CIMB looks at growing stockbroking business

  • 📰 staronline
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

CGS-CIMB Securities is the stockbroking operations of CIMB and CGS, one of China’s largest stockbrokers.

“We value our current partnership with CGS where we continue to own a residual 25% stake," said Abdul Rahman.and China Galaxy Securities Co Ltd for the stockbroking business may not be ending after all.

CIMB, which is Malaysia’s second-largest banking group by assets, unveiled its financial results for financial year 2022 yesterday. In FY22, CIMB’s NIM expanded by six basis points to 2.51%, driven by the interest rate hikes in Malaysia and Singapore.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines