CIMB posts 4.2% higher Q3 net profit of RM1.18bil

Tengku Datuk Seri Zafrul Aziz, Group CEO, CIMB Group said:

KUALA LUMPUR: CIMB Group Holdings Bhd posted a 4.2% increase in net profit for the third quarter ended Sept 30 to RM1.18bil from RM1.13bil in the year-ago quarter due to improved contributions across all segments except wholesale banking.

"Wholesale Banking PBT was 41.7% lower y-o-y across all wholesale segments given the weaker capital markets," the group said in a statement.