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Banking 17 Sep 2014 | 12:00 AM

AirAsia Indonesia, CIMB Niaga, Think Big in credit card tie-up

PETALING JAYA: Three Malaysian-owned companies in Indonesia – PT Bank CIMB Niaga Tbk, AirAsia Indonesia and Think BIG Digital Sdn Bhd – have teamed up to introduce a co-branded credit card namely CIMB Niaga-AirAsia BIG credit card that targets frequent travellers in the country.

Business 19 Nov 2014 | 12:00 AM

CIMB registers RM2.9bil net profit for first nine months

PETALING JAYA: CIMB Group Holdings Bhd’s third-quarter profit to Sept 30 dropped 16.15% to RM890.27mil on the back of a 1.25% increase in revenue to RM3.53bil, mainly due to higher loan impairments at PT Bank CIMB Niaga Tbk.

Business 04 Jul 2015 | 12:00 AM

CIMB to see full recovery in quarter 4?

CIMB Holdings Group Bhd will need at least two more quarters before benefits from its T18 initiatives which emphasise on cost-cutting and key business areas, are reflected on its balance sheet.

Corporate News 20 Dec 2018 | 2:15 PM

RAM Ratings reaffirms CIMB Investment Bank’s ratings

KUALA LUMPUR: RAM Ratings has reaffirmed CIMB Investment Bank Bhd’s AAA/Stable/P1 financial institution ratings.

Corporate News 18 Dec 2018 | 12:00 AM

CIMB serves PLUS with arbitration notice in relation to Touch ‘n Go

PETALING JAYA: CIMB Group Holdings Bhd and its unit have initiated an arbitration proceeding against highway concessionaire PLUS Malaysia Bhd for breaching some of the terms of their joint-venture agreement (JVA) in relation to Touch ‘n Go Sdn Bhd (TNGSB)

Corporate News 30 Nov 2018 | 12:00 AM

CIMB posts RM1.18bil net profit for Q3

PETALING JAYA: CIMB Group Holdings Bhd’s net profit for its third quarter ended Sept 30 rose 4% to RM1.18bil from RM1.13bil in the previous corresponding period due to improved contributions across all segments, except wholesale banking.

Banking 20 Oct 2018 | 12:00 AM

Nasir appointed CIMB group chairman

PETALING JAYA: CIMB Group Holdings Bhd has appointed Datuk Mohd Nasir Ahmad (pic) to be the bank’s group chairman effective today following an approval it had obtained from Bank Negara.

Corporate News 16 Aug 2018 | 12:00 AM

CIMB Niaga posts higher earnings in H1

PETALING JAYA: PT Bank CIMB Niaga Tbk, the Indonesian unit of CIMB Group Holdings Bhd, recorded a 15% year-on-year (y-o-y) higher net profit of 1.58 trillion rupiah in the first half of financial year 2018 (H1’18).

Banking 28 Jul 2018 | 12:00 AM

‘Future-proofing’ CIMB

CIMB Group Holdings Bhd has mapped out strategies for the banking group to embrace the fourth industrial revolution (4IR) at a time when the financial landscape is undergoing rapid digital transformation.

Investment 04 Apr 2018 | 12:00 AM

CIMB launches Malaysian partnership with Sompo

KUALA LUMPUR: CIMB Group Holdings Bhd has launched its Malaysian partnership with Japan’s largest bancassurance firm, Sompo Holdings (Asia) Pte Ltd, after similar collaborations in Singapore and Indonesia.