Maybank remains Buy by UOB Kay Hian Research

KUALA LUMPUR: UOB Kay Hian Malaysia Research is maintaining its  Buy recommendation on Malayan Banking (Maybank) with a target price of RM10.80.

It said on Friday Maybank’s Indonesian subsidiary, Bank Internasional Indonesia (BII), released its 9M14 results that were below expectations as earnings continued to be impacted  by rising provisions.