CIMB set to post strong earnings recovery
PETALING JAYA: CIMB Group
Holdings Bhd is set to post strong earnings recovery this year, thanks to stable net interest margins (NIMs), cost savings and lower provisions.
However, the second-largest banking group in Malaysia is expected to endure another set of weak financial results for the fourth quarter ended Dec 31,2020 (Q4’20), before the recovery sets in.
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