October 20, 2017 10:40 AM ET

Banks

Company Overview of CIMB Bank Berhad

Company Overview

CIMB Bank Berhad provides commercial banking and related financial services to individuals, corporates and businesses in Malaysia and internationally. The company operates through five segments: Consumer Banking, Commercial Banking, Wholesale Banking, Investments, and Support and Others. It accepts Kwik, savings, current, and fixed deposit accounts; and other instruments, including negotiable instrument of deposits, short-term securities/papers and bankers’ acceptance, and short-term money market deposits. The company also provides property, personal, car, corporate, and enterprise clean loans; share margin financing, general working capital financing, and equipment financing and factoring s...

Menara Bumiputra-Commerce

Level 19

No. 11 Jalan Raja Laut

Kuala Lumpur,  50350

Malaysia

Phone:

60 3 6204 7788

Fax:

60 3 2691 3248

Key Executives for CIMB Bank Berhad

Chief Executive Officer and Executive Director
Age: 44
Person-In-Charge
Head of Group Islamic Banking, Country Head of Middle East & Brunei Ops and CEO of CIMB Islamic Bank
Age: 44
Country Head of Indonesia, Chief Executive Officer of CIMB Thai Bank and President of CIMB Thai Bank
Age: 60
Country Head of Indonesia Operations and Chief Executive Officer of CIMB Bank-Singapore
Age: 59
Compensation as of Fiscal Year 2017.

CIMB Bank Berhad Key Developments

CIMB Bank Berhad Presents at 9th BankTech Asia ­ Kuala Lumpur Regional Series, Jul-05-2017 through Jul-06-2017

CIMB Bank Berhad Presents at 9th BankTech Asia ­ Kuala Lumpur Regional Series, Jul-05-2017 through Jul-06-2017. Venue: Kuala Lumpur Convention Centre, Kuala Lumpur, Malaysia. Presentation Date & Speakers: Jul-05-2017, Sampath Dhamodaran, Managing Director & Head, Group Enterprise Architecture and Solutioning.

CIMB Bank Berhad and AEON BIG (M) Sdn. Bhd. Signs Agreement to Enhance Efficiency of AEON BIG's Supply Chain Management

CIMB Bank Berhad and AEON BIG (M) Sdn. Bhd. signed an agreement on a Vendor Financing Programme, which will enhance the efficiency of AEON BIG's supply chain management by utilising CIMB's commercial payments solution as part of CIMB's Corporate Card Solutions. The commercial payments solution in the Vendor Financing Programme will, among others, enable AEON BIG to take advantage of early payment discounts from its suppliers with days payables outstanding shortened from 30 days to just 1 day. With the considerably shortened DPO, suppliers will enjoy early collection and improved liquidity, which are crucial factors for a stable supply chain. The solution also addresses supply chain requirements by enabling a more seamless transactional flow between AEON BIG and its suppliers. CIMB's commercial payments solution reduces manual paperwork and streamlines documentation as payments are done electronically. Compared to conventional trade finance products and services which rely on physical documentation, this solution brings considerable operational time- and cost-saving efficiencies to AEON BIG. Furthermore, CIMB's online real-time data analytics tool gives AEON BIG a better overview of its operational expenditure to facilitate planning and control.

CIMB Bank Berhad Reports Unaudited Consolidated and Bank Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

CIMB Bank Berhad reported unaudited consolidated and bank earnings results for the second quarter and six months ended June 30, 2016. For the quarter, on consolidated basis, interest income was MYR 3,038,242,000 against MYR 2,861,650,000 a year ago. Net interest income was MYR 1,529,576,000 against MYR 1,555,920,000 a year ago. Profit before taxation was MYR 1,071,603,000 against MYR 911,387,000 a year ago. Net income was MYR 2,574,708,000 against MYR 2,641,713,000 a year ago. Profit for the financial period attributable to owners of the parent was MYR 821,747,000 against MYR 708,599,000 a year ago. Earnings per share attributable to ordinary equity holders of the parent - basic were 15.96 sen against 14.79 sen a year ago. For six months, on consolidated basis, interest income was MYR 6,093,096,000 against MYR 5,631,046,000 a year ago. Net interest income was MYR 3,104,653,000 against MYR 3,021,847,000 a year ago. Profit before taxation was MYR 2,174,586,000 against MYR 1,901,349,000 a year ago. Net income was MYR 4,996,069,000 against MYR 5,050,259,000 a year ago. Profit for the financial period attributable to owners of the parent was MYR 1,684,896,000 against MYR 1,498,706,000 a year ago. Earnings per share attributable to ordinary equity holders of the parent - basic were 32.73 sen against 31.29 sen a year ago. Net cash flows generated from operating activities was MYR 2,758,614,000 against MYR 2,661,023,000 a year ago. For the quarter, on bank basis, interest income was MYR 2,639,359,000 against MYR 2,469,538,000 a year ago. Net interest income was MYR 1,251,251,000 against MYR 1,315,916,000 a year ago. Profit before taxation was MYR 872,224,000 against MYR 753,771,000 a year ago. Net income was MYR 1,894,325,000 against MYR 2,020,881,000 a year ago. Profit for the financial period was MYR 673,692,000 against MYR 600,555,000 a year ago. Earnings per share attributable to ordinary equity holders of the parent - basic were 13.09 sen against 12.54 sen a year ago. For six months, on bank basis, interest income was MYR 5,272,998,000 against MYR 4,846,127,000 a year ago. Net interest income was MYR 2,542,750,000 against MYR 2,555,577,000 a year ago. Profit before taxation was MYR 1,630,412,000 against MYR 1,565,630,000 a year ago. Net income was MYR 3,571,026,000 against MYR 3,794,642,000 a year ago. Profit for the financial period was MYR 1,256,152,000 against MYR 1,259,087,000 a year ago. Earnings per share attributable to ordinary equity holders of the parent - basic were 24.40 sen against 26.29 sen a year ago. Net cash flows generated from operating activities was MYR 682,043,000 against MYR 2,102,711,000 a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 30, 2016
Bank of Yingkou Co., Ltd.
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