Deutsche Bank targets Malaysia with CIMB Islamic custody tie-up

The German bank is targeting clients, including fund managers, who want Shariah custody as regional demand grows and cross-border Asean capital flows increase.

Andrew Tjaardstra

December 12, 2023

Deutsche Bank is partnering with CIMB Islamic Bank (CIMB Islamic) to provide Shariah custody to clients in Malaysia and add to its existing Shariah custody business in the region, according to a December 11 media release.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Banks

#deutsche bank
#securities services
#shariah
#malaysia