CIMB Singapore

We cannot decide how others vote but we can make our own economy more resilient

CIMB’s performance in Singapore reflects a broader strategic vision

CIMB Singapore says the fixed deposit account is one of the highest interest-bearing business accounts available in the market.

As part of its recalibration plan, CIMB Singapore has decided to focus more on digitalisation.

The move comes nearly four months after the bank fired three of its long-time banking heads.

In the note, CEO Victor Lee also expressed his disappointment that the previous memo was making its rounds in the media.

For the 1HFY2020, the bank saw losses of RM939 million ($309 million) mainly due to impairments.

The government is widely expected to introduce a multi-million package to help companies and individuals ride through the negative impact of the Covid-19 outbreak, which has been dubbed “public enemy number one” by the World Health