CIMB clinches three major wins at TAB Global Transaction Finance Awards 2026

15 May 2026

Kuala Lumpur: CIMB Bank Berhad (“CIMB” or “the Bank”) has been recognised for its regional market leadership and digital transformation, winning three major awards at the TAB Global Transaction Finance Awards 2026 for Best Regional Transaction Bank in Asia-Pacific, Best Transaction Bank in Malaysia and Best Cash Management Bank in Malaysia. 

The Bank has also been named Best Corporate, Investment and Wholesale Bank in Malaysia under TAB Global World’s 100 Best Corporate, Investment and Wholesale Banks Ranking 2026.

TAB Global attributed this recognition to CIMB’s strong regional market leadership, continued digital transformation and consistent execution across its transaction banking franchise. Central to this achievement was the rollout of CIMB OCTO Biz app in Malaysia and Indonesia, with expansion to Singapore and Cambodia planned for the second half of 2026. In Malaysia, the app delivered a record rollout, migrating 232,000 customers, the fastest among peer banks, facilitating 12 million transactions worth over RM30 billion, maintaining a 99% success rate for each batch. Digital active customers rose from 12% to 15%, supported by improved operational efficiency and strong user feedback, with 23% highlighting its ease of use versus previous systems.

Lawrence Loh, Co-Chief Executive Officer, Group Commercial and Transaction Banking, CIMB said, “This recognition as Asia-Pacific’s best regional transaction bank reflects the strength of our regional franchise and our continued focus on delivering seamless, customer-centric solutions. Through platforms like CIMB OCTO Biz and strategic partnerships for cross border capabilities, we are enhancing how businesses manage payments, collections and liquidity across markets. We will continue to accelerate innovation, strengthen regional connectivity and ensure our digital solutions remain robust and customer-centric to support the evolving needs of the ASEAN business community, in line with our Forward30 strategy.”

The Bank’s win was further reinforced by its support of the national initiative, BUDI95, where CIMB leveraged its robust transaction banking infrastructure to facilitate the government’s targeted subsidy rollout, alongside developing a payment platform that enables efficient, secure, and scalable collection and processing of fuel subsidy assistance, supporting seamless, high-volume transactions. The Bank strengthened its domestic and cross-border payments and collections capabilities across domestic and regional markets for non-retail clients to better optimise liquidity and trade flows. This was reinforced by CIMB’s two-way partnership with PingPong, allowing wholesale and SME clients to access competitive cross-border payments and manage international collections directly within the CIMB ecosystem. 

TAB Global also recognised CIMB’s first-of-its-kind digital lending SME FlexiCash, which enables businesses to convert transaction history into immediate working capital and improving liquidity access. In parallel, the Bank enhanced its Online Business Current Account (“OBCA”) platform with full eKYC for sole proprietorships, streamlining onboarding and reducing reliance on branch visits.

The Bank remains committed to delivering innovative and future-ready financial solutions that support business growth. Through integrated cash management capabilities and CIMB OCTO Biz, it provides secure, real-time and customisable tools to help businesses optimise operations and cash flow. More than just a bank, CIMB stands as a trusted partner to businesses across ASEAN, helping them navigate an increasingly complex regional financial landscape. These accolades reflect its market leadership, building on its recent recognition as Best SME Bank in Malaysia at The Asian Banker Global Excellence in Retail Finance Awards 2026.

CIMB celebrates notable wins at the TAB Global Transaction Finance Awards 2026. Pictured receiving the award is Lawrence Loh, Co-Chief Executive Officer, Group Commercial and Transaction Banking, CIMB Group accompanied by (L-R), Sandeep Sethi, International Resource Director, TAB Global, Abdul Jalil Jalaludin, Regional Head, Strategy and Business Management, Group Transaction Banking, CIMB, Winston Ng, Regional Head, Payments and Receivables, Group Transaction Banking, CIMB,  Alvin Ang, Regional Head of Trade Finance Product, CIMB and Mathew Welch, International Resource Director, TAB Global.