CIMB SEES NO INTEREST RATE CUT NEXT YEAR.

(From Bernama The Malaysian National News Agency)

from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, Oct 20 (Bernama) -- The CIMB Group is not expecting any cut in interest rate next year, said chief executive officer, Datuk Nazir Razak

Nazir said this when asked whether consumer loan growth would improve next year should there be a cut in interest rate

"But this is our view, and it can change. At the moment interest rate will remain (at current standing)," he told reporters after the launch of CIMB Bank's latest branch at The Curve shopping mall in Damansara, Selangor today

Nazir added that consumer loan growth had been rapid …