CIMB Group Holdings Bhd 2014 Annual Report with Sustainability Disclosures
Company: CIMB Group Holdings Bhd
Sector: Finance & insurance
Country: Malaysia
Year: 2014
Type: Annual Report with Sustainability Disclosures
Pages: 291
The report describes a challenging 2014, with Business-as-Usual revenue of RM14.0 billion and profit before tax of RM4.3 billion, both lower year on year. It highlights the launch of 1Platform in Malaysia, digital-banking initiatives and expansion into Laos, Hong Kong and Shanghai. CIMB also reports RM10.2 million in Malaysian grants through CIMB Foundation and continued community, education and sports programs. Its Target 2018 strategy sets priorities including ROE above 15%, CET1 above 11%, and a 60% consumer-banking income contribution.
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