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CIMB
CIMB Group Holdings Berhad () is a Malaysian universal bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. CIMB has a wide retail branch network with 1,080 branches across the region. The group operates under several entities, which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai. The group's business activities are primarily in the areas of Consumer Banking, Wholesale Banking, comprising Investment Banking and Corporate Banking, Treasury & Markets, and Group Strategy & Strategic Investments, with its core markets being Malaysia, Indonesia, Singapore and Thailand. CIMB Islamic operates in parallel with these businesses, in line with the group's dual banking model. The group has around 33,000 employees in 18 countries, covering ASEAN and major global financial centres, as well as countries in which its customers have significant busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIMB Niaga
PT Bank CIMB Niaga Tbk is Indonesia's sixth largest bank by assets, established in 1955. CIMB Niaga, which is majority-owned by CIMB Group, is the largest payment bank in terms of transaction value under the Indonesian Central Securities Depository. With 11% of market share, CIMB Niaga is the third largest mortgage provider in Indonesia. History Bank Niaga The bank was first established in 1955 as a national private bank. In 1969 when crisis hit the private sector in Indonesia, Bank Niaga remained sound and was eligible for Bank Indonesia’s Guarantee. Then in November 1974, Bank Niaga revamped its business plans and became a full service public bank to better meet the demands of customers. After a merger period with several other commercial banks, the function and individuality of the Bank were restored in 1975. The status was resumed to that of a state-run commercial bank. The official name was changed to "Bank Niaga 1955". In 1976, the bank launched a Professional Loan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wee Kheng Chiang
Wee Kheng Chiang (; 1890–1978) was a Malaysian Chinese businessman of Kinmen, Quemoy Hoklo, Bân-lâm Hoklo ancestry who founded the United Chinese Bank (now United Overseas Bank) and Bian Chiang Bank (now known as CIMB Group). He was the father of Wee Cho Yaw, Chairman Emeritus & Adviser of the United Overseas Bank. Early life Wee was born into a Hoklo people, Hoklo family with ancestry from Kinmen, Quemoy island on 22 July 1890 in Kuching, Kingdom of Sarawak, Sarawak, a British protectorate (now part of Malaysia). He was the family's second-to-eldest son. His father was Wee Tee Yah (died 1889), and his mother was Song Kim Keow, a local born widow. The younger Wee attended St. Thomas' National Secondary School, Saint Thomas Secondary School and spoke both Hokkien as well as English fluently. Career In 1924, Wee established the Bian Chiang Bank (now known as CIMB Group) in his hometown Kuching. In 1975, Fleet Group Sdn Bhd bought a 100% stake in Bian Chiang Bank, making ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Touch 'n Go
Touch 'n Go is a contactless smart card system used for digital currency, electronic payments in Malaysia. The system was introduced in 1997 and is widely used for toll payments on Malaysian Expressway System, highways, public transportation, parking, and other services. The card is equipped with a Radio-frequency_identification, radio-frequency identification (RFID) chip that allows users to make payments by simply tapping the card on a reader device. Touch 'n Go cards can be reloaded with funds either online or at designated reload kiosks. The system has become a popular and convenient way for Malaysians to make cashless transactions. History Touch 'n Go was developed by Teras Teknologi Sdn Bhd while the brand and the Real Time Gross Settlement (central clearing house systems) are owned and operated by Rangkaian Segar Sdn Bhd, now known as Touch 'n Go Sdn Bhd. The first Touch 'n Go system was installed and used at Jalan Pahang Toll Plaza on 18 March 1997. It was then immedia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Khazanah Nasional
Khazanah Nasional Berhad (; Trade name, traded as Khazanah Nasional or simply Khazanah) is the sovereign wealth fund of the Government of Malaysia. One of the largest sovereign wealth funds in the world, it was established to invest surplus revenues for Malaysia. Through its investments and activities, the fund seeks to deliver sustainable economic and societal benefit for the nation. This includes achieving long-term risk-adjusted returns across the portfolio, as well as undertaking investments that catalyse new growth areas, strengthen Malaysia’s economic competitiveness, and contribute to priority socioeconomic outcomes. Headquartered in Kuala Lumpur, it has regional offices in the United States, Turkey, China, United Kingdom and India. Khazanah's portfolio covers a broad spectrum of sectors. Its key focus investment areas include Leisure & Tourism, Banking, Sustainable Development, Healthcare and Consumerism. While it does not receive regular capital infusions, Khazanah ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tengku Razaleigh Hamzah
Tengku Razaleigh bin Tengku Mohd Hamzah (Jawi alphabet, Jawi: تڠکو غزالي بن تڠکو محمد حمزة; born 13 April 1937) is a Malaysian people, Malaysian politician who served as the Dewan Rakyat, Member of Parliament (MP) for Gua Musang (federal constituency), Gua Musang from August 1986 to November 2022 and for Ulu Kelantan (federal constituency), Ulu Kelantan from August 1974 to August 1986. He is the List of longest-serving members of the Malaysian Parliament, longest-serving MP to date, serving from 1974 until 2022, for 48 years in a row. He is sometimes referred to as the ''Father of Malaysian Economic Development'' for playing a pivotal role in establishing and implementing key foundations and policies in Malaysian economy. A descendant of Malay royalty, he is a great-uncle of the current Sultan of Kelantan, Muhammad V of Kelantan, Sultan Muhammad V. He was the Ministry of Finance (Malaysia), Minister of Finance (1976–1984), Ministry of International Trad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Edge (Malaysia)
The Edge Media Group is the publisher of business and financial publications in Malaysia and Singapore, with headquarters in Petaling Jaya, Selangor, Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre .... It is divided into four subsidiaries: The Edge Communications Sdn Bhd, publisher of ''The Edge Malaysia'' – a Business and investment weekly publication launched in 1994 available in both print and digital formats and ''The Edge CEO Morning Brief'' – a digital business and political news publication available every Tuesday-Friday morning, The Edge Publishing Pte Ltd, publisher of ''The Edge Singapore'' – a local newspaper with in-depth and analytical coverage on business and investments within Singapore and across the region, The Edge Property Sdn Bhd and The Edge Proper ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking
Islamic banking, Islamic finance ( ''masrifiyya 'islamia''), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include '' mudarabah'' (profit-sharing and loss-bearing), '' wadiah'' (safekeeping), '' musharaka'' (joint venture), '' murabahah'' (cost-plus), and '' ijarah'' (leasing). Sharia prohibits ''riba'', or usury, generally defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Tokyo-Mitsubishi UFJ
is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG was created in 2005 by merger between and UFJ Holdings (株式会社UFJホールディングス; ''kabushikigaisha yūefujei hōrudingusu''). These two groups in turn brought together multiple predecessor banks including Mitsubishi Bank (est. 1880), Yokohama Specie Bank (est. 1880 as a policy bank, reorganized after World War II as Bank of Tokyo), Sanwa Bank (est. 1933 by merger of prior institutions), and Tokai Bank (est. 1941 by merger). MUFG holds assets of around US$2.7 trillion as of 2024 and is the parent company of fully-owned MUFG Bank (branded Bank of Tokyo Mitsubishi UFJ or BTMU until July 2018), Mitsubishi UFJ Trust and Banking Corporation, Mitsubishi UFJ Securities, Mitsubishi UFJ Capital, and MUFG Americas Holdings Corporation; majority shareholder of Bank Danamon in Indonesia, Bank of Ayudhya in Thailand, and Mitsubishi UFJ NICOS in Japan; and a large ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuching
Kuching ( , ), officially the City of Kuching, is the capital and the most populous city in the States and federal territories of Malaysia, state of Sarawak in Malaysia. It is also the capital of Kuching Division. The city is on the Sarawak River at the southwestern tip of Sarawak on the island of Borneo and covers an area of with a population of about 162,843 in the Kuching North administrative region and 351,815 in the Kuching South administrative regiona total of 514,658 people. Kuching was founded by the representative of the Sultan of Brunei in 1827. It was the third capital of Sarawak in 1827 during the administration of the Bruneian Empire. In 1841, Kuching became the capital of the Kingdom of Sarawak after the territory in the area was ceded to James Brooke for helping the Bruneian Empire in crushing a rebellion particularly by the interior Borneo-dwelling Bidayuh, Land Dayak people who later became his loyal followers after most of them were pardoned by him and joined ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Bank
Standard Bank (officially Standard Bank Group Limited) is the largest bank in Africa, as well as the continent's biggest lender by assets. The company's corporate headquarters, Standard Bank Centre, is located in Johannesburg, Gauteng. The bank has a presence in over 20 Sub-Saharan African countries, 4 global centers, and 2 offshore hubs, for a total of 26 countries of operation. History The bank now known as Standard Bank was formed in 1862 as a South African subsidiary of the British overseas bank Standard Bank, under the name The Standard Bank of South Africa. The bank's origins can be traced to 1862, when a group of businessmen led by the prominent South African politician John Paterson formed a bank in London, initially under the name Standard Bank of British South Africa. The bank started operations in 1863 in Port Elizabeth, South Africa, and soon after opening it merged with several other banks including the ''Commercial Bank of Port Elizabeth'', the Colesberg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
