CIMB Private Bank, the wealth management arm of financial services
provider CIMB Group, is looking to bolster its high net worth offering
in Sarawak, Malaysia. The announcement comes on the back of a 25 to 30
per cent year-on-year growth in the company since it entered the
country in 2005.

At a recent media briefing, co-head Carolyn
Leng said that the bank is looking to expand its services to Sarawak's
affluent market. "Sarawak is a high growth area for CIMB Private
Banking as it is home to many of the country's successful professionals
and entrepreneurs," she said. Currently, the bank has two satellite
office in the country - one in Sibu and the other in Miri.

The Bumiputra-Commerce Holdings-owned CIMB Group is the second
largest financial services provider in Malaysia.