Maybank poised for better 2015, says CIMB Research


KUALA LUMPUR: CIMB Equities Research said while 2014 has proven to be a tough one for Malayan Banking (Maybank), it envisages better prospects in 2015, premised on improvements in the operating environment in Indonesia, and the stabilised growth in Malaysia.  

It said on Thursday Maybank’s 9MFY14 net profit missed expectations due to lower non-interest income and a higher tax rate.

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