CIMB SECURITIES AIMS TO STIMULATE THE GROWTH OF THE MALAYSIAN CAPITAL MARKET; COMPLETES A 'ONE BANK APPROACH' TO PROVIDE FULLY INTEGRATED WHOLESALE BANKING SERVICES TO CLIENTS

KUALA LUMPUR, May 10 (Bernama) -- CIMB Securities Sdn Bhd (“CIMB Securities” or “the Company”), a wholly owned subsidiary of CIMB Investment Bank Berhad targets high single digit growth in market share by year-end, reaffirming its commitment to support the Government’s aspirations in creating a vibrant ecosystem, whilst stimulating the growth of the Malaysian capital markets. This is aligned with CIMB Group’s overarching strategy to enhance its in-house capabilities, complementing its Wholesale Banking business in Malaysia, offering a complete suite of innovative solutions with integrated stockbroking and equities services, and creating value for its institutional and corporate clients through its ‘one bank approach’.

The launch ceremony was graced by YB Senator Datuk Seri Amir Hamzah Azizan, Finance Minister II, together with Datuk Mohd Nasir Ahmad, Chairman of CIMB Group and Dato’ Abdul Rahman Ahmad, Group Chief Executive Officer of CIMB Group. Also in attendance were Novan Amirudin, Co-Chief Executive Officer, Group Wholesale Banking of CIMB Group; Ruzi Rani Ajith, Chief Executive Officer of CIMB Securities and senior leaders of CIMB Group.