CIMB Group has had a presence in Singapore since 2005 following the acquisition of G. K. Goh Stockbrokers Pte. Ltd. - a reputable pan-Asian stockbroking franchise with business operations in Singapore, Indonesia, Thailand, Hong Kong, the United Kingdom and the United States. This led to the formation of CIMB Securities (Singapore)*, the Group's international capital markets arm. We have since expanded our services to the retail segment through CIMB Bank, a fully-licensed bank catering to Singaporean consumers. Singapore represents an important strategic hub for our Southeast Asian presence as a regional universal banking group with substantial expertise across capital markets, asset management and retail financial solutions. Customers can access the combined knowledge and expertise of CIMB Group through the following services in Singapore: - Financial Advisory
- Corporate Finance
- Underwriting, management and distribution of initial public offerings
- Capital Markets
- Brokerage
- Investment Research
- Treasury and Derivatives
- Corporate Banking
- Global Loan Syndication / Structured Trade Finance
- Corporate and Capital Restructuring
- Wholesale Banknotes
- Retail Banking
- Business Banking
- Islamic Banking
The Group has built strong credibility through its investment banking and capital markets-related offerings. In 2008, CIMB Securities (Singapore) was ranked as No. 1 Mergers & Acquisitions (M&A) advisor by value and number of deals in the Mid Market segment*, as well as No. 1 M&A advisor in Asia (ex-Japan) by number of deals*. CIMB Securities (Singapore)'s investment banking function was transferred to CIMB Bank Berhad, Singapore Branch in June 2009. In retail securities, our strong brokerage franchise provides access through broker-assisted trade services, supported by award-winning research. In the Starmine Awards for 2008, CIMB Securities (Singapore) was recognised as one of the top 5 brokerage houses in Asia. Complementing our conventional brokerage services, CIMB Securities (Singapore)'s online trading portal provides investors direct trading access to local and foreign bourses. In retail banking, the Group, through the brand platform of CIMB Bank, has now expanded its capabilities to offer a full range of financial products and services to Singaporeans of all distinctions, leveraging on our extensive regional branch network and resources. We pride ourselves on our strong service proposition, bringing our Singapore customers innovative financial products and services that maximise value for money in a competitive market. CIMB Bank employs one of the largest teams of mobile personal bankers on the island, giving clients the convenience of a bank that goes to them. * Thomson Financial 2008 |