CIMB H1 net profit up 35%, NIM to remain stable

Solid liquidity position: Tengku Zafrul (left) and Group CFO Shahnaz Farouque Jammal Ahmad at the press conference to announce CIMB’s financial results.

 KUALA LUMPUR: CIMB Group Holdings Bhd expects its net interest margin (NIM) to remain stable this year amid easing pressure on funding costs and liquidity concerns.

The second-largest banking group by assets in Malaysia saw its NIM improve to 2.71% for the first six months of 2017 compared with 2.63% in the corresponding period last year.