PETALING JAYA: CIMB Group Holdings Bhd yesterday announced a landmark commitment of RM10 billion in funding facilities to drive economic integration a...
From left: CIMB Group growth markets CEO Victor Lee Meng Teck, Novan, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Singapore Deputy Prime Minister and Trade and Industry Gan Kim Yong, Johor Menteri Besar Datuk Onn Hafiz Ghazi; Investment, Trade and Industry Minister Liew Chin Tong, CIMB Bank CEO Gurdip Singh Sidhu, CIMB Group commercial and transaction banking co-CEO Ahmad Shazli Kamarulzaman at the CIMB showcase within the Johor-Singapore Special Economic Zone...
The group said in a statement that it is strategically positioned to catalyse growth across corporates and small and medium enterprises, while accelerating investment inflows in support of the transformative bilateral initiative. As a leading Asean-focused financial institution, he added, they are committed to their purpose of advancing customers and society, by capitalising the immense potential of the JS-SEZ through their integrated cross-border banking solutions, strategic advisory and extensive ecosystem of partnerships, backed by their strong on-ground presence in both Johor and Singapore.
CIMB has set up a dedicated team comprising 30 experienced bankers in Singapore and Malaysia to accelerate market entry for clients across Malaysia, Indonesia, Singapore, Thailand, mainland China and Hong Kong to capture opportunities arising from JS-SEZ.
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