Bank Bhd said the technical issues affecting some of their systems, specifically online credit card transactions, have been rectified.

Takaful Ikhlas, CIMB Islamic target RM168m Takaful business from tie-up

KUALA LUMPUR: MNRB Holdings Bhd's unit Takaful Ikhlas General Bhd and CIMB Islamic Bank Bhd launched their bancatakaful partnership to provide general takaful products and solutions to CIMB Islamic’s customers across retail, SMEs and commercial segments.

Banks' lending activity remains robust

PETALING JAYA: Banks are not restricting lending activities amid concerns that lenders have been reluctant or stringent in their financing.

Families of 2017 tahfiz fire file lawsuit against centre operators, MAIWP

PETALING JAYA: The families of victims who died in the Darul Quran Ittifaqiyah tahfiz fire in 2017 have filed a lawsuit against two operators of the centre and the Federal Territory Islamic Religious Council (MAIWP), according to Malaysiakini.

CIMB to lower rates from May 15

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd will decrease their base rate, fixed deposit/fixed return income account-i board rates, base lending rate and base financing rate by 0.25% effective May 15, following Bank Negara recent decision to lower the Overnight Policy Rate (OPR) by 25 basis points.

CIMB lowers base rate by 0.25% after OPR cut

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd have reduced their base rate (BR), base lending rate (BLR) in response to Bank Negara Malaysia’s overnight policy rate (OPR) decrease of 25 basis points to 3% from 3.25%.