House of the year, Thailand: CIMB Thai Bank

Asia Risk Awards 2021

CIMB

CIMB Thailand has won this country house of the year award for the second year in a row for the agility and preparedness that it has been able to demonstrate this year, in the face of both the ongoing Covid-19 pandemic and the transition to a post-Libor world.

While Covid-19 was raging across Thailand – as it was in much of the world – the country’s banking industry was facing another challenge: the transition of Thailand’s reference rate from THBFIX to Thailand’s Overnight Repurchase Rate

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