KUCHING: CIMB Investment Bank (CIMB Investment) recently launched its branch at Jalan Bako, Off Brooke Drive, in Sibu, making it the sixth CIMB Investment Bank branch in Malaysia.Strategically located at the city centre, the branch offers full stock broking services to meet customers’ investment needs and is fully equipped with the infrastructure and expertise of advisors, relationship managers, remisiers and dealers.
The branch also serves as the gateway to CIMB Investment’s award-winning investment banking franchise, which offers financial solutions and corporate advisory services covering capital markets, research, private banking, private equity and fund management.
Deputy chief executive officer, Corporate and Investment Banking of CIMB Group, Datuk Charon Wardini Mokhzani said, “We are excited with our presence in Sibu where economic activities are vibrant and thriving.”
“While we have a full-fledged investment banking branch presence in Kuching, we see a lot of potential in Sibu and the neighbouring areas as well. We want to provide individuals and corporate investors here easy access to Malaysian and foreign bourses,” he added.
With the new branch, Sibu clients could now trade online in Singapore, Hong Kong and US stock exchanges. Additionally, clients could also seek the assistance of CIMB’s remisiers and dealers to assist them to trade in other foreign bourses besides the ones stated above.
Other product offerings to clients included online futures trading in FTSE Bursa Malaysia KLCI Futures (FKLI) and Crude Palm Oil Futures (FCPO), m*Trade@CIMB to trade shares using mobile phones and e*IPO@CIMB to apply for initial public offerings of shares via the internet.
Meanwhile, at the launch of the branch, head of retail equities of CIMB Investment Bank, Paul Gui announced the new i*Trade@CIMB webpage that provides for CIMB’s regional identity in line with it’s vision to be Southeast Asia’s most valued universal bank.
The new one-stop platform provides latest information on CIMB Group’s products and services, extending from online trading in shares and futures to CIMB Bank’s personal finance and wealth management product offerings to meet clients’ financial needs.
This new site would also incorporate a powerful technical analysis toolkit to provide clients with trading strategic ideas and to a wealth of information provided by CIMB’s award winning research team, thus enabling customers to trade and invest more intelligently from the comfort of their homes.
Customers could find out more about the portal at www.itradecimb.com.my and CIMB Investment Bank’s full range of products and services at www.ib.cimb.com or visit the bank’s seven points of presence in Kuala Lumpur (headquarters), Penang, Kuantan, Melaka, Kuching, Kota Kinabalu and Sibu.