Qualifications of CIMB
CIMB Group is a universal bank headquartered in Kuala Lumpur, with high expansion economies in ASEAN. An local ASEAN expense bank, CIMB has a vast retail branch network with 1, 080 branches throughout the region. The group functions under several corporate agencies, which include CIMB Investment Financial institution, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group's business activities are generally in the areas of Consumer Banking, Wholesale Bank, comprising Purchase Banking and company Banking, Treasury & Marketplaces, and Group Strategy & Strategic Assets, with its main markets becoming Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic are operating in parallel with these businesses, in accordance with the group's dual bank model. The group features about forty two, 000 workers located in 17 countries, covering up ASEAN and major monetary crisis centres, and countries in which its clients have significant business and investment transactions. The group's geographical reach and its services and products are accompanied by relationships. Its associates include the Principal Financial Group, Bank of Tokyo-Mitsubishi UFJ, Standard Bank and Daewoo Securities, and others.
Background of MayBank
Maybank (MYX: 1155), a trade term for Malayan Financial Berhad is the largest bank and financial group in Malaysia, with significant banking operations in Singapore, Philippines and the Korea. The bank also has large interests in Islamic banking through Maybank Islamic Berhad and insurance by means of its Etiqa subsidiary. Maybank is the major bank in Malaysia with 401 household branches. Maybank is the largest listed business on the Malaysian Stock Exchange, Bursa Malaysia, using a market capitalisation of RM77. 6 billion dollars (USD25. 4 billion) because at 23 December 2012. In 2008, Maybank finished the acquisition of 15% risk in An Binh Bank (Vietnam), 20% stake of MCB Lender Ltd and ninety-seven. 5% risk in Bank Internasional...