CIMB Group Holdings Bhd's shares climbed 1.5% to RM6.80 today, as the market reacted positively to its aggressive regional expansion strategy. The bank announced plans to strengthen its presence in Vietnam and the Philippines, aiming to capture a larger share of the growing Southeast Asian market. This move is expected to boost future earnings and diversify its revenue streams.
On February 5, 2026, CIMB Group Holdings Bhd, one of Malaysia's major blue-chip stocks, saw a notable increase in its share price, climbing 1.5% to RM6.80. This surge was primarily attributed to the bank's announcement of accelerating its regional expansion plans, particularly in the Vietnamese and Philippine markets. Management indicated that they would deepen penetration in these high-growth economies through digital transformation and strategic partnerships. Analysts believe this move is poised to significantly boost CIMB's non-interest income and regional market share in the coming years, thereby supporting its earnings growth. Investors are generally optimistic about CIMB's long-term prospects, expecting its share price to remain under scrutiny.
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