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BANKING TECHNOLOGY | Staff Reporter, Malaysia

CIMB launches one-stop solutions platform for businesses

Find out what the three value propositions of Biz123 are.

CIMB Bank (M) Berhad recently launched Biz123, a holistic one-stop platform that offers a complete range of solutions for businesses, from sole proprietorships and enterprises to SMEs. 

Biz123's value proposition was premised on three key points - fast and easy; complete solutions and one-stop support - that were aimed at helping businesses grow and prosper.

The first value proposition, Fast and Easy Tools, includes, among others, convenient online account opening; instant account number upon completion of application; e- lerts on account activities via BizAlert; simpler documentation; and faster loan disbursement upon receiving complete documentation (for selected industry segments).

The second value proposition, Complete Solutions, meets businesses' needs via a wide range of products ranging from accounts and deposits, financing for purchase of commercial, industrial and residential properties as well as various other business-focused packages.

The third value proposition, One-Stop Support, offers, among others, a dedicated business call centre; a new website ( designed to cater to business owners; and dedicated relationship managers for businesses.

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