---
title: "CIMB Reportedly Among Banks Bidding for HSBC Indonesia Assets"
description: "CIMB Group Holdings Berhad is reportedly among the banks bidding for the assets of HSBC Indonesia, as lenders aim to enhance their presence in Southeast Asia. Other potential bidders include DBS Group"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/277232844.md"
published_at: "2026-02-27T17:26:13.000Z"
---

# CIMB Reportedly Among Banks Bidding for HSBC Indonesia Assets

> CIMB Group Holdings Berhad is reportedly among the banks bidding for the assets of HSBC Indonesia, as lenders aim to enhance their presence in Southeast Asia. Other potential bidders include DBS Group, Oversea-Chinese Banking Corporation, United Overseas Bank, and Sumitomo Mitsui Financial Group. HSBC is looking to sell its consumer banking operations in Indonesia, with the assets potentially valued at over USD 200 million.

CIMB Group Holdings Berhad (KLSE:CIMB) is one of the banks that are seeking to purchase assets of HSBC Indonesia (PT Bank HSBC Indonesia). The move comes as lenders seek to strengthen their presence in Southeast Asia's biggest economy. Potential bidders include Singapore's DBS Group Holdings Ltd. (SGX:D05), Oversea-Chinese Banking Corporation Limited (SGX:O39) and United Overseas Bank Limited (SGX:U11), along with Malaysia's CIMB Group Holdings Bhd and Sumitomo Mitsui Financial Group, Inc. (TSE:8316).

HSBC Holdings plc (LSE:HSBA) is looking to sell its consumer banking operations in Indonesia. The assets could be valued at more than USD 200 million.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.