CIMB ACCELERATES SME AND CROSS-BORDER EXPANSION WITH OVER RM4.2 BILLION DEPLOYED ACROSS JOHOR–SINGAPORE SPECIAL ECONOMIC ZONE

JOHOR BAHRU, Feb 9 (Bernama) -- CIMB Bank Berhad and CIMB Islamic Bank Berhad (“CIMB” or “the Bank”) reaffirmed their strong commitment to advancing customers and society via crossborder growth and SME expansion within the Johor–Singapore Special Economic Zone (“JS-SEZ”), with over RM4.2 billion of CIMB’s RM10 billion dedicated funding already achieved to date. Of this amount, almost one-third has been extended to small and medium enterprises (“SMEs”), translating into RM1.15 billion in financing support to SMEs across the zone.

The progress was highlighted in conjunction with Forward Future SME 2026, a session jointly organised by CIMB in collaboration with the Malaysian Investment Development Authority (“MIDA”) and the Iskandar Regional Development Authority (“IRDA”). The session marked the first dedicated SME-focused platform of its kind in Johor, bringing together SMEs, investors, policymakers and ecosystem partners and attracting close to 220 participants from across the JS-SEZ and Singapore.