10 May 2022
It was also awarded Best for Mass Affluence/HNW in Malaysia
Kuala Lumpur: CIMB Private Banking has been awarded as the Best Domestic Private Bank and Best for Mass Affluence/HNW in Malaysia at the Asiamoney Asia Private Banking Awards 2022. This achievement marks the third consecutive year that the Best Domestic Private Bank award has been conferred to CIMB Private Banking by Asiamoney.
Jefferi Hashim, Chief Executive Officer, CIMB Investment Bank Berhad said, “These awards recognise our position as the leading private bank in Malaysia, successfully serving high net worth individuals and families for the past 20 years. We are privileged to be able to serve our clients, especially in a year that was among the most challenging across markets, and are proud to have been able to continue to add value to our clients supported by strong advisory capabilities."
Despite the ongoing challenges from the pandemic, CIMB Private Banking saw impressive asset growth as a result of continued deepening of client relationships and alignment with client interests. The firm’s distinctive collaboration model and infrastructure, encapsulating various investment banking and corporate banking offerings, have worked well with its high net worth (“HNW”) clients in meeting their personal as well as corporate needs.
CIMB Private Banking, marking its 20th year anniversary this year, is an industry pioneer in Malaysia with a regional presence that includes Singapore and Indonesia. Today, CIMB Private Banking offers a comprehensive suite of solutions that includes investments, credit solutions, integrated banking, as well as wealth and succession planning. With its ASEAN network and cross-border capabilities, CIMB Private Banking is well placed to meet the diverse needs of today’s HNW individuals.
The Asiamoney Asia Private Banking Awards are presented annually to outstanding financial institutions who demonstrate an ability to meet strategic targets and are differentiated from their competitors in terms of their performance, strategy, and client offerings.