PETALING JAYA: An improvement in fee-based income in the financial year ended Dec 31, 2019 (FY19) helped lift PT Bank Maybank Indonesia Tbk’s gross operating income by 3.7% to 10.8 trillion rupiah (RM3.17bil) from 10.4 trillion rupiah in FY18.
Maybank Indonesia said in a statement that operating profit before provision increased 0.3% to 4.4 trillion rupiah, while profit after tax and minority interest declined 18.2% to 1.8 trillion rupiah from 2.2 trillion rupiah in FY18, due to higher loan loss provision.
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