Tagged: CIMB Group

Malaysia: CIMB Group Increases Sustainable Finance Target to RM60 Billion by 2024

CIMB Group Holdings Berhad strengthened its sustainability commitment by doubling its sustainable finance target to RM60 billion by 2024 “under the Group’s Green, Social, Sustainable Impact Products and Services (GSSIPS) Framework.” The increased target was announced during the opening of CIMB’s flagship The Cooler Earth… Read More

Ant Group and CIMB Owned Online Wallet Provider TNG Digital Is Reportedly Planning to Secure $150M to Support Expansion Efforts

TNG Digital, the digital wallet provider that was launched via a joint initiative between CIMB Bank and China’s Ant Financial (now Ant Group), is reportedly planning to secure $150 million in capital according to a recent report from Reuters. The Malaysian digital wallet operator, owned… Read More

CIMB Bank Berhad’s Singapore Branch Conducts Blockchain-based Structured Trade Finance Transaction on iTrust’s Platform

The Singapore division of CIMB Bank Berhad carried out a structured trade finance transaction on a blockchain-based and internet of things (IoT) platform, developed by iTrust. The transaction reportedly involved the financing of Chinese imported dairy products and may generate yearly transaction flows of approximately… Read More

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