CIMB Niaga s net profit doubles thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR, Feb 21 CIMB Group Holdings Bhd’s 92.5 per cent indirectly-owned subsidiary, PT Bank CIMB Niaga Tbk (CIMB Niaga), posted an audited consolidated net profit of 4.1 trillion Indonesian rupiah in financial year 2021 (FY2021), a 103.8 per cent year-on-year (y-o-y) growth translating.
KUALA LUMPUR, Dec 17 CIMB Group Holdings Bhd has appointed Lani Darmawan as the president director and chief executive officer (CEO) of Indonesian subsidiary PT Bank CIMB Niaga Tbk (CIMB Niaga). She will be the first female country CEO in CIMB Group. In a filing with Bursa Malaysia today, CIMB.
CIMB Niaga and JCB launch JCB Contactless Credit Card in Indonesia - Press Release wiredprnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiredprnews.com Daily Mail and Mail on Sunday newspapers.
Friday, 30 Jul 2021 02:33 PM MYT
KUALA LUMPUR, July 30 CIMB Group Holdings Bhd’s 92.5 per cent-held indirect subsidiary, PT Bank CIMB Niaga Tbk (CIMB Niaga) today reported an unaudited consolidated net profit of 2.1 trillion rupiah, an increase of 22.2 per cent year-on-year (y-o-y) in the first half of 2021 (1H21).
CIMB Niaga president director Tigor M. Siahaan attributed the growth to the 8.7 per cent y-o-y increase in operating income while operating expenses were generally flat, resulting in an improvement in the company’s cost-to-income ratio at 45.1 per cent, while loan loss provision inched higher by 5.1 per cent.
“Despite the encouraging 1H21 results, we remain cautiously optimistic in light of the resurgence of Covid-19 outbreak.