Worst is over for CIMB, earnings to improve


PETALING JAYA: While the near-term earnings outlook for CIMB Group Holdings Bhd remains unexciting, analysts believe the worst is over for the second largest banking group in Malaysia.

CIMB’s earnings are expected to improve this year after a poor outturn in 2014, as the impact of loan provisions and impairment charges are likely to taper off, and the group intensifies its cost management initiatives.

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Business , CIMB , bank , Indonesia

   

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