News about CIMB

KUALA LUMPUR (Feb 12): CIMB Group Bhd has arranged for a number of reliefs for CIMB Bank Bhd and CIMB Islamic Bank Bhd customers who have been affected by the novel coronavirus (COVID-19) outbreak.

KUALA LUMPUR (Jan 23): CIMB Bank Bhd, together with CIMB Islamic Bank Bhd, is lowering its base rate and fixed deposit rates by 25 basis points, in line with Bank Negara Malaysia's key interest rate cut yesterday.

KUALA LUMPUR (Dec 24): CIMB Group Holdings Bhd is providing a six-month repayment relief for a number of loans and financing products for customers and staff who have been affected by the recent floods.

KUALA LUMPUR (Dec 6): Nexgram Holdings Bhd’s external auditor Styl Associates PLT has expressed an unqualified opinion on the group’s accounts, and raised concerns over its ability to continue as a going concern.

KUALA LUMPUR (Nov 22): Iskandar Waterfront Holdings Sdn Bhd (IWH) has secured a RM371 million financing facility from CIMB Bank Bhd to part-finance the investment by a consortium comprising IWH and China Railway Group Ltd (CREC) in the Bandar Malaysia project.

KUALA LUMPUR (Nov 11): CIMB Group Holdings Bhd and PLUS Malaysia Bhd announced today that their joint venture company, Touch n' Go Sdn Bhd (TNG), will be launching the RFID tag as an additional payment option for road users at all PLUS expressways across the country next year.

KUALA LUMPUR (Oct 25): CIMB Group Holdings Bhd and PLUS Malaysia Bhd have worked out a settlement agreement that puts an end to the joint venture partners’ dispute over PLUS’ decision to launch its own toll collection system.

KUALA LUMPUR (Oct 11): Pragmatic, carefully curated to benefit the rakyat across ethnic groups and with timely incentives to reduce the country's dependence on foreign labour — these are among the comments from Malaysia's top bankers on Budget 2020, which was tabled in Parliament today by Finance Minister Lim Guan Eng.

KUALA LUMPUR (Oct 8): The following is a statement by Datuk Seri Nazir Razak (pictured): I refer to media reports about the MACC recovery plan for funds totalling RM420m from 80 persons and entities who received more than RM 500,000 in alleged 1MDB monies.

KUALA LUMPUR (Oct 1): CIMB Group Holdings Bhd has partnered with the Sustainable Energy Development Authority to provide sustainable energy financing for small to medium enterprises (SMEs).