Cost management: CIMB is a stock loved by investors for its liquidity, but they are also quick to punish it at the slightest hint of bearish sentiment.
SINGAPORE: CIMB Group
plans to start banking operations in the Philippines in the third quarter of this year, said group chief executive Tengku Datuk Seri Zafrul Aziz.
“That is the plan. We have applied to the central bank (of the Philippines),” he told Bernama on the sidelines of the CIMB Asean Stock Challenge 2016 Grand Finale held at the Singapore Exchange here.
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