CIMB Bank Berhad is one of the entities of CIMB Group Holdings Berhad. CIMB stands for Commerce International Merchant Bankers and has been operating in Malaysia since 1949. Founded in Kuching, Sarawak in 1924 under the name Bian Chiang Bank, this financial group has since expanded its growth throughout the world.
Currently, CIMB Group Holdings have a presence in Brunei, Cambodia, Hong Kong & China, India, Indonesia, Korea, Laos, Myanmar, Singapore, Sri Lanka, Thailand, United Kingdom, United States and Vietnam; besides Malaysia. CIMB Bank Berhad offers several personal financing plans, including conventional and Islamic.
CIMB Cash Plus personal financing is an unsecured conventional personal loan, while CIMB Xpress Cash Personal Financing-I is an unsecured Islamic personal financing. CIMB Xpress Cash Personal Financing-I is offered under CIMB Islamic, a franchise of CIMB Group. CIMB Islamic was established as a financial institute that complies with Shariah principles under the guidance of their own in-house CIMB Islamic Shariah Committee, to offer Islamic Banking services.