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It is heard in corporate circles that CIMB Bank of Malaysia intend to setup an Investment Bank in collaboration with the Union Bank of Colombo (UBC) and its Chairman Alex Lovell. Ultimate plan of CIMB is to create a full fledged commercial bank, Stock brokering and Investment Bank in Sri Lanka. Invitations have already been sent regarding the press conference to be held on 4th August 2011 at Taj Samudra Hotel.
CIMB Group (MYX: 1023) is the Malaysia's second largest financial services provider, and fifth largest in Southeast Asia by total assets. It is owned by CIMB Group Holdings Berhad, which is listed on Bursa Malaysia with a market capitalization of RM63.2 billion.
CIMB Group operates as a universal bank offering a full range of financial products and services, covering corporate and investment banking, consumer banking, treasury, insurance, and asset management. CIMB Group offers products and services on a dual banking basis, giving customers a choice of both conventional and Islamic solutions.
As a universal bank, it is able to serve everyone from all walks of life in Malaysia as well as throughout the region, including large regional corporations, domestic listed companies, entrepreneurial start-ups, high net worth individuals, pensioners, and children. Today, CIMB serves over eleven and a half million customers in over 1000 locations through over 37,000 staff.
At present, its main markets are Malaysia, Indonesia, Singapore, and Thailand, countries in which CIMB Group has full universal banking capabilities. CIMB Group's presence in 13 countries covers South East Asia and major global financial centres, as well as countries with which their South East Asian customers have significant business and investment dealings.
In addition, CIMB extends its regional reach and range of products and services through strategic partnerships. Partners include the Principal Financial Group, Aviva, Sunlife Financial, Allianz Malaysia Berhad, Mapletree Capital Management, Bank of Tokyo-Mitsubishi UFJ, Standard Bank, Daewoo Securities, the Kanoo Group, Malaysia Airlines, International Currency Exchange, EDS, Pos Malaysia, 7-11, Singer Malaysia, and many more.
CIMB Group (MYX: 1023) is the Malaysia's second largest financial services provider, and fifth largest in Southeast Asia by total assets. It is owned by CIMB Group Holdings Berhad, which is listed on Bursa Malaysia with a market capitalization of RM63.2 billion.
CIMB Group operates as a universal bank offering a full range of financial products and services, covering corporate and investment banking, consumer banking, treasury, insurance, and asset management. CIMB Group offers products and services on a dual banking basis, giving customers a choice of both conventional and Islamic solutions.
As a universal bank, it is able to serve everyone from all walks of life in Malaysia as well as throughout the region, including large regional corporations, domestic listed companies, entrepreneurial start-ups, high net worth individuals, pensioners, and children. Today, CIMB serves over eleven and a half million customers in over 1000 locations through over 37,000 staff.
At present, its main markets are Malaysia, Indonesia, Singapore, and Thailand, countries in which CIMB Group has full universal banking capabilities. CIMB Group's presence in 13 countries covers South East Asia and major global financial centres, as well as countries with which their South East Asian customers have significant business and investment dealings.
In addition, CIMB extends its regional reach and range of products and services through strategic partnerships. Partners include the Principal Financial Group, Aviva, Sunlife Financial, Allianz Malaysia Berhad, Mapletree Capital Management, Bank of Tokyo-Mitsubishi UFJ, Standard Bank, Daewoo Securities, the Kanoo Group, Malaysia Airlines, International Currency Exchange, EDS, Pos Malaysia, 7-11, Singer Malaysia, and many more.
Last edited by Sandstorm on Sun Jul 31, 2011 8:05 pm; edited 5 times in total
