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CIMB Group Announces Acting President & CEO For CIMB Thai
CIMB Group Holdings Says Appointed Abdul Rahman Ahmad As Group CEO/Executive Director For Co
Cimb Group Says Activated Succession Plan For Role Of Group CEO And CEO Of Bank
CIMB Group Holdings Berhad is a Malaysia-based provider of banking products and financial services. The Company's major business activities are categorized into three segments: Consumer Banking, Wholesale Banking and Commercial Banking. Its Consumer Banking segment provides regular banking solutions to individual customers, and it covers both conventional and Islamic financial products and services, such as residential and non-residential property loans, motor vehicle financing, credit cards and wealth management. Its Commercial Banking segment offers various products and services to small and medium-scale enterprises (SMEs) that include core banking credit facilities, trade financing, remittance and foreign exchange, together with general deposit products. Its Wholesale Banking segment comprises Investment Banking, Corporate Banking, Treasury and Markets, Transaction Banking, as well as Equities and Private Banking.
Level 13, Menara Cimb
Jalan Stesen Sentral 2, Kuala Lmpr Sntr
Mohd Nasir ahmad
Non-Executive Independent Chairman of the Board
Abdul Rahman bin Ahmad
Group Chief Executive Officer
Group Chief Financial Officer
Shahnaz Farouque Jammal Ahmad
Chief Executive Officer, Group Wholesale Banking
Chief Executive Officer - Group Consumer Banking
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CIMB Group Holdings Bhd , Malaysia's No. 2 bank, reported on Friday a more than 50% drop in first quarter profit after making provisions for expected credit losses and as non-interest income fell.
Malaysian lender CIMB Group Holdings Bhd saw a 24% tumble in fourth-quarter net profit on Thursday, its fourth consecutive declined in quarterly earnings, hit by higher provisions and increased investment expenses.
Malaysia's top two lenders both said on Thursday that they expect a quarter point cut in interest rates before the end of this year, putting slight pressure on their margins.
Malaysia's CIMB Group Holdings Bhd has closed its Hong Kong investment banking (IB) business, citing existing collaboration with its Hong Kong partner in the competitive North Asian market.
* Lower profit in consumer and corporate banking, loss in investment banking
CIMB Group Holdings Bhd reported an 8.7% fall in first-quarter profit on Wednesday due to a drop in non-interest income from the absence of a one-off gain recognised in the previous year.
MALAYSIAN SOVEREIGN WEALTH FUND KHAZANAH NASIONAL SAYS IT WILL HAVE A REFRESHED MANDATE KHAZANAH NASIONAL SAYS TO PURSUE TWO INVESTMENT OBJECTIVES - COMMERCIAL AND STRATEGIC KHAZANAH NASIONAL LISTS INVESTMENTS INCLUDING CIMB GROUP HOLDINGS BHD CIMB.KL, AXIATA GROUP BHD AXIA.KL...
* 2018 NIM at 2.5 pct, sees further 5-10 bps contraction in 2019
Malaysian lender CIMB Group Holdings Bhd posted a 5.4 percent rise in fourth-quarter net profit on Thursday, largely on a better performance at its commercial banking and group funding businesses.
CIMB Group Holdings Bhd , Malaysia's second-largest bank by assets, on Thursday reported a 4.2 percent rise in third-quarter profit as consumer loans buoyed performance.
CIMB Group Holdings Bhd , Malaysia's second biggest bank, said it had appointed Mohd Nasir Ahmad as its new chairman effective Oct. 20.
CIMB Group Holdings Bhd <CIMB.KL> Chairman Nazir Razak is to step down by the end of the year after almost three decades at Malaysia's second biggest bank, he said on Monday.
CIMB Group Holdings Bhd , Malaysia's second biggest bank, said on Monday its chairman Nazir Razak would step down by the end of the year.
* Shares rise as much as 1.8 percent (Adds CEO comments on outlook)
CIMB Group Holdings Bhd , Malaysia's second-largest lender by assets, on Wednesday reported a rise in second-quarter net profit, boosted by gains from recent deals.
* Banks see improving external environment driving loans appetite (Adds quotes and comments from executives of the banks)
* Maybank's quarterly profit falls 11 pct, CIMB's jumps 24 pct
Malaysia's second-largest bank by assets, CIMB Group Holdings Bhd, reported on Wednesday a 24 percent jump in fourth-quarter net profit, helped by a rise in non-interest income and cost-cutting.
* YEAR AGO QTRLY REVENUE 4.31 BILLION RGT; YEAR AGO QTRLY NET PROFIT 854.4 MILLION RGT
CIMB Group Holdings Bhd will sell part of its stakes in two asset management joint venture units to U.S.-based partner Principal Financial Group for 470.3 million ringgit ($118.02 million).
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.