PETALING JAYA: Malayan Banking Bhd (Maybank) said net profit grew 6.3% to RM1.6bil in the first quarter ended March 31, boosted by its fast-expanding Islamic banking business and improved performance by units overseas.
The country’s biggest banking group is also reaping the benefits of its cost management initiatives that contributed to better margins.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!