CIMB is the cleanest pan-ASEAN bank play with strong franchises in Malaysia, Indonesia, Singapore, and Thailand. Under CEO Novan Amirudin, capital allocation and digital strategy have sharpened. ROE expanding toward 12% target. Asean economic resilience to US/China decoupling tensions a structural tailwind. Dividend yield around 5.5%.
Thesis reviewed May 29, 2026
CIMB Group Holdings Berhad is headquartered in Malaysia, which is currently showing moderate signals.
π²πΎMalaysia65NEUTRALView Malaysia risk detail βπ¦Financials100NEUTRAL| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| GGAL | Grupo Financiero Galicia S.A. | 90 | +13% | β54% | ENTRY |
| MELI | MercadoLibre | 90 | -14% | β54% | AVOID |
| BBAR | BBVA Banco BBVA Argentina SA | 90 | +21% | β54% | ENTRY |
| BBD | Banco Bradesco S.A. (preferred ADR) | 90 | +5% | β54% | NEUTRAL |
| VIV | Telefonica Brasil (Vivo) | 90 | +8% | β54% | ENTRY |
| UBS | UBS Group AG | 90 | +17% | β54% | ENTRY |
| CIB | Bancolombia S.A. | 90 | +9% | β54% | NEUTRAL |
Investors who hold CIMBY may also have indirect exposure through these country funds.
CIMB Q4 ROE hits 11.6%, on track for 12% target
Indonesia Niaga subsidiary loan growth +12% YoY
Dividend payout ratio raised to 55%