Group president and chief executive officer Datuk Abdul Farid Alias(pic) said the group would focus on pricing discipline, strong capital and liquidity positions, as well as sound risk management and operational efficiency in the coming months
PETALING JAYA: Malayan Banking Bhd
(Maybank), the country’s biggest bank by assets, reported a slightly higher bottom line of almost RM2bil in its third quarter, 2% up from RM1.96bil a year ago even as it remains vigilant and cautious on its outlook for the rest of the year and the next.
“Earnings were lifted by a 14.1% rise in net operating income during the quarter, which came on the back of a robust 38.6% rise in net fee-based income and a 6.0% increase in net fund-based income, ” Maybank, which is also South-East Asia’s fourth-largest bank by assets, said in its statement yesterday.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
