CIMB Niaga on track to meeting targets on strong 1H performance

KUALA LUMPUR: With a healthy showing of first-half profits, PT Bank CIMB Niaga Tbk president director Lani Darmawan signaled confidence the bank is on track to meeting earnings expectations in 2022.

"We recorded an outstanding performance in the first half of the year, attributed to strong loans/financing growth, improved fee income, strong cost controls and lower credit provision.