CIMB
CIMB Group Holdings Berhad (MYX: 1023) is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region.
| Formerly | Bumiputra-Commerce Holdings Berhad |
|---|---|
| Company type | Publicly traded state-owned enterprise |
| RM1023 | |
| ISIN | MYL1023OO000 |
| Industry | Financial services |
| Founded | January 2006 |
| Founders | Wee Kheng Chiang (as Bian Chiang Bank, established in 1924) Yeap Chor Ee (as Ban Hin Lee Bank, established in 1935) |
| Headquarters | Kuala Lumpur, Malaysia |
Key people | Mohd Nasir Ahmad, Chairman Abdul Rahman Ahmad, Chief Executive Officer |
| Products | Consumer Banking Corporate Banking Investment Banking Islamic Banking Asset Management Insurance & Takaful |
| Revenue | RM17.189 billion (Fiscal Year Ended 31 December 2020) |
| RM8.212 Billion (Fiscal Year Ended 31 December 2020) | |
| RM1.194 billion (Fiscal Year Ended 31 December 2020) | |
| Total assets | RM602.354 billion (Fiscal Year Ended 31 December 2020) |
| Total equity | RM55.925 Billion (Fiscal Year Ended 31 December 2020) |
Number of employees | 38,000 |
| Parent | Khazanah Nasional |
| Subsidiaries | CIMB Niaga Touch 'n Go |
| Website | cimb |
The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group's business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising Investment Banking and Corporate Banking, Treasury & Markets, and Group Strategy & Strategic Investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic operates in parallel with these businesses, in line with the group's dual banking model.
The group has around 33,000 employees in 18 countries, covering ASEAN and major global financial centres, as well as countries in which its customers have significant business and investment dealings.
The group's geographical reach and its products and services are complemented by partnerships. Its partners include the Principal Financial Group, Bank of Tokyo-Mitsubishi UFJ, Standard Bank and Daewoo Securities, among others.