KUALA LUMPUR: CIMB Group Holdings Bhd remains cautious in the short term on possible downside risks following the implementation of the full lockdown measures by the government in an effort to keep a lid on the Covid-19 pandemic.
The cautious stance came about despite the bank’s net profit for the first quarter ended March 31,2021, growing by about five times to RM2.46bil from RM507.93mil in the same quarter a year ago.
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