- CEO
- Teh Maimunah binti Raja Abdul Aziz
- Full Time Employees
- 5,925
- Sector
- Finance
- Industry
- Regional banks
- Address
- Menara Bank Islam Kuala Lumpur Malaysia
- IPO Date
- Jan 20, 1992
- Business
- BIMB Holdings Berhad is a Malaysian investment holding company primarily engaged in Islamic banking services through its subsidiaries. The company offers a broad range of products and services including term deposits; savings, current, and investment accounts; personal, home, education, and vehicle financing; debit and credit cards; and wealth management services such as unit trust management, takaful protection, will writing, and stock broking. It also provides commercial banking services including letters of credit, trade financing, export credit refinancing, syndicated financing, foreign currency exchange, cash management, treasury and capital market services, and SME banking solutions. BIMB Holdings operates mainly in Malaysia, serving retail, corporate, commercial customers, and small to medium enterprises. Founded in 1983, the company is headquartered in Kuala Lumpur.
Recent major developments include sustaining revenue growth with a reported increase to RM2.45 billion in 2024, a 7.6% rise from the previous year, and a net profit of RM571.1 million, reflecting a 3.3% increase. The company also announced a higher quarterly dividend in late 2024, demonstrating an improved dividend payout. BIMB Holdings is advancing its strategic positioning by reinforcing its Islamic banking operations and enhancing its digital banking services, including internet banking, automated teller and cash deposit machines, and bill payment platforms. The company continues to strengthen its market presence through expanded product offerings and improving operational efficiencies while maintaining its leadership in the Malaysian Islamic finance industry.
BIMB Holdings Berhad encompasses subsidiaries involved in family and general takaful underwriting, stock broking, unit trust management, training and consultancy services, and leasing fixed assets to related companies, thereby broadening its financial services ecosystem. The company focuses on comprehensive Shariah-compliant financial solutions across Malaysia, addressing a wide spectrum of customer financial needs with a commitment to sustainable growth and customer-centric innovation.