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CIMB says Malaysia's 25bps OPR cut would lower banks’ FY17 net profit by about 5%

11:36:00 AM ,


KUALA LUMPUR (July 14): CIMB Investment Bank Bhd said Malaysian banks' financial year 2017 (FY17) net profit could fall by about 5%, following the 25 basis-point (bp) cut in the overnight policy rate (OPR).

Yesterday, Bank Negara Mal...

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