CIMB Group

CIMB Group Holdings Berhad is a Malaysian bank headquartered in Kuala Lumpur and operating in high growth economies in ASEAN. CIMB Group is an indigenous ASEAN investment bank. It has over 1,080 branches across Southeast Asia.
See below for the Latest CIMB Group News, Analysis, Profit Results, Share Price Information, and Commentary.

CIMB’s net profit up 10.7% to $1.71b in 2024

They’ve proposed a second interim dividend of 20 sen per share.

CIMB launches Malaysia’s first e-invoice payment terminal

The device also functions as a standalone Point-Of-Sale (POS) system.

SEA, Japanese banks vie for Panin Bank’s state: report

OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.

CIMB Group’s profit rise 12.57% in 9M 2024; EPS is MYR18.98 for Q3

The group expects its net interest margin to normalise and see some pressure in Q4.

CIMB launches green loan for SMEs

They can receive rebates of up to 0.4% depending on their targets.

CIMB teams up with DHL to mitigate 20% of air shipments’ carbon emissions

CIMB will roll out the programme in its Malaysia and Singapore operations.

CIMB sets out 2030 climate targets for O&G and property portfolios

The bank will stop financing new upstream oil fields beginning January 2025.

CIMB appoints new CEO

Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.

CIMB’s Q1 profit escalates 18% YoY

Thanks to a solid operating income performance and maintained costs.

CIMB Group’s opex to ease whilst non-interest income poised for growth

Loans are poised for a 6% growth, UOB Kay Hian said in a report.

CIMB Thai on track for 12% wealth segment growth in 2024

Bonds and technology drive expansion in a challenging economic climate.

CIMB Islamic, PETRONAS inks deal for Islamic commodity derivatives

This is PETRONAS’ first venture towards Shariah-compliant derivatives.

CIMB Personal Loan offers 2.8% interest rate per annum

Loans of over S$30,000, with a tenure of at least 3 years, can qualify for this.