The Business Times
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CIMB Group

Asean Business

CIMB says ‘good time’ to invest in battered Indonesia, seeks M&A

Mak was previously CEO of Standard Chartered Malaysia and the first Malaysian in the role.
Companies & Markets

CIMB appoints veteran banker Mak Joon Nien as Singapore CEO

Great Green Run organisers TriFactor and Modellscape Studio hope to evolve the event into a larger lifestyle and sustainability festival.
SGSME

SMF inks deal with Great Green Run to give 50 SMEs free carbon footprint reports

HSBC has said that it’s carrying out targeted strategic reviews of its retail businesses across Australia, Indonesia and Egypt, but no decisions have been made.
Global Enterprise

DBS, OCBC, UOB, Japan’s SMFG among Asia’s biggest banks lining up for HSBC’s Indon assets

CIMB's 9M net profit inched up 0.2% to RM5.94 billion, from RM5.93 billion in the corresponding period last year.
Companies & Markets
BROKERS’ TAKE

Analysts raise CIMB target price on ‘surprise’ capital return initiative

The bank says it will be returning up to RM2 billion of capital to shareholders by end-2027, through special dividends or share buybacks.
Companies & Markets

CIMB Q3 profit up 2.3% at RM2.08 billion 

Victor Lee will be replacing Security Bank’s current CEO Sanjiv Vohra.
Banking & Finance

Ex-CIMB Singapore chief Victor Lee to join Security Bank in the Philippines as CEO

Victor Lee, the chief executive officer of CIMB Singapore, was appointed to lead the branch in 2020.
Companies & Markets

CIMB Singapore CEO’s sudden exit puts spotlight on key profit hub

TNG Digital is 45%-owned by Touch ‘n Go Sdn, a CIMB Group unit.
Asean Business

TNG Digital becomes unicorn in Malaysia, mulls IPO, CIMB says

Novan Amirudin (left), group chief executive officer of CIMB, says: “Tariffs are one factor that would impact a company’s or a bank’s financials, but it’s how we then choose to play with the different levers to offset that situation that is the important part.”
Asean Business

Instead of being a universal bank across Asean, CIMB wants to have a niche in each market, says group CEO

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