Badlisyah Abdul Ghani, CEO of CIMB Islamic Bank of Malaysia and Md. Ehsan Khasru, CEO of Prime Bank Limited attended a signing ceremony in CIMB Bank Head Office in Kualalumpur. Prime Bank Limited is now a strategic partner to render remittance service through “CIMB Islamic Money Transfer “from CIMB Bank’s global operations. This is a milestone in Prime Bank’s effort in increasing remittance in the country from NRBs working in different countries.

Anand Kadakol, EVP, Naushad Hussain, SVP, CIMB Investment Bank Bhd, and officials of CIMB Group Sdn Bhd. attended the ceremony from CIMB Group. Habibur Rahman, SEVP & Head of ID, and Mostafa Hassan, CEO of Prime Exchange Co. Pte. Ltd. Singapore (PEC) from Prime Bank Ltd were also present in the program.

It may be mentioned here that CIMB Group Bhd. and its financial institutions have wide presence in South East Asia region. This is going to give PBL opportunities in furthering Prime Bank’s banking and trade finance businesses with CIMB in the ASEAN region. CIMB Bank has also expressed keen interest to provide their banking services to PBL and its fully owned subsidiary PEC to collaborate with PEC’s ongoing effort to make third country remittance such as to Philippines, Indonesia, Vietnam, etc.