CIMB wins award

KUALA LUMPUR: CIMB Investment Bank was conferred Asia's Domestic Bank of the Year in 2013 by the International Finance Review (IFR) Asia magazine.

The award recognises CIMB's success in realising its regional ambition and delivering a defined growth strategy among many Asian banks that are pushing for a bigger share of Asia's investment banking business, the bank said in a statement today. 

"CIMB broke out of the comfort zone, reaping the benefits of an expanded investment banking platform and connecting issuers and investors across Asia," IFR Asia Editor Steve Garton was quoted as saying in the statement.

Last year, CIMB won the IFR Asia's Country Awards for Best Bond and Equity Houses in Malaysia. --