PT CIMB Niaga Tbk

About PT CIMB Niaga Tbk

CIMB Niaga was founded as Bank Niaga in 1955. 97.94% of CIMB Niaga's shares are owned by CIMB Group as the majority shareholder. The bank offers complete conventional and sharia banking products and services through 974 office networks throughout Indonesia as of September 30, 2013, consisting of 585 branch offices, 350 Mikro Laju (including 21 outlets integrated into branch offices), and 60 cash offices and payment points. CIMB Niaga has more than 14,000 employees spread across the country. CIMB Niaga invites the public to grow together and utilize the potential that exists in the Southeast Asian region, in line with CIMB Group's brand positioning, "ASEAN For You". CIMB Group is the second largest financial services company in Malaysia as well as one of the leading universal banking business groups in ASEAN. Its products and services include consumer banking, investment banking, sharia banking, asset management, and insurance. CIMB Group is headquartered in Kuala Lumpur and operates in 8 out of 10 ASEAN member countries (Malaysia, Indonesia, Thailand, Singapore, Cambodia, Brunei, Vietnam, and Myanmar). In addition to the ASEAN region, CIMB Group also has offices in China, Hong Kong, Bahrain, India, Sri Lanka, Taiwan, Australia, the United States, the United Kingdom, and Korea. CIMB Group shares are listed on the Malaysia Stock Exchange through CIMB Group Holdings Berhad. The market capitalization of this business group reached USD 17.6 billion as of September 30, 2013. It has more than 41,000 employees spread across 17 countries.