Business

CIMB Q2 earnings at RM640m on higher allowance for impairments

By JOSEPH CHIN
Tengku Datuk Zafrul Tengku Abdul Aziz, group chief executive of CIMB Group

It announced on Friday its earnings were down 32.6% from RM949.94mil a year ago. However, the banking group’s revenue increased 12.5% to RM3.833bil from RM3.407bil. 

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