Worst over for CIMB?


Tengku Dato

KUALA LUMPUR: Analysts have turned optimistic on CIMB Group Holdings Bhd’s Indonesian operations despite the bank’s group chief executive officer remaining cautious of its business in that country.

Group CEO Tengku Datuk Zafrul Tengku Abdul Aziz prefers to adopt a cautious outlook for its Indonesian arm, which contributes more than 25% of group earnings.

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