Maybank group president and CEO Datuk Abdul Farid Alias (left) and CFO Datuk Amirul Feisal Wan Zahir at the briefing of the group's latest financial results yesterday
KUALA LUMPUR: The country’s largest banking group, Malayan Banking Bhd
(Maybank), saw growth in the top line but profit was impacted due to provisions for the impairment of assets in accordance with accounting rules.
For the first-half ended June 30, Maybank registered a net operating income of RM10.74bil, an 8.7% increase year-on-year (y-o-y).
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