CIMB to adopt selective loan growth strategy

CIMB Group chief executive officer Datuk Abdul Rahman Ahmad told StarBiz given the prevailing economic situation, the group would likely adopt a selective approach to loan growth in view of the need to reshape its portfolios across the region.

PETALING JAYA: CIMB Group Holdings Bhd, which is focusing on organic growth, expects its non-interest income to outpace its net interest income from loans as the group gears up to face unexpected challenges for the year.

CIMB Group chief executive officer Datuk Abdul Rahman Ahmad told StarBiz given the prevailing economic situation, the group would likely adopt a selective approach to loan growth in view of the need to reshape its portfolios across the region.