CIMB Niaga reports record-high PBT of 8.4 trillion rupiah in FY23

CIMB Niaga president director Lani Darmawan

KUALA LUMPUR: CIMB Group Holdings Bhd's 92.5% indirectly held Indonesian subsidiary PT Bank CIMB Niaga Tbk (CIMB Niaga) posted a 26.7% year-on-year (YoY) jump in pre-tax profit (PBT) to IDR8.4 trillion in 2023 (FY23), translating to earnings per share of IDR259.45.

“Our stellar performance in 2023 is a reflection of our resilience, agility, and customer-centric approach. We continue accelerating profitable growth, as evidenced by the notable increase in profit before tax, reaching IDR8.4 trillion, the highest recorded to date.