CIMB Bank relocates commercial banking centre

CIMB Bank relocated its commercial banking centre from Jalan Barat to Wisma BU8, Petaling Jaya.

The bank said the 8,000 square feet office will be the largest commercial banking centre offering financial solutions for small-and-medium enterprises and middle-sized corporations including working capital and capital expenditure financing, cash management, trade finance and treasury services.

"Although the operating environment is affected by uncertainties in the global economic downturn, we are still optimistic that growth in the economic sector will continue to drive demand," said Renzo Viegas, CIMB Group Deputy Chief Executive Officer and Head of Consumer Banking.

Currently, CIMB Bank maintains 45 commercial banking centres and trade service centres across the country with a network of 26 regional centres and desks in Singapore, Indonesia, Thailand, Singapore and Cambodia as a proposition to extend its customers' reach to a wider Asean platform.