CIMB also recognised as Best for Wealth Transfer/Succession Planning in Malaysia

KUALA LUMPUR, July 15 (Bernama) -- CIMB Private Banking has won three major awards for excellence in serving its private banking clients, namely Best Domestic Private Bank in Malaysia and Best for Wealth Transfer/Succession Planning in Malaysia in the Asiamoney Asia Private Banking Awards 2021, as well as Best Private Bank in the FinanceAsia Country Awards 2021. The Asiamoney awards have been conferred for a second consecutive year.
 
Jefferi Hashim, Chief Executive Officer, CIMB Investment Bank Berhad said, “We are honoured by these awards, once again recognising our services as the best in the country. We thank our clients for the trust they have placed in us, as we continue to work closely with them by offering comprehensive wealth management solutions aimed at enhancing and preserving their wealth. These acknowledgements also reaffirm the strength of our wealth transfer/succession capabilities which is a key offering within our suite of wealth management solutions.”
 
CIMB Private Banking offers comprehensive solutions ranging from banking, investment, lending solutions, wealth planning structuring and trust services. This allows us to meet the complex needs of high net worth clients which include the growing millennial, entrepreneur and corporate segments, by leveraging the Group’s integrated banking solutions.
 
With CIMB’s strong advisory capabilities, we will continue to help clients navigate volatile markets while also addressing the increasing interest in wealth preservation and intergenerational wealth transfer.

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 RM43.1 billion as at 31 March 2021. 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 644 branches and around 34,000 employees as at 31 March 2021. 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 Group Holdings Berhad

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