KUALA LUMPUR: Maybank Indonesia’s net profit after tax and minority interests (Patami) rose 10.4% to 490.1 billion rupiah in the first quarter ended March 31 from 443.9 billion rupiah in the same quarter last year.
The better performance was due to higher net interest income, effective cost management, healthy growth in corupiahorate loans and continued outstanding performance in syariah banking, the bank said in a statement. Maybank Indonesia or PT Bank Maybank Indonesia Tbk, recorded loans growth of 5.7 % to114.2 trillion rupiah from 108.1 trillion rupiah previously.
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