RHB Research: CIMB on track to meet targets

Companies like CIMB Group Holdings Bhd, Hong Leong Financial Group Bhd (HLFG) and AmBank Group Bhd may have to beef up their capital structures by 2019.

PETALING JAYA: The operations of CIMB Group remain stable, with the banking group on track to meet its financial year 2019 (FY19) financial targets, RHB Research said.

The research house, which has maintained its “buy” call on the counter, said it felt reassured of the group’s prospects after a recent meeting with the management.