April 1, 2010

CIMB leads bank stocks higher

CIMB Group Holdings Bhd rose to a three-week high, leading gains by Malaysian banks after central bank data showed total industry loans grew 10 per cent in February from a year earlier, its third monthly increase.

Shares of Malaysia’s second-biggest bank climbed 1.4 per cent to RM14.26 at 9:32 am local time, set for its highest close since March 10.

RHB Capital Bhd added 1.1 per cent to RM5.70 and Hong Leong Bank Bhd rose 0.7 per cent to RM8.70. -- Bloomberg

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About Me

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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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