Tuesday 01/07/2025

^{From left: Ahmad Shahriman Mohd Shariff, Chief Executive Officer of CIMB Islamic, Gurdip Singh Sidhu, Chief Executive Officer of CIMB Malaysia and CIMB Bank Berhad, Gobind Singh Deo, Minister of Digital Malaysia, and Novan Amirudin, Group Chief Executive Officer of CIMB Group, visiting the Komuniti Tukang Jahit booth during the walkabout at CIMB Kita Bagi Jadi Komuniti launch.}


CIMB aims to advance customers and society via “Kita Bagi Jadi Komuniti” movement

KUALA LUMPUR, July 1 (Bernama) -- CIMB Group Holdings Berhad (“CIMB” or “the Group”) on 30 June 2025 announced a commitment of RM200 million over the next five years (2026 to 2030) to advance customers and society under its “Kita Bagi Jadi Komuniti” platform. This commitment will primarily focus on three key areas - driving long term economic empowerment, community wellbeing and financial inclusion including equipping the youth, unbanked, and the underserved communities with important life skills such as digital and financial literacy.

The Digital Minister of Malaysia, Gobind Singh Deo was present at the event which also included Novan Amirudin, Group Chief Executive Officer, CIMB Group and Gurdip Singh Sidhu, Chief Executive Officer, CIMB Malaysia and CIMB Bank Berhad, and Mohd Herman Sarbini, Chief Operating Officer of TNG Digital Sdn Bhd (“TNG Digital”).

Gobind Singh Deo said, “The Ministry of Digital commends CIMB for taking a proactive role in empowering communities through its targeted financing for entrepreneurs, low-income communities and the underbanked. By providing greater access to financing, financial education and capacity building initiatives, the Bank is enabling everyone to participate meaningfully in the economy. These efforts not only promote socioeconomic mobility but also support national productivity and long-term resilience. We encourage more industry players to emulate CIMB’s commitment and work collaboratively to ensure all Malaysians are part of the country’s digital transformation.”

Novan Amirudin said, “Countries with high income inequality tend to experience slower, less sustainable growth. In contrast, a thriving, inclusive society which leaves no one behind, benefits all its members. At CIMB, our purpose to advance customers and society, is simple but powerful. By enabling broader financial access, we help our customers succeed, and in turn, help society move forward with us. By equipping individuals and small businesses with the right tools whether it is digital literacy, access to financing, or practical skills, we will enable them to participate meaningfully in the economy. That benefits our customers, our communities, and the broader market we operate in.”

“With a commitment of RM200 million in community investment over the next five years, I am proud that we will be able provide support to the underserved and vulnerable communities across ASEAN. In parallel, our 33,000 employees across the region will contribute over 120,000 volunteer hours every year, giving their time and skills to support impact on the ground.”

As part of the “Kita Bagi Jadi Komuniti” platform, CIMB also launched several new, targeted programmes such as the Women Entrepreneur Empowerment Programme which offers tailored financing and networks for women-led businesses. The programme is set to benefit 300 women entrepreneurs over 3 years; CIMB in partnership with Agensi Kaunseling dan Pengurusan Kredit (AKPK) aims to deliver Jaga Duit financial literacy workshops, offering a comprehensive financial inclusion programme aimed at helping low income employees of CIMB’s corporate and SMEs. Through nationwide workshops, close to 1500 employees of CIMB clients have benefited from these workshops; and Let’s Duit by TNG Digital, a nationwide programme offering simple, hands-on learning and easy-to-use digital payment tools which has empowered around 1,000 senior citizens with the knowledge and confidence to protect themselves and navigate the digital economy with ease.

Building on its strong foundation, CIMB continues to create value for stakeholders. From 2021 to 2024, CIMB has disbursed more than RM125 million in community investments, putting the Group on track to achieve its RM150 million target by end 2025. Over the same period, CIMB has extended more than RM50 billion in financing to low income customers and SMEs, demonstrating its role as a responsible financial intermediary in promoting economic participation and impact. Through TNG Digital, the Group enabled nearly RM1 billion in salary disbursements to over 40,000 migrant workers, while expanding financial access for refugees and gig workers

During the event, a panel session, “Turning Intent into Impact” was held to highlight the importance of private-NGO partnerships in transforming lives and livelihoods, addressing critical gaps in education and in extending effective disaster relief and food aid during times of crisis. The session was moderated by Gurdip Singh Sidhu with participation from William Cheah, Co-Founder Kembara Kitchen, Fam Li Ying, Head of Growth Teach for Malaysia, Yap Sue Yii, Founder and CEO Komuniti Tukang Jahit, and Mohd Herman Sarbini.

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 RM75.2 billion as at 31 March 2025. 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 across ASEAN in Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam and Philippines.

Beyond ASEAN, the Group has market presence in China, Hong Kong and UK. CIMB has one of the most extensive retail branch networks in ASEAN with 592 branches and over 33,000 employees as at 31 March 2025. 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 

FOR  MORE INFORMATION, PLEASE CONTACT: 
Name: Anis Azharuddin / Kelvin Jude Muthu
Group Corporate Communications
CIMB Group Holdings Berhad
Email: anis.azharuddin@cimb.com / kelvinjude.muthu@cimb.com

--BERNAMA