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CIMB Thai's FY23 net profit down 44.9% to 1.61billion baht

KUALA LUMPUR: CIMB Thai Bank PCL’s net profit fell to 1.61 billion baht, a decrease of 44.9 per cent year-on-year (y-o-y) for financial results for the year ended Dec 31, 2023 (FY2023) due to operating expenses growth exceeding operating income growth, coupled with a 48.5 per cent increase in expected credit loss (ECL). (100 baht = RM13.27)

Kuala-lumpur , Malaysia , Thailand , Thai , Paul-wong-chee , Thai-bank , Group-holdings-bhd , International-settlements , Paul-wong-chee-kin , Bursa-malaysia , Banking , Cimb-thai

CIMB ASEAN Scholarship aims to empower the brightest youth in the region by providing pathway to tertiary education

FULFILLING one’s aspiration or dream often starts with getting to attend your preferred university and pursuing your field of choice.

Singapore , Malaysia , Thailand , Cambodia , Philippines , Indonesia , Vietnam , Republic-of , Malaysian , Signature-graduate-management-programme , Signature-graduate-management

CIMB Thai, Positive Thinking Company partner to establish software development center

CIMB Thai Bank and Positive Thinking Company, a leading technology company in Asia-Pacific, have announced to establish an expert software development center for CIMB Thai in Hanoi. - VnExpress International

Malaysia , Bangkok , Krung-thep-mahanakhon , Thailand , Hanoi , Han-i , Vietnam , Republic-of , Kuala-lumpur , Chiang-mai , Australia , Thai

CIMB Thai records 9.9% jump in operating income in 1Q

KUALA LUMPUR: CIMB Group's banking franchise in Thailand posted a consolidated operating income in 1Q23 rose 9.9% year-on-year (y-o-y) to THB3.83bil (RM495.3mil) from the same quarter in 2022.

Thailand , Kuala-lumpur , Malaysia , Thai , Paul-wong-chee , Thai-group , Wong-chee , Banking , Cimb-thai , Paul-wong-chee-kin , Financing , Loans

CIMB Thai registers 24.3% jump in 2022 net profit to RM395mil

KUALA LUMPUR: CIMB Thai Bank PCL, a 94.83% indirectly held subsidiary of CIMB Group Holdings Bhd, posted a net profit of THB3.03bil (RM395mil) in the financial year ended Dec 31, 2022, which represented a 24.3% increase from the previous year.

Kuala-lumpur , Malaysia , Thailand , Thai , Paul-wong-chee , Group-holdings-bhd , Thai-bank , Wong-chee-kin , Banking , Cimb-thai , Paul-wong-chee-kin , Financing

CIMB Thai registers 1H net profit of THB2.12bil

KUALA LUMPUR: CIMB Thai Group posted a net profit of THB2.12bil (RM257.04mil)in the first half of 2022, a 121.6% jump over its performance in the same period last year as the group reined in operating expenses and expected credit losses.

Kuala-lumpur , Malaysia , Thailand , Thai , Thai-group , Bursa-malaysia , Banking , Cimb-thai , Cimb ,

CIMB Thai posts two fold increase in net profit to THB1.06bil in 1Q22

KUALA LUMPUR: CIMB Thai Group's net profit for the three months ended March 31, 2022, surged 210.9% year-on-year (y-o-y) to THB1.06bil (RM134.44mil) on the back of better cost controls.

Kuala-lumpur , Malaysia , Thailand , Thai , Paul-wong-chee , Thai-bank , Thai-group , Wong-chee-kin , Corporate-news , Cimb-thai , Banking , Paul-wong-chee-kin

CIMB Thai posts improved 9M21 net profit of THB1.71bil

KUALA LUMPUR: CIMB Thai Bank PLC recorded a net profit of THB1.71bil (RM212.65mil) in the nine months ended Sept 30, 2021, a 16.4% year-on-year (y-o-y) increase over the previous corresponding period due to better cost control.

Kuala-lumpur , Malaysia , Thailand , Thai , Thai-bank , Thai-group , Corporate-news , Cimb-thai , Cimb , Banking ,

Paul Wong appointed CIMB Thai president and CEO

Paul Wong Chee Kin has been appointed as president & CEO of CIMB Thai, effective Feb 1.
KUALA LUMPUR: Paul Wong Chee Kin has been appointed as president & CEO of CIMB Thai, effective Feb 1, CIMB Group
said on Friday.
He succeeds Sutee Losoponkul, who was acting president & CEO since September 2020 following the departure of the previous CEO, Adisorn Sermchaiwong.
Sutee will remain with CIMB Thai and assume the role as adviser to the president & CEO up to Dec 31,2021.
CIMB Group said these appointments have received approval from the Bank of Thailand.
Wong is currently CIMB’s group chief operations officer, overseeing activities across functions in the areas of payments and digitalisation as well as strategy, customer delivery and process improvements.

Kuala-lumpur , Malaysia , Philippines , Thailand , Singapore , Thai , Datuk-mohd-nasir-ahmad , Sutee-losoponkul , Adisorn-sermchaiwong , Paul-wong-chee , Paul-wong , Bank-bhd