Sunday, 7 June 2015

Maybank Q1 net profit surges 6.2% to RM1.70 billion

Net operating income and loans growth delivered.

The Maybank Group has announced that it has delivered first quarter net profit of RM1.70 billion, a 6.2% increase from the RM1.60 billion achieved in the first quarter of 2014.

According to a release from Maybank, this comes as a healthy rise in fee income coupled with robust loans growth boosted performance across all its business pillars. Profit before tax (PBT) for the quarter rose from RM2.21 billion a year earlier to RM2.24 billion.... more

 

APAC Financial Markets • #InvestmentBanking, #Malaysia, #Maybank, #QuarterlyResults, #RetailBanking, #Revenue #QuarterlyResults

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