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KUALA LUMPUR: CIMB Group, through its entities CIMB Bank Bhd and CIMB Islamic Bank Bhd, have entered into a strategic partnership with Credit Guarantee Corporation Malaysia Bhd (CGC) to provide small and medium enterprises (SMEs) access to RM2 billion in financing through CGC’s Portfolio Guarantee-i scheme.
PETALING JAYA: It’s the end of an era for the country’s second-largest lender, CIMB Group, as its chairman Datuk Seri Nazir Razak, the face behind the group, will leave, effective Dec 31 this year.
KUALA LUMPUR: CIMB Group Holdings Bhd remains “cautiously optimistic” on its prospects this year, amid the group’s expectation to record a stronger performance in the current financial year 2018
PETALING JAYA: Khazanah Nasional Bhd, the single biggest shareholder in CIMB Group Holdings Bhd, is testing investors’ appetite for the banking stock with an offer for sale of CIMB shares worth at least RM550mil.
PETALING JAYA: Foreign fund managers are the buyers of the bulk of shares in CIMB Group Holdings Bhd that had been offered up for sale by Mitsubishi UFJ Financial Group (MUFG).
CIMB Group Holdings Bhd, which had just undertaken one of its biggest provisions in recent history, is upbeat on its future.