CIMB Bank and CIMB Islamic are aiming to register a 17 per cent growth in retail deposits this year, said CIMB Head of Retail Financial Services, Peter England.

He said the target can be achieved as the banks retail deposit in the first quarter of the year has already registered a 6.8 per cent growth, through the banks'' second joint deposit drive campaign, '2 Good 2 Be True'.

'The campaign has boosted the banks retail deposit further by RM2.9 billion in the first quarter, bringing the banks' total Malaysian retail deposit base to approximately RM44.3 billion as of 31 March this year,' he said in a press conference after a prize presentation ceremony here today. - Bernama