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KUALA LUMPUR: CIMB Group Holdings Berhad ("CIMB” or "the Group”) announced at its Sustainability Investor Day held today that the Group has committed to a series of strengthened sustainability commitments, including mobilising RM30 billion towards sustainable finance as part of its continued ambition to be an ASEAN sustainability leader by 2024.
KUALA LUMPUR: CIMB Group Holdings Bhd posted improved profits in the second quarter thanks to higher operating income, tight cost control and lower provisions.
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd has upskilled 112 participants from the B40 group with sound business knowledge and a solid grasp of digital tools to power their businesses for growth.
Increasing competition is forcing players to give up market share
Lender remains cautious due to downside risks
KUALA LUMPUR: CIMB Group Holdings Bhd made RM2.46bil in net profit in the first quarter on improved operating income, but the bank remained cautious about its outlook amid the resurgence of new Covid-19 cases and fresh lockdown imposed by the government to the spread of the virus.
Analysts are mixed on CIMB Group Holdings Bhd’s outlook despite its 92.5 per cent-owned Indonesian banking unit, PT Bank CIMB Niaga Tbk (Niaga) reported a robust financial results in the first quarter ended March 31,2021 (Q1 FY21).