"CIMB Thai"

CIMB Thai Bank recently launched its latest product “Maxi Flexi ESG” structured notes that protect the principle at 100% and provide a return on investment (ROI) at 0.25% to 0.75% annually*. The Maxi Flexi ESG aims to help Thai investors increase their wealth regardless of market conditions under good governance practices.

CIMB Thai Bank (CIMBT) forecasts Thailand’s GDP will expand about 1 per cent (0.7-1.3 per cent) this year as long as the Covid-19 situation does not worsen.

A new round of restrictions aimed at containing the fresh wave of Covid-19 will shake the Thai economy’s fragile recovery from its 2020 slump, says CIMB bank. The bank has revised down its GDP growth forecast for 2021 from 2.6 per cent to 2.2 per cent.

CIMB Thai Bank on Friday announced the appointment of Paul Wong Chee Kin as its president and CEO, effective from February 1.

CIMB Thai Bank (CIMBT) has said that the bank has set a target for retail loans in 2021 to expand from Bt138 billion to Bt145 billion, or 5 per cent.

CIMB Thai Plc will adjust its loan expansion target due to the Covid-19 situation that has had a significant impact on Thai economy, the bank's president and chief executive officer Adisorn Sermchaiwong said.

CIMB THAI Bank has launched a new feature of it 's mobile banking application, enabling customers to subscribe corporate bonds under its distribution on their mobile devices.

Amornthep Chawla, executive vice president of the Head Research Office of CIMB THAI, expressed surprise at the decision of the central bank's Monetary Policy Committee (MPC) to cut its policy rate from 1.75 per cent to 1.50 per cent.

The CIMB Thai bank said it has significant improvements attributed to growth in operating income and decline in provisions.

CIMB Group Holdings Bhd has appointed Omar Siddiq Amir Noer Rashid as acting president and chief executive officer of its subsidiary, CIMB Thai Bank PCL, effective January 30.

CIMB THAI yesterday announced its 2018 financial results , showing increased operating income due to loans growth and a lower gross NPL ratio.

CIMB Thai Group recorded a consolidated net profit of Bt168.9 million in the first three months of the year, an increase of Bt47.7 million (39.3 per cent) year-on-year compared to 3M2017.