CIMB Bank Bhd plans to invest RM3 million to RM5 million over the next two years to roll out 10 more “eat & bank” cafe outlets in the Klang Valley, Penang and Malacca.
Its head of consumer sales and distribution, Sulaiman Mohd Tahir, said the 10 cafe banking outlets will offer a new banking and dining experience to its customers.
“It will cost us RM300,000 to RM500,000 to set up a branch depending on the location and size,” he told reporters after the launch of CIMB Bank’s first cafe banking outlet in partnership with premier white coffee producer, OldTown White Coffee, in Kuala Lumpur today.
Sulaiman said CIMB Bank’s cafe banking will offer customers the convenience of carrying out their banking activities and enjoying the experience of having their OldTown White Coffee meals or drinks in one location.
The outlet was launched by squash champion Datuk Nicol David, CIMB Group chief executive Datuk Seri Nazir Razak and his wife Datin Seri Azlina Aziz as well as OldTown White Coffee’s managing director, Lee Siew Heng.
Related: CIMB to invest RM5mil in cafe banking outlets
CIMB plans 10 cafe banking outlets
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