KUCHING: CIMB Investment Bank Bhd (CIMB Investment) aims to achieve RM18 million as its benchmark over the next seven days at the Minggu Saham Amanah Malaysia (MSAM) 2010.According to CIMB Group’s director and head of multinational corporation and government relations, Nik Johaan Hashim mentioned that the purpose for CIMB to participate in MSAM this year was mainly to showcase their products and services from CIMB Bank and CIMB Islamic.
“We are looking to increase deposits in the conventional banking and Islamic banking as well,’ he added.
“Our CIMB Islamic banking section, whereby all products are Syariah compliant, is seeing a tremendous growth of late,” he explained.
He further added, “We have also recently launched the CIMB Clicks linkage to Amanah Saham Bumiputera (ASB) funds. Therefore, the public can now top up their ASB funds using the online portal for better convenience.”
For the time being, he noted that they had approximately 2 million registered users for the said service with aims to increase the amount of online users for CIMB Clicks.
CIMB Bank’s regional director of consumer sales and distribution Ali Adai noted that they were currently organising a contest for their clients to have the chance to win a grand prize of a one kilogram gold bar should they deposit RM1,000 in any of its deposit accounts.
“The ‘Go for Gold’ contest will run from February 1 to May 31 this year and every incremental deposit of RM1,000 will entitle customers to one entry.”
Hashim also highlighted another service offered by CIMB, which was the ASB loan for customers to enjoy special rates with two options available.
“The first option offers a rate of base lending rate (BLR) minus 1.65 per cent per annum throughout the loan tenure while the second option allows customers to enjoy 4.15 per cent fixed for the first 2 years and thereafter at BLR minus 1.65 per cent per annum.”
CIMB Bank which has been in Sarawak for more than 50 years has experienced an exponential growth in customer base ever since. Currently they have 16 branches in Sarawak and 323 divisions nationwide with 36,000 employees. In addition, they have expanded to neighbouring countries such as Indonesia, Thailand and Singapore.
“We plan to be South East Asia’s most valued bank with our plans for expansion driven by market size in the regions,” mentioned Hashim.