Maybank Indonesia’s net profit strengthens 7%


Maybank HQ in KL

KUALA LUMPUR: Bank Maybank Indonesia Tbk’s profit after tax and minority interest (PATAMI) rose by 7% year-on-year to 809.7 billion rupiah during the first half of 2020 ended June 30 (1H2020).

The bank attributed the performance to the improvement in its fee-based income, which rose by 1.4% to 1.2 trillion rupiah in June 2020, as well as sustained strategic cost management.

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