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CIMB formalises MoC with DBKL, challenges Kuala Lumpur economic growth

CIMB Group has announced a three-year strategic Memorandum of Collaboration (MoC) with Dewan Bandaraya Kuala Lumpur (DBKL) to drive inclusive economic growth in Kuala Lumpur. The initiative, named “Moving KL Forward – Kita Bagi Jadi bersama DBKL x CIMB”, seeks to stimulate economic activity, strengthen local business ecosystems, and foster community resilience. The collaboration will focus on uplifting communities, including micro, small, and medium enterprises (MSMEs) and the creative industry, through various curated platforms.

The MoC will be signed by the Mayor of Kuala Lumpur, Datuk Seri TPr Haji Fadlun Mak Ujud, and CIMB Group’s CEO, Novan Amirudin. The signing ceremony, scheduled for 16 April 2026 at the Institut Latihan DBKL in Kuala Lumpur, will be witnessed by YB Hannah Yeoh, Minister in the Prime Minister’s Office (Federal Territories), and Datuk Syed Zaid Albar, Chairman of CIMB Group.

The collaboration is anchored in CIMB’s purpose of “Advancing Customers and Society”, aiming to implement programmes that will benefit the local economy and communities. The event will include speeches from key figures, a video presentation, and a press conference, followed by lunch. This partnership is expected to provide significant support to local businesses and enhance community resilience in Kuala Lumpur.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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