CIMB Group Holdings SWOT Analysis, Competitors & USP

CIMB Group Holdings

Parent Company

CIMB Group Holdings Berhad (CGHB)

Category

Banking & Asset Management

Sector

Banking & Financial Services

Tagline/ Slogan

Forward Banking; ASEAN for you

USP

Regional universal bank operating in growing ASEAN economies

CIMB Group Holdings STP

Segment

Asian countries

Target Group

ASEAN nations

Positioning

To be Southeast Asia’s Most Valued Universal Bank

CIMB Group Holdings SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of CIMB Group Holdings. Strengths are:

1. Malaysia’s second largest financial services provider and one of Southeast Asia’s leading universal banking groups
2. Large customer base of about 7 million customers in over 14 countries
3. CIMB Group has the widest retail branch network across the ASEAN region
4.  With over 40,000 employees, CIMB Group reaches 83% of the ASEAN population, representing 89% of the region’s gross domestic product

5. It operates across ASEAN under several corporate entities

Weaknesses

Here are the weaknesses of CIMB Group Holdings :

1. Competition from international banks means limited market growth

2. Presence restricted to South East Asian nations only.

Opportunities

Following are the Opportunities of CIMB Group Holdings :

1. Opportunity to acquire customers outside ASEAN.
2. Products to help small scale entrepreneurs.
3. New organization structure & training programmes for employees.

4. Optimization of the existing franchise and improvement in areas such as SME banking and cross-selling.

Threats

The threats of CIMB Group Holdings are as mentioned :

1. Natural disasters, i.e, Tsunami and Earthquakes.
2. Business income comes from ASEAN region, so any adverse situation in politics or financial markets can lead to huge losses.
3. Global slowdown.

CIMB Group Holdings Competition

Competitors

Below are the 3 main CIMB Group Holdings competitors :

1. AMMB Holdings Berhad
2. DBS group holdings Ltd
3. Edaran Otomobil Nasional Berhad