CIMB chalks up 5.4% rise in Q4 profit

Kuala Lumpur

MALAYSIAN lender CIMB Group Holdings Bhd posted a 5.4 per cent rise in fourth-quarter net profit on Thursday, charting three years of consecutive quarterly profit increases, largely lifted by its commercial banking and group funding businesses.

The lender, Malaysia's second-largest by assets after Malayan Banking Bhd, also achieved record quarterly profit in the first half of 2018.