Asian Banking & Finance

CIMB Thai has been a drag to its parent company.

Wholesale segments are lifting up BNI’s loans.

Rathi served as head of strategy and corporate development for an India fantasy sports tech company.

CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.

Bank services may be becoming increasingly difficult to successfully impersonate.

The Thai bank believes that wealth management will drive its income growth through 2028.

Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.

The deal is expected to lift its Indonesian unit’s AUM by about 25%.

All sensitive data used in the exercise will be permanently deleted once complete.

Anita Li joins Citi in July.

Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.

Its commercial loan balance rose to HK$2.3b, it said.

The SME sector received similar support during the pandemic era.

Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).