SHANGHAI: A woman in central China who made her two young children sit on an air conditioning unit outside their flat on the 23rd floor just to annoy her husband has been condemned online.
The turnaround in CIMB Singapore comes following a shift in the bank’s business towards segments that yield higher returns.Holdings Bhd may get a boost from its Singapore operations that have made a significant turnaround after having impaired oil and gas as well as marine sector loans in 2020.
“CIMB Singapore’s financial ratios are looking much healthier than they were back in financial year 2020 . Margins have improved significantly and the bank’s balance sheet is highly liquid with a loan to deposit ratio of just 67.8%. CIMB Singapore is also less focused on lower-margin consumer banking products such as mortgage albeit being better in asset quality.
“CIMB Group has also derisked its loan book by exiting structured trade and commodity finance, and reduced its oil and gas and commodity trading exposures,” RHB Research added.
Cimbgroup Singaporeoperations Bankturnaround Profitboost Loangrowth Smebanking Wealthmanagement
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Malaysia needs to elevate TVET to shine at China WSC in ShanghaiLYON: The outstanding achievement by Malaysian youth at the WorldSkills competition (WSC 2024) this year proves that the Technical and Vocational Educ...
Read more »
Outrage as China tourist strikes Winnie the Pooh actor at Shanghai Disneyland, causing fall“I don’t know if you know this, but Puff is an investor in Twitter,” Musk told a CEO, using a nickname for Combs.
Read more »
Alcaraz charms China crowd, overpowers Shang to reach Shanghai Masters third roundSHANGHAI, Oct 5 — Four-time Grand Slam winner Carlos Alcaraz made short work of China’s Shang Juncheng today, defeating him in straight sets to breeze through to the Shanghai...
Read more »
Singapore university prepares for tourist surge during China’s ‘golden week’STOCKHOLM/SAN FRANCISCO (Reuters) - In the early years, getting AI models like ChatGPT or its rival Cohere to spit out human-like responses required vast teams of low-cost workers helping models distinguish basic facts such as if an image was of a car or a carrot.
Read more »
China's Stimulus Package Fuels Surge in Singapore-Listed Chinese StocksSingapore Exchange (SGX)-listed Chinese companies have seen a sharp rally in recent days, with share prices surging to their highest level in years following Beijing's unexpectedly large stimulus package.
Read more »
Singapore colleges are new travel hotspot for China’s tiger momsPETALING JAYA: Men's doubles shuttlers Goh Sze Fei-Nur Izzuddin Rumsani put on a smashing show to upstage China's world No. 1 Liang Weikeng-Wang Chang and reach the final of the Arctic Open.
Read more »