Sharp, essential news and analysis from Malaysia.
CIMB Group is targeting 5-6 per cent loan growth for FY2026, buoyed by robust demand from data centre and artificial intelligence sectors. Consumer banking growth aligns with GDP expansion, while commercial banking faces timing delays in disbursements.
Tabung Haji has successfully addressed RM12.6 billion in accumulated investment losses through a 2018 government-backed recovery plan involving asset sales and ongoing loss recognition, allowing the institution to restore profitability and rebuild reserves.
Malaysia's Royal Commission of Inquiry into Tabung Haji has recommended forensic audits of 14 past investments that caused substantial losses, while flagging critical financial risks from asset transfers to a subsidiary entity.