Cimb Group Holdings Bhd (CIMB.KL)
* Lower profit in consumer and corporate banking, loss in investment banking
KUALA LUMPUR, May 29 CIMB Group Holdings Bhd reported an 8.7% fall in first-quarter profit on Wednesday due to a drop in non-interest income from the absence of a one-off gain recognised in the previous year.
March 5 MALAYSIAN SOVEREIGN WEALTH FUND KHAZANAH NASIONAL SAYS IT WILL HAVE A REFRESHED MANDATE KHAZANAH NASIONAL SAYS TO PURSUE TWO INVESTMENT OBJECTIVES - COMMERCIAL AND STRATEGIC KHAZANAH NASIONAL LISTS INVESTMENTS INCLUDING CIMB GROUP HOLDINGS BHD CIMB.KL, AXIATA GROUP BHD AXIA.KL AND ALIBABA GROUP BABA.N IN ITS COMMERCIAL FUND KHAZANAH NASIONAL LISTS INVESTMENTS IN TENAGA NASIONAL BHD TENAKL, MALAYSIA AIRLINES, MALAYSIA AIRPORTS MAHB.KL AND TELEKOM MALAYSIA TLMM.KL AND PLUS MALA
* 2018 NIM at 2.5 pct, sees further 5-10 bps contraction in 2019
KUALA LUMPUR, Feb 28 Malaysian lender CIMB Group Holdings Bhd posted a 5.4 percent rise in fourth-quarter net profit on Thursday, largely on a better performance at its commercial banking and group funding businesses.