Wednesday, July 20, 2016

Company Update � CIMB Group (BUY, maintain)


Top Calls

Company Update CIMB Group (BUY, maintain)

- Banking on earnings recovery

We believe that CIMB Group remains on track for an earnings recovery and the upcoming 2Q16 results could provide further confirmations. With its share price trading at distressed level, we believe that downside risks may be limited. Maintain BUY on CIMB with our PT at RM5.00.



For important disclosures, please refer to the Disclosure section at the end of the individual linked research reports.

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