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CIMB Bank
Singapore-Malaysia ties
Forest City’s revival plans reel in crypto bros
The Malaysian government is trying to revive the US$100 bil "ghost town" of Forest City with a host of attractive financial incentives. Crypto bros have bitten the bait, will family offices do so too?
October 03, 2024
Sustainability
StorHub secures $180 mil sustainability-linked loan from CIMB, UOB
StorHub’s KPIs are to reduce reduce electricity consumption and obtain LEED green building certification for seven properties.
September 25, 2023
Corporate moves
CGS-CIMB appoints veteran economist Song Seng Wun as economic advisor
Song, who has more than 30 years of working experience as an economist, is no stranger to the brokerage
September 20, 2023
Oil & Gas
BP Singapore oil traders placed on leave amid disputed deals
BP Plc has placed some personnel from its Singapore-based crude oil team on leave after they were mentioned in court documents filed in disputes between banks and other trading houses
July 20, 2020
Disruption and Digitalisation
Pand.ai develops chatbot for CIMB to assist business owners seeking financial relief
CIMB is sporting a new AI to help those seeking financial relief
May 19, 2020
Banking & finance
Engage client actively to avoid NPL bubble
Malaysia has placed a moratorium on loans to help firms cope with Covid-19, but this could only serve to delay a debt and impaired loan crisis
April 09, 2020
Disruption and Digitalisation
CIMB announces collaboration to provide e-supply chain financing solutions
SINGAPORE (Nov 15): CIMB Bank Singapore is collaborating e-procurement service provider SESAMi Holding and financing platform Capital Match to bring cost-effective e-supply chain financing solutions to the supplier community.
November 15, 2019
Malaysia
Malaysia's markets set for rebound, ex-CIMB chief Nazir says
(May 2): Malaysia’s stock market and currency are set for a rebound from their slump following the elections almost a year ago, said Nazir Razak, former chairman of Malaysia’s second-largest bank.
May 02, 2019
Property
Singapore has a better Bali on its doorstep, developer says
SINGAPORE (Feb 22): Singapore’s second-largest developer has a suggestion for the government: re-position the billionaire enclave of Sentosa as a tourism mecca like Bali.
February 22, 2019
Management & Corporate Governance
CIMB maintains Fincantieri Vard offer 'not fair but reasonable' in revised IFA report
SINGAPORE (July 9): CIMB Bank maintains Fincantieri Oil & Gas’ offer for Vard Holdings is “not fair but reasonable" in a revised independent financial adviser's (IFA) report after errors were found in the first one.
July 09, 2018