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CIMB receives outstanding capabilities awards
Last update: 08/10/2018

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KUALA LUMPUR, Oct 8 (Bernama) – CIMB Group (CIMB) picked up six awards at the Alpha Southeast Asia 12th Annual Best Financial Institution Awards and another two at the Asiamoney Best Bank Awards (Malaysia) 2018.

The accolades were for outstanding capabilities in investment banking, trade finance and the SME segments.

CIMB’s awards from Alpha Southeast Asia included Best Equity House (Malaysia), Best Institutional Broker (Indonesia), Best Retail Broker (Indonesia) and Best Islamic Finance Consumer Bank (Malaysia). 

The awards from Asiamoney were in the Best Corporate and Investment Bank, as well as Best SME Bank categories.

CIMB group chief executive, Tengku Datuk Seri Zafrul Aziz, said in a statement today: “We are honoured to receive these awards which are a testament to CIMB’s strong, established in-house capabilities, deep ASEAN expertise and continued commitment to deliver the best banking and financing solutions to our clients.” 

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Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
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