Asia300

CIMB Group Holdings Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 5.6
Mar 23, 2017
Market cap:
Market cap(USD):
49,662.94M
11,213.12M
Shares: 8,868.38M

Currency in MYR

Company profile

Market(Ticker): KLS(1023)
Sector:
Industry:
Finance
Regional Banks
Full time employees: --

Business summary

CIMB Group Holdings Bhd. engages in the provision of consumer and investment banking services. It offers consumer banking, wholesale banking, Islamic banking and asset management products and services. The company was founded by Wee Kheng Chiang and Wee Kheng Whatt in 1924 and is headquartered in Kuala Lumpur, Malaysia.

Company background

CIMB Group Holdings has grown into a regional banking group through mergers and acquisitions, especially in the past 10 years under ex-Group CEO Nazir Razak. Its recent major acquisitions include the Royal Bank of Scotland's Asia-Pacific investment banking business in 2012. Nazir, the youngest brother of Prime Minister Najib Razak, was re-designated as the group's chairman and made a director at Khazanah Nasional from September 2014.

Government investment fund Khazanah Nasional is the major shareholder of the bank with a 30% stake. Mitsubishi UFJ Financial Group holds 5%. The group is now headed by Acting Group Chief Executive Zafrul Abdul Aziz, who was once the head of Maybank investment banking. Overseas businesses led by listed subsidiaries such as Bank CIMB Niaga in Indonesia and CIMB Thai Bank make substantial contributions to group profit. The group is also one of the top brokers in Southeast Asia and one of the leading global Islamic bond issuers.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 16,070M
Gross profit --
Operating income 16,070M
Income before tax 4,880M
Net income 3,560M
EBITDA --
Diluted EPS --
Dividends per share 0.2
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in MYR

Revenue 3,879.09M
Gross profit --
Operating income 3,879.09M
Income before tax 1,177.97M
Net income 859.34M
EBITDA --
Diluted EPS --
Dividends per share 0.04
Total assets --
Total liabilities --
Total equity --
Operating cash flow --

Currency in USD

Valuation measures

Dec 2016

PER 11.23
ROA --
ROE --
Operating margin 100%
Profit margin 22.15%

Key executive

  • Group Chief Executive Officer & Executive Director: Zafrul bin Tengku Abdul Aziz
  • Group Chief Information & Operations Officer: Iswaraan Suppiah
  • Chief Financial Officer: Shahnaz Farouque bin Jammal Ahmad
  • Group Chief Compliance Officer: Keen Yew Kwan
  • Chief Executive Officer-Group Consumer Banking: Renzo Christopher Viegas

Share holders

  • Khazanah Nasional Bhd. (Investment Company)(29.3%)
  • Employees Provident Fund(13.4%)
  • Permodalan Nasional Bhd.(8.6%)
  • Kumpulan Wang Persaraan(5.1%)
  • Mitsubishi UFJ Financial Group, Inc.(4.4%)
  • Fubon Life Insurance Co., Ltd.(1.3%)
  • GIC Pte Ltd. (Investment Management)(1.1%)
  • The Vanguard Group, Inc.(0.9%)
  • Eastspring Investments Bhd.(0.9%)
  • Great Eastern Life Assurance Co. Ltd.(0.8%)

Address

  • Website: http://www.cimb.com
  • Address: Kuala Lumpur Sentral, Jalan Stesen Sentral 2, Kuala Lumpur, 50470, Malaysia
  • Phone: +60.3.2261.0085

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