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Confidence in CIMB Group unshaken

Confidence in CIMB Group unshaken

July 20, 2018

AmBank Research has maintained a “buy” recommendation on CIMB Group, with an unchanged fair value of RM6.80 per share. Its fair value is based on an FY19 P/BV of 1.2x, supported by an ROE of 10.8 per cent.

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