CIMB pledges S$2.98b to support Johor-Singapore SEZ

The platform offers tailored support services including fast-track account setup, regulatory guidance, and banking solution.

CIMB Group has pledged S$2.98b (RM10b) in funding to support business expansion and cross-border investment in the newly established Johor-Singapore Special Economic Zone (JS-SEZ), marking a significant move to accelerate regional economic integration.

Announced on 21 April 2025, the commitment includes the launch of the ASEAN Financial Passport, a new cross-border banking platform aimed at helping businesses navigate regulatory differences and operate seamlessly across the region.

The platform offers tailored support services, including fast-track account setup, regulatory guidance, and banking solutions for SMEs and corporates, such as SMEBizReady, GreenBizReady, and HalalBizReady.

To support this initiative, CIMB has deployed a dedicated team of 30 experienced bankers in Malaysia and Singapore to guide clients entering the zone. It currently operates 28 branches in Johor, with six designated to provide JS-SEZ-specific support, and is exploring new branch locations near the Johor-Singapore Rapid Transit System Link checkpoints.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit