CIMB Values Indonesia as Still Attractive for Long-Term Investment
Amidst the dynamics of the Indonesian financial market throughout this year, several regional financial institutions are seeing opportunities to strengthen their business expansion in the country.
One such institution is CIMB Group Holdings Berhad, which has reaffirmed its commitment to the Indonesian market while opening opportunities for corporate actions through mergers and acquisitions (M&A).
In an article cited from Bloomberg.com, the Chief Executive Officer of CIMB Group, Novan Amirudin, expressed optimism regarding Indonesia’s long-term prospects. “For investors looking at Indonesia’s long-term potential, now is certainly the right time to enter,” said Novan, as reported on Tuesday (9/6/2026).
Novan also emphasised that CIMB remains fully committed to the Indonesian market. This statement reflects the confidence of one of Southeast Asia’s largest banking groups that Indonesia’s economic fundamentals remain an attraction for both regional and global investors.
CIMB’s positive outlook emerges as Indonesia faces relatively challenging market sentiments. At the same time, investors are closely monitoring various government economic policies. Nevertheless, CIMB views these conditions as a momentum to expand its business. CIMB is reportedly evaluating several assets that could strengthen its business portfolio in Indonesia, particularly in the wealth management segment and other specialised financial services.
“We will also consider several more specific business areas that we do not currently possess,” stated Novan.
This expansion move aligns with the ongoing consolidation trend within the Southeast Asian banking industry. Indonesia, as the largest economy in the region, is considered to offer attractive growth potential supported by its large population, evolving financial services, and the increasing need for financing for infrastructure development and economic transformation.
Optimism regarding Indonesia was also shared by Malayan Banking Berhad (Maybank). The President and Group CEO of Maybank, Khairussaleh Ramli, assessed that the Indonesian economy is still in a promising growth phase for the medium to long term.
While acknowledging operational challenges and market dynamics that require careful observation, Maybank continues to view Indonesia as one of the strategic markets within its regional business network. Currently, Indonesia’s contribution to Maybank Group’s profit reaches approximately 5 per cent.
The views of these two major Malaysian banks provide an overview that, despite current market volatility, Indonesia is still regarded as an investment destination with long-term prospects. For strategic investors, periods of market pressure are often viewed as opportunities to strengthen positions and capture growth opportunities when economic conditions stabilise.