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Corporate News 07 Dec 2016 | 12:00 AM

EPF buys CIMB Bank’s stakes in two investment funds

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.

Business 30 Sep 2016 | 12:00 AM

CIMB unit in Vietnam officially gets banking licence

PETALING JAYA: CIMB Bank (Vietnam) Ltd, a unit of CIMB Bank Bhd, has officially received its banking licence from the Vietnamese central bank.

Business 16 Jun 2016 | 12:00 AM

CIMB Group proposes dividend-in-specie

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.

Banking 24 Mar 2016 | 12:00 AM

CIMB sells stake in insurance unit

PETALING JAYA: CIMB Group Holdings Bhd has entered into a conditional share sale and purchase agreement to divest its 51% stake in Indonesian insurer PT CIMB Sun Life in a cash deal worth about 550 billion rupiah (RM169mil).

Business 25 Sep 2013 | 12:00 AM

Continuing the legacy at CIMB

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.

Business 29 Apr 2015 | 12:00 AM

CIMB considers the worst to be over in Indonesia

KUALA LUMPUR: CIMB Group Holdings Bhd, which has been weighed down by its operations in Indonesia, expects PT Bank CIMB Niaga Tbk’s bottom line to improve going forward and an overall loan growth of 10% this year.

Business 19 Dec 2012 | 12:00 AM

CIMB scores a first by offering banking service via Facebook

KUALA LUMPUR: CIMB Bank expects the number of people engaging in the online banking channel to grow in excess of 20% year-on-year.

Community 08 Jan 2013 | 12:00 AM

CIMB Bank revamps its online portal to enhance user-friendliness

CIMB Bank recently launched a revamped CIMB Clicks, the bank’s Internet banking portal.

Business 12 Jun 2013 | 8:42 AM

CIMB Bank proposes RM10b debt notes

KUALA LUMPUR: CIMB Bank Bhd has proposed to issue RM10bil Basel III-compliant Tier 2 subordinated debt programme (Subordinated Debt Programme).

Business 18 Apr 2014 | 12:00 AM

RM5mil budget for CIMB Ace 18-month trial

KUALA LUMPUR: CIMB Group Holdings Bhd has so far budgeted RM5mil towards the newly-launched CIMB Accelerated Career Enhancement Programme (CIMB Ace), and may increase the amount in the future, depending on the results of the programme.