Learn About CIM Bank and Its Islamic Banking Approach

CIM Bank is a pioneering financial institution that has been at the forefront of Islamic banking in Sri Lanka. CIM Bank's Islamic banking arm offers a range of Shariah-compliant products and services.

CIM Bank's Islamic banking approach is based on the principles of Shariah, which prohibits the collection and payment of interest. This means that CIM Bank's customers can enjoy banking services without the burden of interest.

CIM Bank's Islamic banking products include Mudarabah deposits, which allow customers to earn a return on their investment based on the bank's profits. This approach is transparent and fair, as customers are informed of the bank's profit-sharing ratio upfront.

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At CIM Bank, you can choose from various account options to suit your needs. CIM Bank offers international corporate bank accounts with full e-banking facilities in a highly desirable jurisdiction.

One of the key benefits of CIM Bank's accounts is the ability to manage your finances online. You'll have access to a wide range of banking operations, including international transfers.

If you're looking for a specific type of account, CIM Bank's multi-currency accounts are a great option. They enable access to a wide range of banking operations.

To keep your account active, you'll need to maintain a minimum balance. The specific requirements for this can be found through CIM Bank's online banking system.

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At CIMB, you can access Shariah-compliant banking solutions for your daily needs.

CIMB offers a range of Islamic banking products that cater to your financial requirements, allowing you to manage your money in accordance with Islamic principles.

One of the key benefits of CIMB's Islamic banking solutions is that they are designed to be free from elements of riba, or interest, which is prohibited in Islamic finance.

By choosing CIMB's Shariah-compliant banking solutions, you can have peace of mind knowing that your money is being managed in a way that aligns with your values.

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CIM Banque is headquartered in Geneva, Switzerland, at Rue Merle d'Aubigné 16, 1207 Geneva.

Their phone number is +41 58 225 50 50, and you can visit their website at www.cimbanque.com.

The bank was founded in 1990.

CIM Banque has a Chairman named Francesco Signorio and a CEO named Michael Vorlet.

The bank's eligible regulatory capital is 85.208 million CHF.

Their Tier 1 Ratio is 17.90%.

The bank's leverage exposure is 1.704 billion CHF.

Their leverage ratio is 5.00%.

The Liquidity Coverage Ratio is 514%.

Risk Weighted Assets total 476.036 million CHF.

The bank accepts foreigners and does not have a presence abroad.

Here are some key statistics about CIM Banque:

CIM Banque is a leading Swiss Private Bank that offers a unique opportunity to open an account without a personal visit to the office.

The bank provides a reliable and convenient internet-banking system, as well as exceptional customer service experience.

CIM Banque is active in various areas, including wealth management, current accounts, international wire services, trading on stocks and bonds, forex exchange, online trading, credit cards, research, and analysis.

The bank is registered in Geneva, Switzerland, and was founded in 1990.

It supports 18 languages, including English, French, German, Italian, Spanish, Portuguese, Russian, and Chinese.

CIM Banque offers multi-currency accounts, including USD, EUR, CHF, JPY, RUB, GPD, and HKD.

You can open a personal or business account with the bank, and the required documents vary accordingly.

A certified copy of a passport, proof of residence, and signed bank's forms are needed for a personal account, while original or Apostilled copies of corporate documents are required for a business account.

Personal appearance of beneficiaries is not required, but a video conference with the bank representative is necessary.

CIM Banque has restrictions on account opening, excluding companies from BVI, USA, Panama, Seychelles, and Marshall Islands.

The account opening process typically takes 3-10 working days, not including certification time.

The minimum deposit required is EUR/CHF/USD 10,000, which is not frozen.

A minimum balance of CHF 1,000 (or equivalent in EUR, USD) is also required.

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The bank offers internet-banking, debit/ATM cards, and credit cards, with various fees associated with each service.

Here is a summary of the bank's fees:

CIM Banque is located at Rue Merle d'Aubigné 16, 1207 Geneva, and you can reach them by phone at +41 58 225 50 50 or visit their website at www.cimbanque.com.

Their year of foundation is 1990.

The bank is led by Francesco Signorio as Chairman and Michael Vorlet as CEO.

CIM Banque has eligible regulatory capital of 85.208 million CHF and a Tier 1 Ratio of 17.90%.

CIM is a Swiss Private Bank that offers a unique opportunity to open an account without a personal visit to the office. They provide a reliable and convenient internet-banking system, along with exceptional customer service.

CIM Banque is registered in Geneva, Switzerland, and was founded in 1990. Their SWIFT code is CIMMCHGG.

One of the benefits of opening an account with CIM is that they support 18 languages, including English, French, German, Italian, Spanish, Portuguese, Russian, and Chinese. This makes it easier for international clients to communicate with the bank.

CIM offers multi-currency accounts, including USD, EUR, CHF, JPY, RUB, GBP, and HKD. They also offer personal and business accounts.

To open a personal account, you'll need to provide a certified copy of your passport, proof of residence, and signed bank's forms. For a business account, you'll need to provide original copies or Apostilled copies of corporate documents, certified copies of passports of all beneficiaries, proof of residence, and signed bank's forms. Fortunately, personal appearance of beneficiaries is not required, and a video conference with the bank representative is sufficient.

CIM has restrictions on account opening for certain companies, including those registered in BVI, USA, Panama, Seychelles, and Marshall Islands. However, account opening is available for EU, Hong Kong, Singapore, New Zealand registered companies.

The processing time for account opening is typically 3-10 working days, not including time required for certification. You'll need to make a minimum deposit of EUR/CHF/USD 10,000, which is not frozen. CIM also requires a minimum balance of CHF 1,000 (or equivalent in EUR, USD) to be maintained.

CIM offers a range of banking services, including internet-banking, debit/ATM cards, credit cards, and personal banking. They also charge a fee of CHF 150 for account opening and a maintenance fee of CHF 120 per quarter.

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