Maybank posts record profit, cautious on external uncertainties

Record performance: (from left) Farid , chairman Datuk Mohaiyani Shamsudin and Amirul sharing a light moment after the banking group

 KUALA LUMPUR: The country’s largest lender Malayan Banking Bhd (Maybank), which saw for the first time ever its net profit breach the RM7bil level, remains “cautiously optimistic” moving forward owing mostly to the external environment.

Group president and chief executive officer Datuk Abdul Farid Alias said although the overall sentiment worldwide was “quite positive” currently, the bank, whose fortunes are closely tied to global economic conditions, chooses to be cautious.