CIMB Sees Opportunity in Indonesia as Market Weakness Opens Door for M&A

Kuala Lumpur, 10 June 2026 – CIMB Group Holdings Bhd is looking for merger and acquisition opportunities in Indonesia, as the Malaysian banking group sees long-term value in Southeast Asia’s largest economy despite recent market weakness and investor caution.

Group chief executive officer Novan Amirudin said Indonesia remains an important market for CIMB, which operates in the country through CIMB Niaga. He said the bank remains fully committed to Indonesia and views the current period of weaker sentiment as a potential opportunity for investors with a longer-term horizon.