CIMB Group Holdings Bhd 2006 Annual Report with Sustainability Disclosures
Company: CIMB Group Holdings Bhd
Sector: Finance & insurance
Country: Malaysia
Year: 2006
Type: Annual Report with Sustainability Disclosures
Pages: 376
The report highlights the financial and operational performance of Bumiputra-Commerce Holdings Berhad for the fiscal year 2006, a transformative year in which the group integrated Southern Bank Berhad and rebranded as CIMB Group. The company achieved a record net profit of RM1.504 billion and surpassed its primary financial target with a net return on equity of 13.98%. In addition to financial milestones, the group expanded its regional footprint into Thailand and the Middle East. The company also demonstrated its commitment to corporate social responsibility by contributing over RM7.3 million to community, education, and environmental initiatives, including disaster relief efforts in Johor and Yogyakarta.
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