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Home News Business

CIMB Group looks forward to participating in Asean's next phase of development

by thesun
May 3, 2026
in Business
Reading Time: 2 mins read
Summarize with ChatGPTSummarize with Perplexity


PETALING JAYA: CIMB Group Holdings Bhd remains focused on strong governance and forward-looking oversight to ensure accountability, preserve stakeholder confidence and deliver long-term sustainable value.

“Anchored by our diversified Asean footprint, sound balance sheet and a franchise built on trust, CIMB Group is well-positioned to participate in the region’s next phase of development.

“The board’s mandate is to steward Forward30 with focus and continuity, ensuring that the group’s strategic ambitions remain grounded in sustainable growth, resilience and disciplined capital allocation,“ chairman Datuk Syed Zaid Albar said at the group’s 69th annual general meeting (AGM) and extraordinary general meeting (EGM) on Wednesday.

Shareholders passed all 14 ordinary resolutions tabled, and the audited financial statements for FY25 were duly received.

Group CEO Novan Amirudin said, “In the first year of Forward30, we not only laid strong foundations for future growth but also delivered another year of record financial performance. This builds on our consistent track record, generating total shareholder returns of close to 3x over the past decade, significantly outperforming the broader market.

“Our long‑term value creation has been underpinned by diversified income streams, resilient margins, strong liquidity and asset quality as well as disciplined capital management. This has enabled us to deliver sustainable returns on equity of 11.3% and consistent dividend distributions, including a special RM2 billion capital return programme announced earlier this year.”

He added, “As we move into the next phase of Forward30, we remain relentlessly focused on execution to deliver enhanced shareholder value, supported by disciplined investments to build a stronger, more resilient CIMB Group, as we work towards our ambition to become the top-of-mind Asean bank by 2030.”

CIMB Group delivered a record net profit of RM7.9 billion for the financial year ended Dec 31, 2025, up 4.2% on a constant currency basis from the preceding year, while annualised return on average equity improved to 11.3%, up 10 basis points from 11.2% in 2024.

It also maintained a strong capital position, with its Common Equity Tier 1 ratio at 14.3% as of December 2025.

During the year, the group announced an additional RM2 billion capital return programme to shareholders by 2027 and declared a total annual dividend of 47.1 sen per share, resulting in a record total dividend payout of RM5.1 billion.

Islamic banking remains a key growth pillar for the group. In Malaysia, CIMB Group is expanding investment access to the banking sector for syariah-compliant investors by piloting Islamic capital market products in collaboration with the Securities Commission Malaysia and Bursa Malaysia.

At the same time, the planned spin-off of CIMB Niaga Syariah is expected to strengthen its position as the number two syariah bank in Indonesia.

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