CIMB Niaga nine-month net profit at RM550mil


CIMB Niaga president director Tigor M. Siahaan said the bank grew mortgages by 7.9% year-on-year, while auto loans rose by 7% year-on-year.

PETALING JAYA: PT Bank CIMB Niaga Tbk (CIMB Niaga) posted an unaudited consolidated net profit of 1.9 trillion rupiah (RM550mil) in the first nine months of 2020, translating to an earnings per share of 74.79 rupiah.

In a statement yesterday, CIMB Niaga said its capital adequacy ratio remains strong at 20.88% as at Sept 30,2020.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

CIMB Niaga , Tigor M. Siahaan , mortgages , auto loans ,

   

Next In Business News

Ringgit opens higher amid cautious sentiment�
FBM KLCI moves sideways on inflation risk and growing geopolitical turmoil
Trading ideas: TCS, Handal, Binastra, DLMI, Hibiscus, Cape EMS, Dialog, Star, APM, Comfort, Hextar
Oil settles flat on partial restart of Sverdrup field
Dutch Lady’s 3Q24 net profit rises
Bank Negara committed to supporting country’s cash economy
Innovation, collaboration key to drive market resilience
TCS bags Sabah Pan Borneo Highway deal
Steady loan growth a win for Alliance Bank
Dialog quarterly bottom line rises 14%

Others Also Read