Nonetheless, CIMB still offers decent dividend yield as of the moment, at about 3.
We believe some banks may outperform others and here are the top five banks you should be looking at now based on their earnings, risks, assets, and returns valuations.
Top 5 Malaysian Banks That Could Be Your Best Investment
Since it was established in1966, Public Bank has grown its customer deposits to RM310 billion.
However, these scores may change from time to time and it is important to keep track of your investment portfolio using trusted sources before making any decision.
In case you are not aware, CIMB offers for entry-level and fresh graduates too! With its full-fledged consumer, investment and Islamic banking services, CIMB also have a brand presence in Indonesia and Thailand with its entities, CIMB Niaga and CIMB Thai.
For its latest FY2016 financial result, the group has claimed that it delivered the best performance in the history of CIMB with a net profit of RM3.
Description: With a boost like this, BIMB is on a solid ground to continue to deliver outstanding performance in its earnings if it rides further on technology and innovations to expand its market share.
KUALA LUMPUR (April 13): Khazanah Nasional Bhd is trimming its stake in CIMB Group Holdings Bhd by placing out 83 million shares representing 0.8% in the banking group in an accelerated placement.According to a summary of the offer sighted by theedgemarkets.com, the price range is set between RM5.10 and RM5.28 per share for the book building that opened on Wednesday and closed the same night.
1. Bank Islam Malaysia Bhd (BIMB) Malaysia is one of the leading countries in Islamic finance and BIMB being the leading Islamic bank in the country certainly deserves our attention. If you look closely at its share price, BIMB has seen a steady growth of 11.8% to RM4.36 (as of April 20, 2017) compared with a year ago.
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