BERNAMA
CIMB Group Holdings Bhd has applied for new banking licences in Vietnam and Cambodia, group chief executive Datuk Seri Nazir Razak said today.
"We have applied for licences in Vietnam and Cambodia, that's all for the moment. But CIMB does have strategies for all other Asean markets," he said.
However, he did not reveal the details of the application or when the outcome is expected. CIMB Group's regional arms are CIMB Bank, CIMB Niaga in Indonesia and CIMB Thai.
He was speaking to reporters after a signing ceremony between CIMB Group and Japan Bank for International Cooperation for a US$300 million fund facility for businesses across Asean.
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