CIMB Group has solidified its position as a major finance industry player in the ASEAN region after it took three ‘Asia Risk’ awards.

CIMB Group bagged Asia Risk’s 2012 Regional House of the Year award and CIMB Bank won the House of the Year, Malaysia award for the seventh consecutive year. Meanwhile, CIMB Niaga was named House of the Year, Indonesia. 

CIMB Principal Asset Management, part of the CIMB Group, is the investment adviser for Cornhill Management’s WIOF South-East Asia Performance Fund and investment manager for its WSF Asia Pacific Shariah Growth Fund. 

The group’s ‘Asia Risk’ titles – prestigious regional awards given out by top finance magazine Asia Risk in recognition of superior derivatives and risk management capabilities and practices – are the latest in a long line of awards this year.
CIMB won the Best FX Products and Services in Asia Pacific; Best Foreign Provider for Overall FX Services (Indonesia and Thailand); and Best Overall Domestic Provider for FX services (Malaysia) in polls for regional finance publication ‘Asiamoney’.

Dato’ Lee K. Kwan, Deputy CEO of CIMB Group, said: “These awards reflect our commitment to provide superior and value-enhancing solutions in rates, credit, FX, commodity, cash management and bonds, loan and trade financing to our customers across the region.”