Competitors CIMB Bank is a major competitor to many other organisations, at the same time CIMB Bank faces competitions

from organisation that have the potential to offer better services or products. Over the past few decades the number of banks across ASEAN region has experience a tremendous rise in numbers. Hence this has brought forward competition to CIMB bank therefore CIMB Bank has taken the necessary measures to compete and outstand their competitors such as There are 50 branches of CIMB Bank in Malaysia. CIMB Group recorded a net profit of RM 2.120 billion in the first half of 2012.Ambank grew its profit by 12.5% year-on-year to RM1.51bil for the financial year ended March 31, 2012. The banking group has attributed this to faster non-interest income growth. RM 8 bil for the revenue of the year was 12.5% higher. With CIMB Bank, customers get to enjoy a host of privileges and benefits that are accorded uniquely to them, for example, free cross-border ATM withdrawals and multi-currency dispensing facility at our machines in Indonesia, Singapore, Thailand and Cambodia; and free Touch n Go reloads at our ATMs for customers in Malaysia. CIMB Bank offers services such as CIMB Clicks App on iphone, Payment Alerts and Reminders, Fund transfers, Prepaid reloads, Pay bills, eIPO & share trading, Accounts enquiry, Mobile banking, Cheque management, eApplications, Standing Instructions (SI) and eRemittance.

Interest rate (% per year)

Monthly Repayment

Total Interest Over Loan Period

Early Termination Penalty & Lock-in Period

CIMB Bank 4.90% RM1,571 RM82,814 none

4.20% Hong Leong

RM1,500

RM69,910

3% at 3 years

OCBC 4.20% RM1,500 RM69,910

3% at 3 years (none for loan of RM500K and above)

Citibank 4.25% RM1,505 RM70,820 3.6% at 6 years

Alliance Bank

4.30%

RM1,510

RM71,732

3% at 3 years

AmBank 4.30% RM1,510 RM71,732 3% at 5 years

HSBC 4.35% RM1,515 RM72,646 3% at 3 years

Maybank 4.40% RM1,520 RM73,561 2% at 3 years

Interest rate (% per year)

Monthly Repayment

Total Interest Over Loan Period

Early Termination Penalty & Lock-in Period

Public Bank 4.40% RM1,520 RM73,561 2% at 3 years

UOB 4.40% RM1,520 RM73,561 2% at 3 years

Affin Bank 4.50% RM1,530 RM75,398

5% at 3 years, and 3% for the next 2 years

RHB 4.80% RM1,561 RM80,949 2% at 3 years

Standard Chartered 4.90% RM1,571 RM82,814 3% at 3 years