CIMB Bank Ready to Help Indonesian Businessman Business Development In Malaysia

Indonesian businessmen in Malaysia, Indonesia member Trade Association (ITA) got an offer to obtain credit CIMB Bank untuik develop their businesses. Opportunities are offered in the event Raya Open House Forum: Business and Financing Opportunities in Malaysia at Menara Bumiputera Commerce, Kuala Lumpur (22 / 9). The event is supported business meeting Embassy in Kuala Lumpur was attended by members of the Indonesian Trade Association (ITA), Malaysian entrepreneurs who are clients of CIMB Bank, CIMB Bank Berhad officials and officials from the Embassy in Kuala Lumpur and other invitations which in total amounted to 80 people.

Credit will be granted on condition that employers have the assurance collateral ITA members both in Malaysia and Indonesia. This is a way out of the constraints faced by Indonesian businessman over the years, that foreign entrepreneurs often face difficulties to get credit facilities from banks of Malaysia, mainly because of collateral and track record of business they are mostly found in Indonesia.

The event was opened by Mr. Peter England (Head of Retail Banking, CIMB Bank Berhad) and continued with the opening speech by Ambassador to Malaysia, Da'i Bachtiar. In his speech, the ambassador said that relations between Indonesia - Malaysia always full of dynamics. Recent months the issue of border and migrant workers re-surfaced. However, the Government of both countries have a strong commitment to always solve all the problems that arise with the good and peace, so that these issues do not interfere with the relationship and cooperation in other sectors, including economic relations.

Forum Raya Open House: Business and Financing Opportunities in Malaysia to bring 3 persons namely Mr speaker. Suresh Kumar (Regional Rates and Foreign Exchange Strategies, CIMB Investment Bank Berhad) which address the development of the exchange rate of the world's major currencies (U.S. $, Euro, Pound Sterling, etc.) against the regional currencies including the amount and the Ringgit and the impact on the business world. While Ms. Jade Lee (Head of Preferred Banking, CIMB Bank Berhad) to provide information relating to products CIMB Bank Berhad. Another speaker is Mr. Wan Ban Ong (Head of Business Development, Commercial Banking, CIMB Bank Berhad) said that CIMB Niaga with 650 branch offices and the number of ATMs (Automatic Teller Machines) as much as 1262 that spread throughout Indonesia, accounts for 20% of the profits of CIMB Group and targeted to 40% in 2014. (Source: Embassy in Kuala Lumpur)