CIMB’s stable outlook supported by Indonesian unit


Analysts are cautiously optimistic about CIMB’s overall trajectory.

PETALING JAYA: CIMB Group Holdings Bhd’s earnings outlook remains stable but is increasingly dependent on domestic performance, even as its Indonesian subsidiary, PT Bank CIMB Niaga Tbk (CIMB Niaga), has delivered a commendable start to the financial year.

Analysts are cautiously optimistic about CIMB’s overall trajectory, citing currency headwinds and regional funding pressure as potential drags on group-level earnings.

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