Overall growth lifts Maybank Indonesian unit earnings


PETALING JAYA: Malayan Banking Bhd’s (Maybank) Indonesian banking unit – PT Bank Internasional Indonesia Tbk (BII) – has recorded a 66% increase in net profit to 922 billion rupiah (RM293.8mil) for the nine months ended Sept 30.

The higher profit was due to solid growth across the bank’s core businesses, improved asset quality including at the subsidiaries, as well as continuing overall operational improvements.

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