Total of four major awards mark bank’s achievements in helping high net worth clients at every stage of their wealth journey 

KUALA LUMPUR, April 27 (Bernama) -- CIMB Private Banking has been awarded the Best Domestic Private Bank, Best Digital Private Bank, Best for ESG Investing, as well as Best for High Net Worth in Malaysia at the 2023 Asiamoney Asia Private Banking Awards. This also marks the fourth consecutive year the Best Domestic Private Bank award has been conferred to CIMB Private Banking.
 
Novan Amirudin, Co-Chief Executive Officer, Group Wholesale Banking of CIMB Group said, “We are honoured to be recognised once again as the leading private bank in Malaysia. These awards reaffirm our expertise in meeting the needs of high net worth individuals and families at every stage of their wealth journey. We would like to thank our clients for their unwavering support and trust in our capabilities, and we remain committed to delivering the right solutions and advice to help them navigate the challenging investment landscape.”
 
CIMB Private Banking’s continuous focus on building a robust client coverage model and strong investment advisory has been central to the expansion of its client base, while CIMB Group’s network provides the advantage of seamless cross-border services for its clients, especially between Malaysia and Singapore.
 
With an anticipated steady growth of high net worth individuals’ wealth in Asia in the next few years, CIMB Private Banking is strategically positioned to continue to service this segment covering both their individual and corporate investment needs. Leveraging on CIMB Group’s Wholesale Banking framework and strong regional presence, entrepreneur and corporate clients enjoy a wider pool of products and services. This includes advisory and expertise in areas including debt capital markets, equity capital markets and treasury solutions.
 
CIMB Group is committed to being at the forefront of sustainability with its target of mobilising RM60 billion in sustainable finance by 2024 under the Group’s Green, Social, Sustainable Impact Products and Services (“GSSIPS”) Framework. In line with this aspiration, CIMB Private Banking will continue to meet the growing interest in ESG-linked investments as the markets for ESG funds continue to grow regionally and globally.

About CIMB
 
CIMB is one of ASEAN’s leading banking groups and Malaysia’s second largest financial services provider, by assets. Listed on Bursa Malaysia via CIMB Group Holdings Berhad, it had a market capitalisation of approximately RM61.9 billion as at 31 December 2022. It offers consumer banking, commercial banking, wholesale banking, transaction banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, South Korea, the US and UK.
 
CIMB has one of the most extensive retail branch networks in ASEAN with 604 branches and around 33,000 employees as at 31 December 2022. CIMB’s investment banking arm is one of the largest Asia Pacific- based investment banks, which together with its award-winning treasury & markets and corporate banking units comprise the Group’s leading wholesale banking franchise. CIMB is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

SOURCE : CIMB Bank Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Group Corporate Communications
CIMB Group Holdings Berhad
Name: Hishamuddin Omar
Email: hishamuddin.omar@cimb.com
Name: Anis Azharuddin
Email: anis.azharuddin@cimb.com 

--BERNAMA