House of the Year, Malaysia: CIMB

- Viren Vaghela
- 09 Sep 2015

The past 12 months have seen the ringgit depreciate by nearly 19%, from 3.2 to 3.8 to the dollar – the rate at which it was pegged in 1998 following the Asian financial crisis. The equity market has also taken a battering, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index falling nearly 10% over the same period of time.

CIMB Group had its own corporate challenges, arising from its failed

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