PT Bank CIMB Niaga
PETALING JAYA: Due to potentially higher-than-expected provisions at its Indonesian operations and some weakness in its Singapore’s oil and gas (O&G) loan portfolio, CIMB Group
Holdings Bhd’s upcoming second quarter of financial year 2017 (2Q17) is expected to be a “quiet quarter”.
RHB Research does not expect any major positive surprise for the banking group’s upcoming 2Q17, as business activities slowed down during the Ramadan month, resulting in expectations for the topline growth to moderate.
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