CIMB Niaga nine-month net profit at RM550mil


CIMB Niaga president director Tigor M. Siahaan said the bank grew mortgages by 7.9% year-on-year, while auto loans rose by 7% year-on-year.

PETALING JAYA: PT Bank CIMB Niaga Tbk (CIMB Niaga) posted an unaudited consolidated net profit of 1.9 trillion rupiah (RM550mil) in the first nine months of 2020, translating to an earnings per share of 74.79 rupiah.

In a statement yesterday, CIMB Niaga said its capital adequacy ratio remains strong at 20.88% as at Sept 30,2020.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CIMB Niaga , Tigor M. Siahaan , mortgages , auto loans ,

   

Next In Business News

Trading ideas: RHB, Axiata, Yinson, Affin, Kimlun, AWC, Pansar, DC Healthcare, AwanBiru, Systech, Auro, Bursa Malaysia, HeiTech Padu, AmFirst REIT and Sin-Kung Logistics
EPF Account 3 draws concerns over dividends
Central bank governor unfazed by peso slump
Developers gearing up for higher sales
Kimlun wins RM150mil deal from Astaka
Systech gets shareholders’ nod for capital exercise
Huawei starts new smartphone Pura 70 sale amid scrutiny on chips
Smart Asia en route for listing on ACE Market
IGB-REIT likely to maintain organic growth
State-owned enterprises achieve milestone in key HSR construction

Others Also Read