It was also awarded Best for Mass Affluence/HNW in Malaysia 

KUALA LUMPUR, May 10 (Bernama) -- CIMB Private Banking has been awarded as the Best Domestic Private Bank and Best for Mass Affluence/HNW in Malaysia at the Asiamoney Asia Private Banking Awards 2022. This achievement marks the third consecutive year that the Best Domestic Private Bank award has been conferred to CIMB Private Banking by Asiamoney.

Jefferi Hashim, Chief Executive Officer, CIMB Investment Bank Berhad said, “These awards recognise our position as the leading private bank in Malaysia, successfully serving high net worth individuals and families for the past 20 years. We are privileged to be able to serve our clients, especially in a year that was among the most challenging across markets, and are proud to have been able to continue to add value to our clients supported by strong advisory capabilities.”

Despite the ongoing challenges from the pandemic, CIMB Private Banking saw impressive asset growth as a result of continued deepening of client relationships and alignment with client interests. The firm’s distinctive collaboration model and infrastructure, encapsulating various investment banking and corporate banking offerings, have worked well with its high net worth (“HNW”) clients in meeting their personal as well as corporate needs.

CIMB Private Banking, marking its 20th year anniversary this year, is an industry pioneer in Malaysia with a regional presence that includes Singapore and Indonesia. Today, CIMB Private Banking offers a comprehensive suite of solutions that includes investments, credit solutions, integrated banking, as well as wealth and succession planning. With its ASEAN network and cross-border capabilities, CIMB Private Banking is well placed to meet the diverse needs of today’s HNW individuals.

The Asiamoney Asia Private Banking Awards are presented annually to outstanding financial institutions who demonstrate an ability to meet strategic targets and are differentiated from their competitors in terms of their performance, strategy, and client offerings. 

Photo Caption : Jefferi Hashim, Chief Executive Officer, CIMB Investment Bank Berhad 

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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 RM55.3 billion as at 31 December 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 630 branches and around 33,000 employees as at 31 December 2021. CIMB’s investment banking arm is one of the largest Asia Pacificbased 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 

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

--BERNAMA