October 20, 2017 8:14 PM ET


Company Overview of CIMB Bank Berhad, Singapore Branch

Company Overview

CIMB Bank Berhad, Singapore Branch operates as a subsidiary of CIMB Bank Berhad.

270 Orchard Road

#03-02 Knightsbridge

Singapore,  238857



65 6333 7777


65 6645 2099

Key Executives for CIMB Bank Berhad, Singapore Branch

Group CEO & Director
Age: 44
Group Chief Financial Officer
Acting Group Chief Information & Operations Officer
Chief Executive officer of Group Consumer Banking
Age: 55
Chief Executive Officer of Indonesia
Age: 45
Compensation as of Fiscal Year 2017.

CIMB Bank Berhad, Singapore Branch Key Developments

Croesus Retail Asset Management Pte. Ltd. Appoints CIMB Bank Berhad, Singapore Branch as Independent Financial Adviser

The board of directors of Croesus Retail Asset Management Pte. Ltd. (Trustee-Manager), as trustee-manager of Croesus Retail Trust, referred to the joint announcement made by the Trustee-Manager and Cyrus BidCo Pte. Ltd. (the "Offeror") announced that the Trustee-Manager has entered into an implementation agreement with the Offeror in relation to the proposed acquisition of all the issued units in CRT (the "Units") by the Offeror. The Board announced that CIMB Bank Berhad, Singapore Branch has been appointed as the independent financial adviser (the "IFA") to advise the directors of the Trustee-Manager who are considered independent for the purposes of the Scheme (the "Independent Directors") for the purposes of making a recommendation to the unitholders of CRT ("Unitholders") in connection with the Scheme.

JCB International Co., Ltd. and CIMB Bank Singapore with Wirecard AG Seal Merchant Acquisition Partnership

JCB International Co., Ltd. (JCBI), CIMB Bank Singapore (CIMB), and Wirecard AG (Wirecard) announce their signing of a License Agreement to begin JCB merchant acquiring services in Singapore. Through the partnership, JCB card acceptance facilities will be available at CIMB merchants. With its ASEAN footprint firmly in place, CIMB is a befitting partner with JCBI on both the local and regional front.  Having established similar collaborations in Malaysia and Indonesia, this new License Agreement extends the collaboration into other parts of Southeast Asia and enhances cooperation in the region. Tourism is a key contributor to the Singapore economy and the country is a popular destination for regional JCB cardmembers. This new merchant acquisition partnership with CIMB will bolster the JCB card acceptance network in the market and promote new merchants to JCBI's  rapidly expanding cardmember base from Asia during their stayin Singapore. CIMB Bank Singapore's one-stop merchant solution is in partnership with Wirecard. Wirecard has been providing an integrated payment platform that supports eCommerce, mCommerce, mobile and traditional Point-of-Sale, to facilitate merchants' real-time tracking of transactions across multiple sales channels as part of the partnership.

CIMB Bank Singapore and Sompo Insurance Singapore Announces Bancassurance Partnership

CIMB Bank Singapore and Sompo Insurance Singapore Pte. Ltd. announced their new bancassurance partnership for the Singapore market. This incountry agreement is signed following the announcement of CIMB Group and Sompo Group's long-term regional non-life bancassurance distribution agreement in June 2016. Through this partnership, CIMB Bank Singapore will market and distribute Sompo's non-life insurance to close to 300,000 and growing customers from its Credit Cards, Retail Banking, Preferred Banking, Private Banking and Commercial Banking businesses. Distribution will be across all channels, including branches and online platforms.

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Tax Management Inc United States
Bertelsmann AG Europe

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact CIMB Bank Berhad, Singapore Branch, please visit www.cimbbank.com.sg. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.