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Singapore’s contribution to CIMB’s profit before tax reached 14% in Q1 2025, up from 11% in the same period the year prior, according to figures cited by The Straits Times. The bank expects this ...
The Republic accounted for 14% of the banking group’s profit before tax in the first quarter. Read more at straitstimes.com. Read more at straitstimes.com.
KUALA LUMPUR] CIMB wants to find its niche in each of the markets it is in, instead of trying to serve every customer segment across Asean, said group chief executive officer Novan Amirudin. Read more ...
CIMB Group Holdings Bhd continues to sharpen its focus in Thailand and Indonesia despite economic headwinds, concentrating on ...
This is attributed to the wider “cost divergence” between Singapore and Malaysia after the Covid-19 pandemic, among other reasons.
KUALA LUMPUR] The timing of the Johor-Singapore Special Economic Zone (JS-SEZ) is “a lot more conducive” today than some of ...
CIMB forecasts that by 2015 half of its profits will come from outside Malaysia. It already gets 30% of its net from 98%-owned Bank Niaga in Indonesia, with an underserved consumer credit market ...
Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 ...
* EPF reducing stake in CIMB as "not suitable" - analyst (Add comments from analysts) KUALA LUMPUR, Oct 23 (Reuters) - Shares of Malaysia's second-biggest bank CIMB Group Holdings Bhd dropped on ...
Malaysia's CIMB Group Holdings Bhd is looking at mid-tier Philippine banks as possible acquisition targets after its failed attempt to buy into a local bank last year, its chief executive said on ...
Malaysia's CIMB Group Holdings <CIMB.KL>, owner of CIMB Thai Bank <CIMBT.BK>, could launch a public offering worth $136 million in the Thai market in June, the president of its Thai unit said.
CIMB needs to enact more effectual, globally standardized policies and urgently enforce them across its forest-risk sector portfolio — in Malaysia and even more so in Indonesia.