Is CIMB a government bank?
CIMB is not a government-owned bank, though it does have significant state-linked investment. It is a publicly traded, private-sector universal bank listed on the Bursa Malaysia. While it operates as a private commercial entity, its largest shareholder is Khazanah Nasional, which is the sovereign wealth fund owned by the Government of Malaysia. This means that while the Malaysian government has an influential minority stake in the group through this fund, the bank is managed as a private financial institution with its own board, corporate strategy, and operational independence rather than as a direct government department or state-run bank.
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