Asia’s CIMB Group Joins RippleNet To Enhance Cross Border Payments in the ASEAN Region0.87

The CIMB Group, which is headquartered in Kuala Lumpur and one of the largest banks in ASEAN (Association of Southeast Asian Nations), has partnered with Ripple to enhance instant cross-border payments across CIMB’s markets. The partnership involves CIMB joining RippleNet that consists of over 100 global banks and financial institutions.

On the other hand, CIMB group has a wide retail network of over 1,000 branches in the ASEAN region. The group operates under several entities which include CIMB Investment Bank, CIMB Bank, CIMB Islamic, CIMB Niaga, CIMB Securities International and CIMB Thai.

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