Bursa Malaysia Stock Watch

BIMB - Robust loan growth

kltrader
Publish date: Wed, 29 Feb 2012, 11:43 AM
kltrader
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BIMB Holdings; Buy; RM2.15
Price Target: RM2.20; BIMB MK

4Q11/FY11 results beat expectation, driven by stronger non-interest income. Robust loan growth at 19% y-oy. Asset quality improved with gross impaired financing dropped to 2.6%.

Source: HwangDBS Research 29 Feb 2012
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