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Business

CIMB ironing out merger plan for Indonesian banks

CIMB group, which is currently conducting a feasibility study on Khazanah Nasional Bhd's proposed merger of its Indonesian banks, PT Bank Niaga and Lippo Bank, expects to announce 'something firm' in the first quarter this year.

Business

CIMB now in Mont'Kiara

CIMB Bank Bhd and CIMB Islamic Bank Bhd now have a new branch at Solaris Mont'Kiara, a premier commercial development. The new branch of the banks was opened on Tuesday.

Business

New CIMB Bank branch at Solaris Mont’Kiara

CIMB Bank Bhd and CIMB Islamic Bank Bhd have opened a branch at Solaris Mont'Kiara.

Business

KFH, unit win top Islamic finance awards

Kuwait Finance House (KFH) and subsidiary Kuwait Finance House (M) Bhd (KFH Malaysia) are off to a good year, winning in three categories at the 2007 Islamic Finance News Awards.

Business

CIMB Bank expects 25% growth in retail deposits this year

CIMB Bank Bhd is targeting 25% growth in retail deposits this year on the back of innovative conventional and Islamic deposit products and campaigns, according to head of retail banking Peter England.

Business

CIMB Islamic maintains RM1b budget for financing

CIMB Islamic Bank Bhd has allocated RM1bil worth of financing facilities for its business clientele this year, said chief executive officer Badlisyah Abdul Ghani.

Business

Need for better ICM infrastructure

Although Malaysia has successfully prepared to position itself as a global Islamic capital market (ICM) hub, it needs to improve its ICM infrastructure and offer more innovative Islamic financial products.

Business

Innovation to give CIMB the push

CIMB Bank Bhd is focusing more on innovative products targeting specific segments of the market to achieve its deposit growth of 25% this year, says retail banking head Peter England.

Business

Global sukuk to gain momentum

The global sukuk market is likely to gain momentum in the first quarter of next year following a period of slower growth due to the United States subprime market impact.

Business

CIMB starts ‘green’ account

CIMB Islamic Bank Bhd expects RM100mil deposits for its newly launched environmental-friendly EcoSave Account this year.