CIMB Wins Best Islamic SME Award

CIMB Islamic Bank Bhd and CIMB Bank Bhd have been recognized with prestigious accolades, winning the awards for Best Islamic Bank and Best Bank for SMEs in Malaysia at the Asiamoney Best Bank Awards 2021. These honors reflect the bank’s exceptional leadership and unwavering commitment to innovation, as well as its dedication to supporting the growth and success of its customers.

In a statement, CIMB emphasized that the awards celebrate the collective efforts of its Islamic and commercial banking divisions, which have worked closely to drive forward customer-focused innovations. The bank has consistently prioritized the development of innovative products, enhanced features, and an improved customer experience across all its services. These achievements highlight CIMB’s ongoing commitment to ensuring that its customers not only benefit from superior financial solutions but also enjoy a seamless banking experience.

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CIMB’s approach is not limited to innovation in products and services but extends to addressing the broader challenges faced by its customers. Throughout the pandemic, CIMB introduced various repayment assistance and financing programs to help individuals and businesses manage economic difficulties. This proactive approach ensured that customers facing financial hardship had access to the support they needed, reinforcing the bank’s role as a reliable partner during challenging times.

Ahmad Shahriman Mohd Shariff, Chief Executive Officer of CIMB Islamic Bank, expressed pride in the bank’s continued leadership in Islamic finance. “CIMB Islamic has taken meaningful steps to advance the Islamic finance industry, guided by the principles of value-based intermediation (VBI). Our focus is on delivering practices and offerings that generate a positive and sustainable impact on the economy, society, and environment,” he said. He added that the bank’s recognition was a testament to the significant difference it has made in the lives of its customers and the communities it serves.

Victor Lee Meng Teck, Chief Executive Officer of CIMB Group Commercial Banking, echoed these sentiments. He expressed satisfaction with the bank’s ability to deliver innovations that cater to the evolving needs of its SME customers. “We are honored to have contributed to improving our customers’ financial journeys, while also extending support to communities in need,” said Lee. He thanked CIMB’s customers for their continued trust, recognizing their integral role in the bank’s success in securing the prestigious award.

CIMB’s strong showing at the Asiamoney Best Bank Awards 2021 highlights its commitment to excellence in both Islamic and commercial banking. The bank’s dedication to innovation, coupled with its support for SMEs and customers facing adversity, demonstrates its leadership in the Malaysian banking sector and its vision for the future. These awards reaffirm CIMB’s role as a key player in driving positive change in the financial industry while delivering sustainable value to its customers and communities.