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Islamic Finance Briefing - Categorized | Banking, Performance more

CIMB Group Q2 profit up 34pct

Posted on 27 August 2010

From Thestar.com.my: CIMB Group Holdings Bhd posted its best three- and six-month performance when it announced its second quarter results to June 30 on the back of a strong rebound in corporate and investment banking, a surge in contribution from PT Bank CIMB Niaga and drop in loan loss provisions.
CIMB reported a 34.1% increase in net profit of RM889mil for the second quarter compared with the previous corresponding period. Revenue was up 16.59% to RM3.02bil. These results are in line with analysts’ expectations……………………………………….Full Article: Source

 
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