econ
Malaysia
CIMB Group

CIMB Group

BankingNo. 4 in MalaysiaMalaysia
Founded
1974
Headquarters
Kuala Lumpur, Malaysia
Ticker
1023.KL
Sector
Banking

Stock performance

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History

CIMB began as a small Malaysian merchant bank and grew significantly through a series of acquisitions and mergers from the 2000s onward, including combining with Bumiputra-Commerce Bank, to become one of Malaysia's largest banking groups, with a particular strength in investment banking built from its merchant-banking origins.

Business model

CIMB Group provides retail, corporate, investment, and Islamic banking services across Malaysia, Indonesia, Thailand, and Singapore, giving it one of the more genuinely integrated ASEAN regional banking platforms alongside strong domestic Malaysian investment-banking capabilities.

Market position

CIMB is one of the largest banking groups in Malaysia and Southeast Asia, generally ranked among the top regional banks alongside Maybank, with a particularly strong regional investment-banking and capital-markets franchise.

Country impact

CIMB is one of the largest financial institutions in Malaysia and a significant contributor to the country's role as a regional financial and Islamic-banking center, with its ASEAN-wide banking network reflecting Malaysia's broader economic integration strategy with neighboring Southeast Asian markets.