CIMB Group Announces 1H20 Profit Before Tax of RM910 Million

CIMB Group Holdings Berhad (“CIMB Group” or the “Group”) announced a profit before tax (“PBT”) of RM910 million and net profit of RM785 million for the first half period ended 30 June 2020 (“1H20”), down from RM3.56 billion and RM2.70 billion recorded respectively in the corresponding period last year. This translates to a lower annualised […]

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CIMB AND Berjaya Sompo Introduce Secure Home

CIMB Bank Berhad (“CIMB” or “the Bank”) in collaboration with Berjaya Sompo Insurance Berhad (“Berjaya Sompo”) have introduced Secure Home, a first online all risks protection insurance plan that covers both household goods and personal belongings in your home against loss and damage, on a first loss basis. Secure Home, along with selected SOMPO Motor and other general insurance […]

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CIMB Rolls Out Payment Programme For Customers Upon Pandemic

CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) announced the details of its targeted repayment assistance programme post-moratorium as part of its continued commitment to assist severely affected customers to weather through this challenging period. In line with YAB Prime Minister’s recent announcement on the government’s extended COVID-19 relief initiatives, […]

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CIMB Group Named Best Malaysian Organisation

CIMB Group (“the Group” or “CIMB”) has been recognised at the TalentCorp LIFE AT WORK 2019 awards with three top accolades in the categories for Best Malaysian Organisation, Outstanding Practice for Talent Development Initiative and CEO Champion. These awards are an affirmation of CIMB Group’s continuous efforts to deliver best in class Human Capital practices and drive diversity […]

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CIMB Shows Q1 Net Profit of RM508m

CIMB Group reported a Profit Before Tax (“PBT”) of RM714 million for the first quarter of 2020 (“1Q20”). The weaker PBT was attributed to lower non-interest income (“NOII”) and higher provisions across selected markets. Net interest income (NII) grew by 4.8%, underpinned by steady 3.8% loan growth and operating expenses remained under control. The Group’s […]

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