Cimb Group Holdings Bhd · MYX:CIMB
Cimb Group Holdings Bhd — 9M17 Earnings Presentation
64 slides from Cimb Group Holdings Bhd's earnings presentation, Nov 28, 2017
Slide 1: Analyst Presentation 9M17 Results
Strictly Private & Highly Confidential CIMB Group Analyst Presentation 9M17 Results 28 November 2017
Slide 2: Agenda
Agenda 1. Key Highlights 2. CIMB Group 9M17 Financials 3. PBT by Segment 3.1 Regional Consumer Banking 3.2 Regional Commercial Banking 3.3 Regional Wholesale Banking 3.4 Group Asset Management & Investments 3.5 Group Funding 3.6 CIMB Islamic 4. T18 Updates 5. Final Remarks
Slide 3: 1. Key Highlights
CIMB Group : 9M17 Results 1. Key Highlights
Slide 4: Key Financial Highlights
Key Financial Highlights Operating Income (RM ‘mil) Overhead Expenses (RM ‘mil) Loan Impairment (RM ‘mil) +11.6% Y-o-Y +6.3% Y-o-Y -0.3% Y-o-Y +0.2% Q-o-Q -6.0% Q-o-Q +2.2% Q-o-Q Net Profit (RM ‘mil) Gross Loans * (RM ‘bil) Deposits (RM ‘bil) +4.5% Y-o-Y +26.0% Y-o-Y +7.0% Y-o-Y +1.5% Q-o-Q +2.6% Q-
Slide 5: Key Ratios
Key Ratios ROE NIM CI -250bps Y-o-Y +130bps Y-o-Y +10bps Q-o-Q -11bps Q-o-Q +6bps Y-o-Y -100bps Q-o-Q LD Loan Loss Charge CET 1 +220bps Y-o-Y +110bps Y-o-Y -5bps Q-o-Q -40bps Q-o-Q -5bps Y-o-Y +10bps Q-o-Q 5
Slide 6: PBT By Segments
PBT By Segments 9M17 9M16 9M17 PBT Growth by Key Divisions Consumer Commercial Wholesale Group Asset Group Banking Banking Banking Management Funding & Investments PPOP Y-o-Y +17.7% +16.2% +14.0% +33.0% +43.4% PBT Y-o-Y +10.8% -14.2% +64.6% -51.0% +44.9% PBT Q-o-Q +13.2% -69.2% +18.8% -86.5% +24.4%
Slide 7: PBT By Country
PBT By Country 9M17* 9M16* 9M17* PBT Y-o-Y Growth by Key Countries PPOP Y-o-Y +14.8% +13.0% +7.5% +34.9% PBT Y-o-Y +9.6% +67.1% +33.8% +45.2% PBT Q-o-Q +23.9% +2.4% -66.7% -2.6% Notes: * Excluding HQ costs, mainly comprising of funding costs 7
Slide 8: 2. CIMB Group 9M17 Financials
CIMB Group : 9M17 Results 2. CIMB Group 9M17 Financials
Slide 9: Quarterly Earnings Trend
Quarterly Earnings Trend *RM ’mil Notes: FY15: 3Q15 Excluding tax and MI on ID MSS (RM36 mil) and ID MSS cost (RM134 mil) 4Q15: ID MSS cost (RM32mil) and tax on ID MSS (RM8 mil) 9
Slide 10: Earnings Summary
Earnings Summary (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 9,213 8,247 11.7% 3,049 3,118 (2.2%) Non interest income 3,898 3,505^ 11.2% 1,374 1,209 13.6% Operating income 13,111 11,752 11.6% 4,423 4,327 2.2% Overhead expenses (6,826) (6,421) 6.3% (2,267) (2,263) 0.2% PPOP 6,285 5,
Slide 11: Key Ratios
Key Ratios (%) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q ROE ~ 9.8 8.5 9.5 9.4 NIM ~** 2.67 2.61 2.60 2.71 Non-interest income / total income 29.7 29.8 31.1 27.9 Cost to income 52.1 54.6 51.3 52.3 Allowance coverage # 72.4 83.5 72.4 77.6 Loan loss charge ~ 0.68 0.73 0.73 0.78 Gross impaired loans ratio 3.5 3.
Slide 12: Operating Expenses
Operating Expenses (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Personnel 3,918 3,583 9.3% 1,314 1,327 (1.0%) Establishment 1,651 1,571 5.1% 546 525 4.0% Marketing 212 238 (10.9%) 63 83 (24.1%) Admin & General 1,045 1,029 1.6% 344 328 4.9% Total 6,826 6,421 6.3% 2,267 2,263 0.2% Cost to income 52.1% 54
Slide 13: Gross Loans Growth
Gross Loans Growth Loans by Country as at 30 Sep 17 # Divisions / Products (RM ‘bil) 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Consumer Banking (51.5%) 166.1 155.5 6.8% 164.6 0.9% Mortgages 85.8 77.2 11.1% 84.1 2.0% Term Loans 35.4 34.6 2.3% 35.6 (0.6%) Auto 19.5 19.7 (1.0%) 19.6 (0.5%) Credit Cards
Slide 14: Deposits Growth
Deposits Growth Deposits by Country as at 30 Sep 17 Divisions / Products (RM ‘bil) 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Consumer Banking (47.0%) 166.4 145.6 14.3% 164.4 1.2% Commercial Banking (12.8%) 45.3 45.1 0.4% 45.3 - Wholesale Banking # (40.2%) 142.3 148.2 (4.0%) 139.2 2.2% Total * 354.0
Slide 15: CASA Growth
CASA Growth CASA by Country as at 30 Sep 17 Country (RM ‘bil) 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia 67.2 59.8 12.4% 66.4 1.2% Indonesia ** 31.3 29.9 4.7% 30.5 2.6% Thailand 8.4 11.4 (26.3%) 8.9 (5.6%) Singapore 16.0 12.2 31.1% 15.6 2.6% Others + 2.7 2.5 8.0% 2.8 (3.6%) Total * 125.6 115
Slide 16: Capital Management : CIMB Group
Capital Management : CIMB Group Capital Ratios Min Req. 11.5% 11.9% 12.0% 11.3% CET1 5.125% 10.9% 12.9% 13.0% 13.4% 13.5% 12.4% Tier 1 6.625% 15.8% 16.3% 16.4% 16.8% 16.6% Total Capital 8.625% Sep-16* Dec-16 ^ Mar-17 ^ Jun-17 ~ Sep-17 ~ Leverage Ratio (times) Gearing Ratio Double Leverage Ratio 15.6
Slide 17: 3. PBT by Segment
CIMB Group : 9M17 Results 3. PBT by Segment
Slide 18: PBT by Segments
PBT by Segments PBT (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Consumer Banking (41.9%) 1,915 1,728 10.8% 719 635 13.2% Commercial Banking (6.1%) 278 324 (14.2%) 32 104 (69.2%) Wholesale Banking (40.3%) 1,845 1,121 64.6% 607 511 18.8% Corporate Banking (24.6%) 1,126 569 97.9% 345 308 12.0% Treasury &
Slide 19: 3.1 Regional Consumer Banking
CIMB Group : 9M17 Results 3.1 Regional Consumer Banking
Slide 20: Consumer Banking
Consumer Banking (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 4,413 3,982 10.8% 1,485 1,484 0.1% Non interest income 1,523 1,335 14.1% 547 493 11.0% Operating income 5,936 5,317 11.6% 2,032 1,977 2.8% Overhead expenses (3,272) (3,054) 7.1% (1,117) (1,067) 4.7% PPOP 2,664 2,263 17.7%
Slide 21: Consumer Banking : Gross Loans
Consumer Banking : Gross Loans Country 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia (RM ‘bil) 126.8 117.2 8.2% 124.7 1.7% Indonesia (IDR ‘bil) 49,599 52,871 (6.2%) 50,427 (1.6%) Thailand (THB ‘bil) 111.0 101.0 9.9% 108.3 2.5% Singapore (SGD ‘mil) 2,856 2,902 (1.6%) 2,893 (1.3%) Others * (RM ‘b
Slide 22: Consumer Banking : Deposits
Consumer Banking : Deposits Country 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia (RM ‘bil) 102.0 87.5 16.6% 99.9 2.1% Indonesia (IDR ‘bil) 96,571 92,409 4.5% 94,001 2.7% Thailand (THB ‘bil) 104.3 106.5 (2.1%) 110.1 (5.3%) Singapore (SGD ‘mil) 6,645 5,383 23.4% 6,527 1.8% Others * (RM ‘bil) 1.2
Slide 23: 3.2 Regional Commercial Banking
CIMB Group : 9M17 Results 3.2 Regional Commercial Banking
Slide 24: Commercial Banking
Commercial Banking (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 1,325 1,245 6.4% 433 444 (2.5%) Non interest income 314 241 30.3% 96 95 1.1% Operating income 1,639 1,486 10.3% 529 539 (1.9%) Overhead expenses (873) (827) 5.6% (285) (285) - PPOP 766 659 16.2% 244 254 (3.9%) (Provisio
Slide 25: Commercial Banking : Gross Loans
Commercial Banking : Gross Loans Country 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia (RM ‘bil) 17.1 15.3 11.8% 17.0 0.6% Indonesia (IDR ‘bil) 34,684 32,253 7.5% 35,211 (1.5%) Thailand (THB ‘bil) 37.2 43.5 (14.5%) 37.7 (1.3%) Singapore (SGD ‘mil) 2,880 2,569 12.1% 2,623 9.8% Others * (RM ‘bil)
Slide 26: Commercial Banking : Deposits
Commercial Banking : Deposits Country 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia (RM ‘bil) 20.9 17.8 17.4% 20.3 3.0% Indonesia (IDR ‘bil) 36,072 35,677 1.1% 33,004 9.3% Thailand (THB ‘bil) 14.3 13.0 10.0% 13.2 8.3% Singapore (SGD ‘mil) 3,392 4,604 (26.3%) 3,796 (10.6%) Others * (RM ‘bil) 0.7
Slide 27: 3.3 Regional Wholesale Banking
CIMB Group : 9M17 Results 3.3 Regional Wholesale Banking
Slide 28: ASEAN Capital Markets Activities
ASEAN Capital Markets Activities Industry ASEAN ECM Industry ASEAN DCM USD ‘mil USD ‘bil +7.7% Y-o-Y +18.4% Y-o-Y +29.4% Q-o-Q -4.8% Q-o-Q Industry ASEAN IPO Industry ASEAN M&A USD ‘mil USD ‘bil +52.2% Y-o-Y -68.9% Y-o-Y +43.0% Q-o-Q +83.7% Q-o-Q Sources: Bloomberg and Dealogic 28
Slide 29: Wholesale Banking
Wholesale Banking (RM ’mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 2,758 2,495 10.5% 901 949 (5.1%) Non interest income 1,600 1,460 9.6% 564 460 22.6% Total Income 4,358 3,955 10.2% 1,465 1,409 4.0% Overhead expenses (2,079) (1,955) 6.3% (673) (694) (3.0%) PPOP 2,279 2,000 14.0% 792 715
Slide 30: Wholesale Banking : Corporate Banking
Wholesale Banking : Corporate Banking (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 1,933 1,742 11.0% 639 640 (0.2%) Non interest income 368 449 (18.0%) 124 111 11.7% Operating income 2,301 2,191 5.0% 763 751 1.6% Overhead expenses (761) (773) (1.6%) (236) (256) (7.8%) PPOP 1,540 1,4
Slide 31: Wholesale Banking : Gross Loans
Wholesale Banking : Gross Loans Country 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia (RM ‘bil) 35.6 34.3 3.8% 35.3 0.8% Indonesia (IDR ‘bil) 94,521 88,960 6.3% 94,614 (0.1%) Thailand (THB ‘bil) 52.3 55.7 (6.1%) 49.4 5.9% Singapore (SGD ‘mil) 5,654 5,222 8.3% 5,219 8.3% Others * (RM ‘bil) 16.4
Slide 32: Wholesale Banking : Deposits
Wholesale Banking : Deposits Country 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Malaysia (RM ‘bil) 65.4 55.3 18.3% 58.5 11.8% Indonesia (IDR ‘bil) 54,604 50,582 8.0% 47,362 15.3% Thailand (THB ‘bil) 55.7 61.2 (9.0%) 47.9 16.3% Singapore (SGD ‘mil) 1,093 2,413 (54.7%) 1,171 (6.7%) Others * (RM ‘bil) 8
Slide 33: Wholesale Banking : Treasury & Markets
Wholesale Banking : Treasury & Markets (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 643 582 10.5% 201 246 (18.3%) Non interest income 614 386 59.1% 213 147 44.9% Operating income 1,257 968 29.9% 414 393 5.3% Overhead expenses (587) (444) 32.2% (200) (191) 4.7% PPOP 670 524 27.9% 214
Slide 34: Wholesale Banking : Investment Banking
Wholesale Banking : Investment Banking (RM ’mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 182 171 6.4% 61 63 (3.2%) Non interest income 618 625 (1.1%) 227 202 12.4% Operating income 800 796 0.5% 288 265 8.7% Overhead expenses (731) (738) (0.9%) (237) (247) (4.0%) PPOP 69 58 19.0% 51 18 18
Slide 35: IB Market Share and Ranking (1)
IB Market Share and Ranking (1) 9M17 9M16 9M17 9M16 Market Market Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 9.8% 3 10.5% 2 Cash Equities 4.1% 4 4.7% 3 IPO 19.3% 1 31.0% 1 IPO 3.1% 11 - - ECM 28.4% 1 20.2% 2 ECM 1.0% 19 1.6% 12 EQL Products - - - - EQL Products - - - - M
Slide 36: IB Market Share and Ranking (2)
IB Market Share and Ranking (2) 9M17 9M16 9M17 9M16 Market Market ASEAN Market Market Rank Rank Rank Rank Share Share Share Share Cash Equities 0.2% 78 0.3% 55 Cash Equities 6.3% 2 6.8% 2 IPO 0.2% 63 0.5% 33 IPO 9.1% 1 2.3% 20 ECM 0.1% 76 0.8% 31 ECM 10.5% 1 5.6% 5 EQL Products - - - - EQL Products
Slide 37: 3.4 Group Asset Management & Investments
CIMB Group : 9M17 Results 3.4 Group Asset Management & Investments
Slide 38: Group Asset Management & Investments
Group Asset Management & Investments PBT (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Public Markets 96 72 33.3% 31 35 (11.4%) Private Markets (1) 122 (100.8%) (24) 17 (241.2%) Direct Investments & Others (15) 113 (113.3%) (25) 7 (457.1%) Private Equity Fund Management 15 9 66.7% 2 10 (80.0%) Passive F
Slide 39: 3.5 Group Funding
CIMB Group : 9M17 Results 3.5 Group Funding
Slide 40: Group Funding
Group Funding (RM ’mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 695 493 41.0% 222 234 (5.1%) Non interest income 125 153 (18.3%) 54 36 50.0% Total Income 820 646 26.9% 276 270 2.2% Overhead expenses (377) (337) 11.9% (113) (142) (20.4%) PPOP 443 309 43.4% 163 128 27.3% (Provisions) / Wri
Slide 41: 3.6 CIMB Islamic
CIMB Group : 9M17 Results 3.6 CIMB Islamic
Slide 42: Group Islamic : Earnings Summary
Group Islamic : Earnings Summary (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net financing income 1,133 958 18.3% 392 382 2.6% Non financing income 339 292 16.1% 117 116 0.9% Operating income 1,472 1,250 17.8% 509 498 2.2% Overhead expenses (515) (463) 11.2% (176) (173) 1.7% PPOP 957 787 21.6% 333 325
Slide 43: Malaysia : CIMB Islamic
Malaysia : CIMB Islamic Islamic Financing and Deposits Islamic Residential Mortgages RM ‘bil RM ‘mil +17.6% Y-o-Y +17.1% Y-o-Y +23.1% Y-o-Y +6.1% Q-o-Q +4.7% Q-o-Q +5.3% Q-o-Q Ranking of Total Islamic Assets as at 30 Jun 2017 9M17 9M16 Sukuk Total Assets Market Market Market Rank Company Rank Rank R
Slide 44: 4. T18 Updates
CIMB Group : 9M17 Results 4. T18 Updates
Slide 45: T18 Financial Targets Scorecard
T18 Financial Targets Scorecard T18 Financial Progress: 2016 versus 2015 T18 Targets Highlights 2015 2016 2017 58.1% C/I ratio 57.4% Cost-to- 55.4% 55.4% improving Income 53.9% 50% 53.6% 53.2% within 52.6% 52.3% 51.7% 51.3% expectations 11.9% 12.0% Capital and CET1 11.3% 11.5% RWA 10.7% 10.9% optimi
Slide 46: T18 Progress To Date
T18 Progress To Date JAW PBT Per Employee RM ‘mil Digital Sales Enablement CIMB EVA Revenue ‘000 +252% Y-o-Y 9M16 9M17 46
Slide 47: 5. Final Remarks
CIMB Group : 9M17 Results 5. Final Remarks
Slide 48: Targets for 2017
Targets for 2017 9M17 FY17 Target ROE 9.8% # 9.5% Dividend Payout Ratio 52% ~ 40% - 60% Total Loans Growth * 7.0% (6.4%**) 7.0% Loan Loss Charge 0.68% # 0.60% - 0.65% CET 1 (CIMB Group) 12.0% >11.5% Cost to income 52.1% <53.0% Notes: * Excluding bad bank ** Excluding FX fluctuations # Annualised 48
Slide 49: Final Remarks
Final Remarks Remain cautiously optimistic for the rest of the year Sustained progress on capital, cost and asset quality management Consumer Banking maintaining steady growth trajectory, while Commercial Banking to focus on regional business realignment and asset quality management Wholesale Bankin
Slide 50: Thank You
Strictly Private & Highly Confidential THANK YOU 50
Slide 51: Appendices
CIMB Group : 9M17 Results Appendices
Slide 52: PPOP by Segments
PPOP by Segments PPOP (RM ‘mil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Consumer Banking (42.4%) 2,664 2,263 17.7% 915 910 0.5% Commercial Banking (12.2%) 766 659 16.2% 244 254 (3.9%) Wholesale Banking (36.3%) 2,279 2,000 14.0% 792 715 10.8% Corporate Banking (24.5%) 1,540 1,418 8.6% 527 495 6.5% Treasury &
Slide 53: Consumer Banking Key Highlights
Consumer Banking Key Highlights Y-o-Y Q-o-Q Y-o-Y Q-o-Q Consumer Gross Loans * 8.2% 1.7% Consumer Gross Loans (6.2%) (1.6%) Mortgages 11.7% 2.6% Mortgages 12.1% 3.1% Term loans 4.8% 0.3% Auto (38.9%) (13.4%) Auto 2.9% 0.7% Credit cards 3.0% (0.7%) Credit cards 5.7% 1.8% Consumer Deposits 4.5% 2.7% C
Slide 54: Consolidated Balance Sheet Changes
Consolidated Balance Sheet Changes (RM ‘mil) 30 Sep 17 30 Sep 16 Y-o-Y 30 Jun 17 Q-o-Q Cash & short term funds 42,140 37,584 12.1% 40,081 5.1% Securities purchased under resale agreements 5,580 9,328 (40.2%) 6,728 (17.1%) Deposits & placements with financial institutions 6,133 3,023 102.9% 2,664 130
Slide 55: Asset Quality Ratios – CIMB Group
Asset Quality Ratios – CIMB Group 84.2% 84.7% 84.8% 83.5% 82.7% 80.6% 79.8% 77.9% 79.6% 77.6% 83.6% 76.6% 84.4% 84.4% 83.0% 74.2% 81.8% 80.0% 79.3% 79.0% 72.4% 76.9% 77.0% 75.6% 71.9% 71.7% 3.3% 3.3% 3.4% 3.2% 3.2% 3.3% 3.2% 3.5% 3.1% 3.2% 3.0% 3.0% 3.2% 3.3% 2.9% 3.1% 3.2% 2.9% 3.0% 3.1% 3.2% 3.0%
Slide 56: AFS MTM (Q-o-Q) Position
AFS MTM (Q-o-Q) Position Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 56
Slide 57: CIMB Niaga : Earnings Summary
CIMB Niaga : Earnings Summary (IDR ‘bil) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q Net interest income 9,369 8,887 5.4% 3,040 3,233 (6.0%) Non interest income 2,319 2,239 3.6% 913 690 32.3% Operating income 11,688 11,126 5.1% 3,953 3,923 0.8% Overhead expenses (5,589) (5,543) 0.8% (1,837) (1,879) (2.2%) PPOP
Slide 58: CIMB Niaga : Key Ratios
CIMB Niaga : Key Ratios (Consolidated, %) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q ROE ^ 8.3 5.5 9.0 8.4 NIM ^ 5.74 5.54 5.50 6.05 Cost to Income 47.8 49.8 46.5 47.9 Loan Loss Coverage # 115.1 107.0 115.1 109.3 Allowance Coverage 85.5 85.5 85.5 83.6 Loan Loss Charge ^ 2.3 2.8 2.3 2.4 Gross Impaired Loans Rat
Slide 59: CIMB Thai : Earnings Summary
CIMB Thai : Earnings Summary Before GAAP Adjustments 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q (THB ‘mil) Net interest income 7,604 7,338 3.6% 2,627 2,514 4.5% Non interest income 2,234 2,356 (5.2%) 828 739 12.0% Operating income 9,839 9,693 1.5% 3,455 3,253 6.2% Overhead expenses (5,432) (5,311) 2.3% (2,013)
Slide 60: CIMB Thai : Key Ratios
CIMB Thai : Key Ratios (Consolidated, %) 9M17 9M16 Y-o-Y 3Q17 2Q17 Q-o-Q ROE ^ 2.5 3.9 0.9 5.0 NIM ^ 3.88 3.76 4.00 3.86 Cost to Income 55.2 54.8 58.3 51.4 Loan Loss Coverage ** 85.1 81.6 85.1 84.0 Loan Loss Charge ^ 2.4 2.2 2.6 2.3 Gross NPL ratio ** 5.7 4.2 5.7 5.4 Net NPL ratio ** 3.0 2.5 3.0 2.9
Slide 61: 9M17 Notable Deals
9M17 Notable Deals DCM DCM Prasarana Malaysia Bhd EXPRESSWAY Expressway Authority of Thailand AUTHORITY RM10.0 bil Islamic Medium Term Notes OF THAILAND THB5.7 bil Senior Secured Bond Programme irrevocably and unconditionally guaranteed by the Government of Malaysia TPI Polene PCL based on the Shari
Slide 62: T18 Progress Update
T18 Progress Update A total of 18 programmes have been identified to propel the Group towards its T18 targets T18 Oversight Committee Project Management Office Focus Areas of the T18 Programmes Wholesale Banking Commercial Banking Consumer Banking > 600 projects across Further profitability Sustain
Slide 63: Corporate Responsibility (1)
Corporate Responsibility (1) CIMB Foundation Regional CSR ‘Jalan Merdeka : Traversing the Routes towards Let’s Save and Share (Ayo Menabung Dan Berbagi) Independence’ at Carcosa Seri Negara, Kuala Participation of 5,138 pupils from elementary Lumpur schools, junior and senior high schools Community
Slide 64: Corporate Responsibility (2)
Corporate Responsibility (2) ‘Jalan Merdeka Exhibition’ in Micro Hydro System for Puneng Humanitarian Aid to Community Kuala Lumpur Trusan village in Sarawak of Kg. Hidayat in Sabah Squash juniors won Gold in 29th “Let’s Save and Share” at 4 Blood Donation Drive at SEA Games Kuala Lumpur schools in
CIMB Group Holdings Berhad — 9M17 Earnings Presentation on 6ix