RAM Ratings has reaffirmed the AAA/Stable/P1 financial institution ratings of CIMB
Bank Berhad (the Bank).
CCB (Asia) has appointed CIMB
Investment Bank Berhad ("CIMB
") as the Listing Agent of the Notes on Bursa Malaysia under the exempt regime ( Proposed Listing ).
Han said CIMB
has a wide range of business interests in the region, in Egypt specifically and is working closely with Cairo-based research partner firm, Sigma Capital.
Badlisyah also heads CIMB
Group's Islamic banking and finance franchise.
Kadir, Chairman of the Board of Directors of CIMB
Islamic Bank, said, "We respect Badlisyah's decision.
We are delighted to partner with CIMB
Bank on introducing combined banking and payment solutions to Singapore," said Jan Marsalek, Chief Operating Officer of Wirecard.
Niaga was established under the name Bank Niaga in 1955, and joined the CIMB
Group, the second largest financial group in Malaysia in terms of assets, in 2002.
Sun Life and Khazanah each own 49 per cent and CIMB
Group retains a two per cent share.
JCB and CIMB
Niaga are due to launch the merchant acquiring business in July 2013 and are ready to accept JCB card as means of payment, starting with Jakarta and Bali as the first area to be focused.
We are extremely delighted to have been voted the WIFFMC Islamic Investment Institution of the Year 2012," said CIMB
Principal Islamic Asset Management chief executive Datuk Noripah Kamso.
The plan is in line with Chief Executive Nazir Razak's ambitions to make CIMB
a leading Asian financial services firm.
private equity firm Carlyle are among leading contenders to place first round bids for a stake in Malaysian lender RHB, after bigger rival CIMB
said it is not keen to buy the stake.