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Sector: Financials, Industry: Regional Banks
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CIMB chairman Nazir Razak steps down

24 Sep 2018 - The Star Online
KUALA LUMPUR: CIMB Group announced on Monday that its chairman, Datuk Sri Nazir Razak, will step down from his post and all other positions within the group by Dec 31, 2018. “The CIMB board of directors will now activate its succession plan to decide on the next chairman and the exact date of handover,” ...
klse:1023

Bursa Malaysia closes on firm note

13 Sep 2018 - The Star Online
KUALA LUMPUR: CIMB Group , Axiata Group and Maybank underpinned the FBM KLCI performance on Thursday tracking key Asian markets. At 5pm, the benchmark index closed at 1,792.60, up 7.35 points. The market traded within a range of 15.51 points between an intra-day high of 1,792.96 and a low of 1,777.45 ...
klse:6888 klse:1023 klse:1155

CIMB Asean scholarship plants sustainable future among region’s brightest

2 Sep 2018 - The Star Online
KUALA LUMPUR: CIMB Group ’s sustainability philosophy was further entrenched among Asean’s brightest when the banking group presented scholarship awards to 18 recipients from Malaysia, Singapore, Thailand, Indonesia and Vietnam. CIMB said on Sunday the scholarship awards were officially presented at ...
klse:1023

CIMB Group posts Q2 net profit of RM1.98b, Div 13c

29 Aug 2018 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd Bhd posted net profit of RM1.98bil in the second quarter ended June 30, 2018 (Q2 FY18)which was an 80% increase, compared with RM1.10bil a year ago. The banking group announced on Wednesday its revenue increased by 12.4% to RM4.863bil from RM4.327bil. Earnings per ...
klse:1023

CIMB Group joins UN’s responsible banking group

26 Aug 2018 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd has taken the lead among the banks in Asean to be an official member of the United Nations’ (UN) Environment Programme Finance Initiative Principles for Responsible Banking (UNEP-FI). It said on Sunday it was the only banking group in Malaysia and Asean to be a founding ...
klse:1023

CIMB introduces benefits for staff with special needs children

20 Aug 2018 - The Star Online
KUALA LUMPUR: CIMB Group Holdings Bhd today introduced fresh policies for staff with special needs children by providing financial assistance and flexible work arrangements to help them focus on their children and career. The policies will allow eligible employees to work from home one day per week, ...
klse:1023

CIMB Niaga posts higher earnings in H1

16 Aug 2018 - The Star Online
PETALING JAYA: PT Bank CIMB Niaga Tbk, the Indonesian unit of CIMB Group Holdings Bhd , recorded a 15% year-on-year (y-o-y) higher net profit of 1.58 trillion rupiah in the first half of financial year 2018 (H1’18). In a filing with Bursa Malaysia yesterday, CIMB Group said that the earnings growth of ...
klse:1023

Lower loan loss provisions boost CIMB Niaga earnings

15 Aug 2018 - The Star Online
KUALA LUMPUR: PT Bank CIMB Niaga Tbk,a unit of CIMB Group Holdings Bhd , reported a consolidated net profit of 1.8 trillion rupiah in the first half of 2018 on lower provisions for bad loans. Operating profit was up 1.8%, boosted by a 32.6% jump in non-interest income. Operating cost, however, went ...
klse:1023

Kenanga Research maintains Outperform on CIMB despite challenges in Indonesia

26 Jul 2018 - The Star Online
PETALING JAYA: Kenanga Research maintained its Outperform call on CIMB Group Holdings Bhd as the banking group remains positive of meeting its FY18 targets despite downside risks from domestic and external fronts. Following a meeting with the group’s management, the research house also reiterated its ...
klse:1023

Search is on for Nazir’s successor

30 Jun 2018 - The Star Online
The ‘face’ of second largest banking group prepares to exit to set up own fund CIMB Group chairman Datuk Seri Nazir Razak, a seasoned banker and the face behind the country’s second largest lender, will leave the banking group. The question is whether he will stay until the end of his current term which ...
klse:1023

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