PETALING JAYA: The financial results of CIMB Group
Holdings Bhd’s 92.5% indirectly-owned subsidiary, PT Bank CIMB Niaga Tbk’s (CIMB Niaga), were within analysts’ expectations but most are not upgrading their earnings estimates for the lender just yet, amid a cautious outlook.
Kenanga Research said the group’s Indonesian operations would continue to gain market share in 2022 by capitalising on economic revitalisation.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
