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Malaysia's Bank Loan Moratorium 2020
In banking, a moratorium is a temporary suspension or delay of loan repayment. In light of the worsening Covid19 situation in this country, most banks in...
CIMB 1Q Earnings Dip 9% Y-O-Y to RM1.19b on Lower Income, Higher Expenses
CIMB Group Holdings Bhd net profit for the first quarter ended 31 March 2019 fell 9% year-on-year (y-o-y) to RM1.19 billion versus RM1.31 billion previousl...
CIMB Group to Disburse at Least RM12b Loans to B40 Group in 2019-2020
CIMB Bank Bhd and CIMB Islamic Bank Bhd are targeting to disburse at least RM12 billion to 40% households with the lowest income or B40 group under facilit...
Weak Loan Applications and Approvals in Jan to Feb 2019 - CIMB Research
The banking industry’s loan growth continued to ease from 5.5% year over year (y-o-y) at end-January 2019 to 5% y-o-y at end-February 2019 and CIMB Equit...
CIMB to Offer Lower Financing Rates for Hybrid Vehicles and GBI-Certified Properties
CIMB Bank Berhad and CIMB Islamic Bank Berhad have rolled out preferential financing rates for new hybrid vehicles and residential properties certified und...
Consider Auction Properties With CIMB and Property Hunter
Property Hunter and CIMB Auto & Property Mart will be undertaking a partnership to promote auction properties on the Property Hunter portal. Home buyers an...
Banks Exercise Considerable Flexibility in Granting Housing Loans, With Three in Four Loans Approved
In slamming reports that banks are too strict with housing loans, Bank Negara Malaysia clarified that financial institutions exercise "considerable flexibi...
CIMB Introduces 1-Minute Home Financing InstaApproval
CIMB Bank Berhad and CIMB Islamic Bank Berhad ("CIMBâ€) have launched the 1-Minute Home Financing as part of CIMB's InstaApproval platform. The CIMB 1...
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