Tag - CIMB

Bank Negara expected to hold rates steady through 2025 after OPR cut – investment banks

KUALA LUMPUR: Public Investment Bank Bhd (Public IB) expects Bank Negara Malaysia (BNM) to hold interest rates steady for the remainder of 2025, following the recent overnight policy rate (OPR) cut. Yesterday, BNM reduced the OPR by 25 basis points (bps) to 2.75 per cent at its fourth Monetary Policy Committee (MPC) meeting of the year, marking...

Invest Malaysia 2025: CIMB Group reaffirms commitment to bolstering Malaysia’s global economic ties

KUALA LUMPUR: CIMB Group remains committed to supporting the government’s efforts to strengthen global economic ties, elevate Malaysia’s competitive advantage, and foster long-term economic sustainability. Recently, CIMB Group Holdings Bhd co-hosted the inaugural Invest Malaysia 2025 series in London, bringing together government representatives, prominent Malaysian corporations, and global institutional investors to highlight Malaysia as a leading investment destination. The...

POWERING THE FUTURE WITH FINANCING FOR GREEN TECH SMES

GREEN technology small and medium enterprises (SMEs) often face challenges in securing financial support to expand their market share due to a limited track record, perception of high risks involved in new technologies or newer business models, and limited access to collateral. This prevents many green technology SMEs from contributing to the transition towards a Net...

CIMB appoints Tengku Azmil as director

KUALA LUMPUR: CIMB Group Holdings Bhd has appointed Tengku Datuk Seri Azmil Zahruddin Raja Abdul Aziz as a non-independent non-executive director effective July 1, 2024. Tengku Azmil, 54, is currently the chairman of CelcomDigi Bhd. He also sits on the board of Sime Darby Bhd. CIMB said Tengku Azmil was previously the chief investment officer and deputy...