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CIMB GROUP DOING WELL REGIONALLY, SAYS RESEARCH UNITS.
from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, Feb 24 (Bernama) -- CIMB Group Holdings Bhd's fourth quarter result for 2009 indicates that the banking group is making good progress in its regional growth plans, says OSK Research.
In its note today, the research house said the progress included a bigger regional investment banking market share and transactional banking growth trajectory, and has therefore maintained a "Buy" on the stock and a target price of RM14.90.
Among others, OSK Research also noted that CIMB Group's loans growth were ahead of target, excluding CIMB Thai, as its core loan base grew 11 per cent year-on-year versus its own growth …
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- OSK RESEARCH MAINTAINS 'BUY' CALL ON CIMB GROUP.
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News wire article from: BERNAMA The Malaysian National News Agency
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