CIMB Group Holdings Bhd, Malaysia’s second-biggest bank, is targeting to achieve a return on equity of as much as 20 per cent from 2011 on wider lending margins and credit cost improvements, said Credit Suisse Group AG.
The return-on-equity goal, a gauge of how effectively earnings are reinvested, is targeted at 16 per cent this year, Danny Goh, an analyst at Credit Suisse said in a report today.
CIMB climbed 1.9 per cent to RM13.74, on course for its steepest advance since March 8. It’s the best performer on the benchmark stock index today. - Bloomberg
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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