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Islamic Finance Briefing - Categorized | Banking, Performance more

CIMB wants 22pct retail deposits growth

Posted on 11 February 2010

From Btimes.com.my: CIMB Bank Bhd expects a 22 per cent growth or an additional RM8 billion in retail deposits by year-end, supported by continuous promotion campaigns and new product launches. Head of Retail Banking Peter England said the bank’s current total retail deposits stood at RM35 billion, of which, 35-40 per cent came from Islamic banking.

“The target is achievable as we will continuously organise campaigns, provide good service and offer unique innovative products,” he told reporters after launching the “Go For Gold”, a nationwide deposit campaign, here today………………………………….Full Article: Source

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