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Monetary Authority of Singapore
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CIMB Bank |
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CIMB Bank
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CIMB Bank is
one of largest commercial bank in Malaysia and one of the largest
regional banks in
Southeast Asia. As a
Full Banks in
Singapore, CIMB Bank may provide the whole range of commercial banking
business approved under the Banking Act. CIMB Bank provide a wide
range of corporate banking and treasury management services in Singapore and
across Southeast Asia.
The bank's coverage specialists and product professionals work together to
leverage CIMB Bank's regional strength to meet clients' comprehensive
needs including working capital needs, treasury management, trade finance &
solutions, capital raising, risk management, forex and fixed income.
With a
global network of intermediaries and counterparties, CIMB Bank offer access to a wide range of investment products and solutions
backed by reliable, unbiased and consistent advice.
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Besides commercial banking, which includes
deposit taking, the provision of cheque services and lending, CIMB Bank may
also carry on any other business which is regulated or authorized by
MAS, including financial advisory services, insurance broking and
capital market services. |
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other banks in
Singapore |
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CIMB Bank
Incorporated in : Malaysia
Category : Full Banks
Address :
50 Raffles Place #09-01
Singapore Land Tower
Singapore 048623
Telephone : +65 6337 5115 (General)
Facsimile : +65 6337 5335
SWIFT Code : CIBBSGSG |
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Commercial banks in Singapore are licensed under and governed by the Banking
Act. They may undertake universal banking. Besides commercial banking, which
includes deposit taking, the provision of cheque services and lending, the
banks may also carry on any other business which is regulated or authorised
by
MAS, including financial advisory services, insurance broking and
capital market services. (Section 30 of the Banking Act defines the
permissible activities). Commercial banks and their representatives do not
have to be separately licensed to carry out such activities, but must comply
with the business conduct requirements prescribed in the Financial Advisers
Act (FAA), Insurance Act (IA) and Securities and Futures Act (SFA)
accordingly.
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