The research arm pointed out that as management emphasised on cost management and asset quality, CIMB reiterated the group’s targets for FY16 including credit charge ratio of 60 to 70bps, cost-income ratio (CIR) below 53 per cent, total loans growth of 10 per cent and ROE to come in around 10 per cent. CIMB - estimated net profit $ 1.12bn ( $ 270 m ) , up 9 % YoY , and in line with expectations
CIMB - estimated net profit $ 1.12bn ( $ 270 m ) , up 9 % YoY , and in line with expectations