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KUALA LUMPUR: The Employees Provident Fund (EPF) is buying CIMB Bank Bhd’s entire interest and units in two funds that invest in Australian commercial office assets for A$37.13mil (RM123mil) in cash.
PETALING JAYA: CIMB Bank (Vietnam) Ltd, a unit of CIMB Bank Bhd, has officially received its banking licence from the Vietnamese central bank.
KUALA LUMPUR: CIMB Group Holdings Bhd has proposed a special interim dividend, to be paid in PT Bank CIMB Niaga Tbk (Niaga) shares, to increase the public float of its Indonesian subsidiary with the aim of complying with the Indonesia Stock Exchange (IDX) listing regulations.
PETALING JAYA: Tengku Datuk Zafrul Tengku Abdul Aziz’s expected appointment to head CIMB Investment Bank Bhd is seen as a move to secure and protect the group’s dominant position in the investment banking industry, which over the years has been led by strong personalities.
KUALA LUMPUR: CIMB Bank expects the number of people engaging in the online banking channel to grow in excess of 20% year-on-year.
CIMB Bank recently launched a revamped CIMB Clicks, the bank’s Internet banking portal.