who took the bait? cimb trumping thai bank interest rates.

[meatboy]

although i tried to open an acc.with them early jan.they have still been dangling the carrot offering the best rates. its no wonder because their last qtr.profits were the lowest for 9yrs.down 76%.and they need restructuring.

we all know how banks work when they need a bit of cash but it doesnt make good reading.

they even gave a cautious outlook for malaysia and indonesia.

they have already closed down is investment operations in australia and are cutting jobs.

looks like someone has taken their EYE'S off the ball.

they had better start offering 10% for me to consider