Bank Islam Malaysia’s Five-Year Restructuring Plan Focuses on Leadership in ESG and Digital Banking: CEO

Bank Islam Malaysia (Bank Islam), a subsidiary of BIMB Holdings Group (BIMB) targets to increase its asset size to over MYR 100 billion by 2025 from its current asset size of MYR 75 billion through its five-year restructuring plan themed LEAP25. Speaking at a media briefing “The Way Forward” on the 21st of April 2021, Chief Executive Officer of Bank Islam, Mohd Muazzam Mohamed, highlighted that LEAP25 aims to make Bank Islam the benchmark in the Shariah-environmental, social and governance (ESG) total financial solution space. This will occur through organic growth, providing leadership in digital banking and social finance.

Why it Matters?

Bank Islam will continue to fortify its five business drivers namely enterprise, wholesale banking, d...