CIMB group chief executive officer Datuk Abdul Rahman Ahmad
KUALA LUMPUR: CIMB Group
Holdings Bhd, which posted a net profit of RM1.41bil in the third quarter ended Sept 30 (3Q), is firmly on track to exceed its FY22 targets as it approaches the year-end.
“Notwithstanding this, we are maintaining our cautious stance for the year ahead as we expect some tapering in loan demand given the rising interest rate environment and intensified competition for deposits in line with economic activity.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
