KUALA LUMPUR, 16 May 2026 (The Capital Post) — CIMB Bank Berhad has strengthened its position as a leading regional banking group after securing three major accolades at the TAB Global Transaction Finance Awards 2026, reflecting its strong regional market leadership and ongoing digital transformation efforts.
The bank was named Best Regional Transaction Bank in Asia-Pacific, Best Transaction Bank in Malaysia, and Best Cash Management Bank in Malaysia. CIMB was also recognised as the Best Corporate, Investment and Wholesale Bank in Malaysia under the TAB Global World’s 100 Best Corporate, Investment and Wholesale Banks Ranking 2026.
According to TAB Global, the recognition was driven by CIMB’s consistent execution across its transaction banking franchise and the continued expansion of its digital banking ecosystem, particularly through the CIMB OCTO Biz app. The platform, which has already been rolled out in Malaysia and Indonesia, is expected to expand into Singapore and Cambodia in the second half of 2026.
In Malaysia, CIMB OCTO Biz recorded the migration of 232,000 customers, facilitating over 12 million transactions worth more than RM30 billion while maintaining a 99 per cent success rate for each batch. The platform also contributed to an increase in digital active customers from 12 per cent to 15 per cent.
Lawrence Loh, Co-Chief Executive Officer of Group Commercial and Transaction Banking at CIMB, said the recognition reflects the strength of the bank’s regional franchise and its commitment to delivering seamless and customer-centric banking solutions for businesses across ASEAN.
He added that CIMB would continue accelerating innovation and strengthening regional connectivity through digital solutions that support the evolving needs of the ASEAN business community in line with the bank’s Forward30 strategy.
The bank’s achievements were further supported by its involvement in the government’s BUDI95 initiative, where CIMB leveraged its transaction banking infrastructure to facilitate targeted fuel subsidy disbursements efficiently and securely.
CIMB also enhanced its cross-border payment and collection services through a strategic partnership with PingPong, enabling wholesale and SME clients to manage international collections and cross-border payments directly within the CIMB ecosystem.
In addition, TAB Global recognised CIMB’s SME FlexiCash digital lending solution, which allows businesses to convert transaction history into immediate working capital, while the bank’s Online Business Current Account platform was upgraded with full eKYC capabilities for sole proprietorships to streamline onboarding processes.
CIMB stated that it remains committed to delivering innovative and future-ready financial solutions that help businesses optimise operations and cash flow management across the ASEAN region. – The Capital Post
