CIMB Singapore
- Company typePrivate
- Founded2009
- HeadquartersSingapore, Singapore
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
CIMB Singapore firmographics
Firmographics- Name
- CIMB Singapore
- Legal name
- CIMB Bank Berhad
- Website
- https://cimb.com.sg
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Where CIMB Singapore is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
CIMB Singapore business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Net Interest Income: Interest income from lending products including personal loans, property loans, business loans, and credit card receivables, offset by interest paid on deposits. Core banking revenue stream from both retail and business lending.
- Transaction & Service Fees: Fees from account services (monthly fees, fall-below fees), transaction fees (telegraphic transfers, FAST, GIRO, PayNow), credit card annual fees, and loan processing fees.
- Foreign Exchange Revenue: Revenue from foreign exchange transactions including spread on currency conversions for cross-border transfers and treasury operations, particularly for SGD-MYR-IDR-THB corridors.
- Insurance Distribution: Commission income from distribution of third-party insurance products including general insurance (travel, car, home) and life insurance through bancassurance partnerships.
- Investment Products Distribution: Revenue from distribution of unit trusts, structured deposits, dual currency investments, and gold accounts. CIMB offers over 200 SRS-eligible investment products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Monthly | Savings accounts with tiered interest rates |
| Subscription | Annual | CIMB Founders Card annual fee |
| Subscription | Monthly | Personal loans with instant approval |
| Hybrid | Monthly | CIMB SGD Current Account |
| Hybrid | Monthly | CIMB SME Account |
| Hybrid | Monthly | CIMB BusinessGo Account |
| Transaction based/ take rate | Pay-as-you-go | Business Account - OTT Telegraphic Transfer |
| Transaction based/ take rate | Pay-as-you-go | FAST/GIRO/PayNow Business Transactions |
| Subscription | Monthly | Corporate E-Alerts Service |
| Hybrid | Monthly | CIMB USD Interest Plus Current Account - Promotional |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels6 records
CIMB Singapore product offering
Product offeringCore offering
CIMB Singapore is the Singapore branch of CIMB Bank Berhad, providing personal banking (savings, credit cards, personal and property loans, investments, insurance, remittance) and business banking (SME and corporate current accounts, working capital loans, trade finance, treasury, and digital banking platforms). It serves retail consumers, SMEs, and large corporates with a digital-first platform including CIMB Clicks, BizChannel@CIMB, CIMB FX Online, and API Gateway@CIMB, supported by dedicated relationship managers and ASEAN-wide cross-border banking capabilities.
Product overview
CIMB Singapore operates as a regional bank with a comprehensive digital banking platform and module-based product architecture spanning personal and business banking segments. Personal banking encompasses savings accounts (FastSaver, StarSaver, Junior Saver), credit cards including the Founders Card for entrepreneurs, personal and property loans, investment products (Unit Trusts, Gold Account, Dual Currency Investments, Structured Deposits, SRS), insurance (general and life), and digital banking via CIMB Clicks. Business banking includes SME accounts (SME Account, SME-i Account, BusinessGo, TransactPlus), current accounts (SGD, USD Interest Plus, Foreign Currency), business loans (BizGrow working capital, FlexiPay performance-linked financing, BizProp property financing, Sustainability-Linked Loans), digital platforms (FX Online, BizChannel@CIMB, API Gateway@CIMB, Host-to-Host Gateway@CIMB), trade finance, treasury services, and the SME Resilience Circle ecosystem partnership.
Differentiator
Problem solved
Functional benefit
Brands
- CIMB Founders Card: A financing card designed for SMEs, startups, micro enterprises and sole proprietorships, offering up to 114 days of 0% working capital, zero FX fees, and instant cash drawdowns.
- CIMB FX Online
- BizChannel@CIMB
- CIMB Preferred
- CIMB Pulse
Products and services
- CIMB Clicks Online and mobile banking platform for retail customers enabling account access, fund transfers, bill payments, and other financial services.
- CIMB FastSaver Account Digital savings account offering tiered bonus interest rates for personal banking customers with promotional fresh funds top-ups.
- CIMB StarSaver Savings Account Savings account for personal banking customers with promotional interest rates and digital access via CIMB Clicks.
- CIMB Junior Saver Account Savings account designed for children to help develop early financial habits.
- Credit Cards Range of consumer credit cards including cashback, rewards, and travel cards with various benefits and promotions.
- CIMB Founders Card Business financing credit card offering up to 114 days 0% working capital, instant cash drawdowns, zero FX fees, and business discounts for SMEs, startups, micro enterprises and sole proprietors.
- CIMB Personal Loan Unsecured personal financing for individuals with instant approval and zero repayment fee options.
- Property Loan Home financing solutions for residential property purchases and refinancing for individuals.
- CIMB Gold Account Digital gold investment account allowing customers to buy, sell and hold gold without physical delivery, with no custody fees and daily quoted prices.
- Supplementary Retirement Scheme (SRS) Tax-advantaged retirement savings scheme with investment options, allowing contributions up to S$15,300 for Singaporeans and PRs.
- Unit Trusts Collective investment schemes offering diversification across various asset classes and markets.
- Dual Currency Investments Structured investment product combining currency exposure with potential enhanced returns.
- Structured Deposits Capital-protected or structured deposit products with linked returns to market indices or assets.
- General Insurance General insurance products including travel insurance (CIMB TravelEASE), car insurance (CIMB PrivateCAR), and home insurance distributed through the bank.
- Life Insurance Life and health insurance products distributed through partnerships with insurance providers.
- Remittance International money transfer services including cross-border transfers to ASEAN and global destinations.
- CIMB SME Account Business account for SMEs with zero monthly fees for the first year, no minimum balance, and free PayNow/FAST/GIRO transactions via BizChannel.
- CIMB BusinessGo Account Premium SGD business current account with promotional interest, balance waivers, and enhanced transaction capabilities for SMEs.
- CIMB SGD Current Account Singapore dollar current account for businesses offering virtual account services, cheque facilities, and BizChannel access.
- CIMB USD Interest Plus Current Account USD-denominated interest-bearing account for businesses offering promotional interest up to 1.68% p.a. on new customer balances until 31 December 2026.
- CIMB Foreign Currency Current Account Multi-currency business account for managing foreign currency holdings and transactions.
- CIMB TransactPlus Account Business account offering cash rebates up to S$100, zero transaction fees, and enhanced digital banking features.
- CIMB BizGrow Collateral-free working capital loan offering up to S$400,000 quantum with a 5-year tenure for SMEs.
- CIMB FlexiPay Revenue-based SME financing with zero interest and a single upfront fee, aligned with business performance.
- CIMB BizProp Property financing solution for business owners to purchase commercial property or shop spaces.
- Sustainability-Linked Loan SME loan offering interest rebates when borrowers achieve pre-determined sustainability performance objectives.
- CIMB FX Online Digital foreign exchange platform enabling cross-border transactions for SMEs without a business account, offering guaranteed best rates for SGD-MYR, SGD-IDR, and SGD-THB with zero FX fees on the first transfer.
- BizChannel@CIMB Corporate online banking platform providing account management, payments, collections, and treasury services for business customers via web and mobile.
- API Gateway@CIMB API integration platform enabling business customers and partners to connect systems with CIMB's banking services.
- Host-to-Host Gateway@CIMB Direct system-to-system connectivity solution for corporate banking transactions and integration.
- CIMB@WORK Employee financial wellness programme offering exclusive banking benefits for salary crediting, credit cards, and personal loans.
- Trade Finance Import, export, and guarantee trade finance services including letters of credit and documentary credits for business customers.
- Treasury Services Foreign exchange and treasury solutions including forward contracts and hedging tools for managing currency risk.
- Commercial Banking Banking services for medium enterprises and middle corporates including loans, cash management, trade finance, and treasury.
- Corporate Banking Banking services for corporate clients including loans, treasury, e-supply chain financing, and partnership solutions.
- Financial Institutions Group Specialized banking services for financial institutions including asset managers, brokerages, insurance companies, and fintechs.
Quantifiable outcome
- Top 3 Consumer Bank in Singapore (The Straits Times Best Customer Service)
- +3 more outcomes
Companies that use CIMB Singapore
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
CIMB Singapore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature5 records
CIMB Singapore partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- Singapore Manufacturing FederationminorSustainability partnership during Great Green Run 2026 providing complimentary carbon footprint reports for SMEs participating in the event.
- Singapore Go Green 2026minorCIMB Singapore presented the third edition of Great Green Run 2026 at Marina Barrage as part of Singapore's Go Green 2026 initiative, featuring sustainability initiatives including plantable finisher medals and removal of single-use plastic cups.
- SinglifecorePartnership extended on 19 November 2025 to offer embedded insurance solutions for SMEs under CIMB's SME Resilience Circle ecosystem programme. Targets at least 30,000 retailers with mandatory protections including Work Injury Compensation Act coverage and employee benefits programmes. Collaboration aligns with CIMB FlexiPay working capital facility.
- Frasers PropertycoreFive-year strategic partnership signed November 2025 to provide financial solutions to over 2,000 tenants across 12 malls. Includes Singapore's first 'pay-as-you-earn' SME loan product. Initiative supports small and medium-sized enterprises with flexible financing and community social impact programs.
- CrediLinqcoreCIMB Singapore initiated the SME Resilience Circle collaboration with CrediLinq as a founding partner to support SME growth and resilience in Singapore and the region. CrediLinq contributes fintech capabilities to the ecosystem.
- KPaycoreSME Resilience Circle founding partner providing payment and financial technology solutions for SME ecosystem development.
- DocuSignminorBusiness discounts partner providing DocuSign services to CIMB Founders Card holders as part of business benefits package.
- Google WorkspaceminorBusiness discounts partner providing Google Workspace services to CIMB Founders Card holders as part of business benefits package.
- Ninja Van Dash ProminorLogistics partner providing discounted Ninja Van Dash Pro services to CIMB Founders Card holders for business delivery needs.
Scale indicators5 records
Recent moves2 records
Expansion highlights6 records
CIMB Singapore competitors and assessment
Company assessmentDirect peers
- DBS Bank: Singapore's largest bank and dominant retail/SME/corporate franchise. DBS is the primary direct competitor to CIMB Singapore across personal banking, SME, and transaction banking, with stronger local brand and larger market share.
- OCBC Bank: Major Singapore-headquartered bank with strong SME and wealth franchise across Southeast Asia. Direct competitor to CIMB Singapore in retail banking, SME lending, and ASEAN cross-border banking.
- UOB: Singapore's third major local bank with deep SME and ASEAN regional franchise, including significant Malaysia presence through prior acquisitions. Directly comparable to CIMB Singapore across retail, SME, and corporate banking.
- Maybank Singapore: Malaysian banking group's Singapore branch offering retail, SME, and corporate banking. Closest structural peer to CIMB Singapore given shared Malaysian parentage, similar ASEAN corridor focus, and comparable target customer segments.
- RHB Bank Singapore: Malaysian banking group's Singapore operations, offering similar retail, SME, and corporate banking products. Comparable foreign-branch setup targeting cross-border ASEAN clients and Singapore SMEs.
- Public Bank Singapore: Malaysian bank's Singapore branch focusing on retail and SME banking. Comparable foreign-branch peer serving Singapore consumers and SMEs with Malaysian regional connectivity.
Broad incumbents
- HSBC Singapore: Global universal bank with large Singapore presence across retail, wealth, commercial, and institutional banking. Overlaps with CIMB Singapore across corporate/SME/cross-border segments but operates globally with broader product portfolio.
- Standard Chartered Singapore: International bank with strong ASEAN regional presence and Singapore as a key hub. Competes with CIMB Singapore in cross-border trade, FX, and SME banking but with global rather than ASEAN-specific positioning.
- Citibank Singapore: Global consumer and institutional bank with significant Singapore operations. Overlaps with CIMB Singapore in credit cards, retail banking, and transaction services as part of a globally diversified portfolio.
Regional players
- Bank of China (Singapore): Chinese state-owned bank with Singapore branch offering corporate, institutional, and retail banking. Competes for ASEAN-China trade flows and corporate banking, partial overlap with CIMB's regional connectivity proposition.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CIMB Singapore social profiles
Digital presenceCIMB Singapore compliance and trust
Trust signalCompliance1 record
CIMB Singapore financial estimates
Financial estimateRevenue estimate
Valuation estimate
CIMB Singapore leadership team
Management profileNumber of profiles
Profiles1 record
CIMB Singapore funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CIMB Singapore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CIMB Singapore
What does CIMB Singapore do?
CIMB Singapore is the Singapore branch of CIMB Bank Berhad, providing personal banking (savings, credit cards, personal and property loans, investments, insurance, remittance) and business banking (SME and corporate current accounts, working capital loans, trade finance, treasury, and digital banking platforms). It serves retail consumers, SMEs, and large corporates with a digital-first platform including CIMB Clicks, BizChannel@CIMB, CIMB FX Online, and API Gateway@CIMB, supported by dedicated relationship managers and ASEAN-wide cross-border banking capabilities.
Is CIMB Singapore a public or private company?
CIMB Singapore is a private company. It is classified as corporate owned and is currently operating.
When was CIMB Singapore founded?
CIMB Singapore was founded in 2009. It employs 501 to 1,000 people.
Where is CIMB Singapore based?
CIMB Singapore is headquartered in Singapore, Singapore, in the Asia region.
How does CIMB Singapore make money?
Five revenue lines are on record. Net Interest Income is the primary driver. The others are transaction & Service Fees, foreign Exchange Revenue, insurance Distribution and investment Products Distribution.
Who are CIMB Singapore's main competitors?
Direct peers on record are DBS Bank, OCBC Bank, UOB, Maybank Singapore, RHB Bank Singapore and Public Bank Singapore. Broad incumbents are HSBC Singapore, Standard Chartered Singapore and Citibank Singapore. Bank of China (Singapore) is listed as a regional player.
Does CIMB Singapore have an API?
Yes. API Gateway@CIMB enables business customers and partners to integrate with CIMB's banking services. Host-to-Host Gateway@CIMB provides direct system-to-system connectivity for corporate banking transactions.