Maybank Indonesia profit improves to RM1.32bil


Maybank Indonesia president director Taswin Zakaria(pic) said the bank went through a

KUALA LUMPUR: PT Bank Maybank Indonesia Tbk (Maybank Indonesia) posted an operating profit before provision of 4.6 trillion rupiah (RM1.32bil) for the year ended Dec 31, 2017, up from 4.4 trillion rupiah (RM1.26bil) in the previous year.

In a statement yesterday, Maybank said this was due to its 97.4%-owned subsidiary’s continued improvement in operational efficiency, better fee-based income, strong performance in global banking, sharp growth in syariah banking and improved performance of subsidiaries.

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