CIMB’s incentives continue to aid SMEs in migrating to e-commerce and digital HR solutions

KUALA LUMPUR, Jan 26 (Bernama) -- CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) today announced its CIMB CNY Go Digital offers for Small and Medium Enterprise (“SME”) customers. CIMB recognised that businesses are still weathering the pandemic and with the recent implementation of the Movement Control Order (“MCO”), it is strengthening its efforts to provide digital solutions for SMEs. CIMB’s partners, Shopmatic, a leading e-commerce provider in Southeast Asia enables SMEs to increase online sales via Shopmatic’s B2C platform to reach a wider audience. At the same time, BusinessHR, an integrated cloud-based HR management system is designed to automate and simplify management of human resource for SMEs. CIMB CNY Go Digital will assist SMEs to increase their brand presence online, connect to customers seamlessly, while streamlining HR tasks more efficiently. The two-month campaign runs in conjunction with the Chinese New Year festive season starting from 15 January to 15 March 2021.

Victor Lee Meng Teck, CEO, Group Commercial Banking, CIMB Group said, “CIMB understands that the majority of SMEs in Malaysia are still facing a challenging time. Since the onset of the pandemic last year, we have been offering e-commerce and digitalisation solutions for our customers. With the recent implementation of the MCO, we feel that it is our duty to continue this programme so that more SMEs can take advantage of going digital, now with even bigger savings. The CIMB CNY Go Digital campaign will help SME customers leverage the professional capabilities of the Shopmatic and BusinessHR platforms. This initiative from CIMB is part of our commitment to continuously put our customers first by delivering innovative and convenient solutions.”

With Shopmatic’s services, SMEs can easily set up a fully integrated website in 30 minutes and at the same time, enjoy 50% off on a 12-month subscription plan on the Shopmatic platform with the “PROCIMBCNY” promo code. Customers are also able to obtain the “Do-It-For-Me” package where tailored website designs and set up will be provided for only RM888 with the “CNY2021” promo code, and enjoy savings up to RM612 a year. SMEs can now automate and simplify HR tasks, such as payroll, leave and claims whilst taking advantage of discounts of up to 28% and a three-month fee waiver when they subscribe to the BusinessHR platform.

CIMB is also offering free monthly webinars for customers to learn more about the two solutions. Held from 22 January 2021 onwards, SMEs will be guided on how they can scale up their businesses through these platforms.

For more information, customers can visit www.cimb.com.my/shopmatic or www.cimb.com.my/bizhr to find out more about the CNY Go Digital Campaign and the free webinars.

About CIMB
CIMB is one of ASEAN’s leading universal 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 RM30.6 billion as at 30 September 2020. 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, Korea, the US and UK.

CIMB has one of the most extensive retail branch networks in ASEAN with 673 branches and around 34,000 employees as at 30 September 2020. The Group’s investment banking arm is one of the largest Asia Pacific-based investment banks, while it offers comprehensive research coverage of around 950 stocks in the region via its CGS-CIMB joint venture. CIMB is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

SOURCE: CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Lynn Guha Thakurta / Juanita Johari
Group Corporate Communications
CIMB Group Holdings Berhad
Email: lynn.thakurta@cimb.com / juanita.johari@cimb.com

--BERNAMA