CIMB group chief financial officer Khairul Rifaie and group chief executive officer Datuk Abdul Rahman Ahmad at the announcement of CIMB Group’s first half FY2020 financial results.
KUALA LUMPUR: CIMB Group
Holdings Bhd aims to aggressively rationalise cost following the impact of the challenging economic environment and is targetting an absolute cost reduction of around RM500mil or 5% for full year 2020.
CIMB Group had on Friday announced a profit before tax (PBT) of RM910mil and net profit of RM785mil for the first half period ended June 30,2020.
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