Deutsche Bank targets Malaysia with CIMB Islamic custody tie-up

The German bank is targeting clients, including fund managers, who want Shariah custody as regional demand grows and cross-border Asean capital flows increase.

Deutsche Bank is partnering with CIMB Islamic Bank (CIMB Islamic) to provide Shariah custody to clients in Malaysia and add to its existing Shariah custody business in the region, according to a December 11 media release

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