Maybank Indonesia earnings impacted by slower loan growth, tax expenses

KUALA LUMPUR (Bernama) -- PT Bank Maybank Indonesia Tbk’s profit after tax and minority interest (PATAMI) declined 3.3% in the first nine months of 2021 to 1.06 trillion rupiah from 1.1 trillion rupiah in the same period last year.

The declined was attributed to tax valuation adjustment resulting from deferred tax expenses, the bank said in a statement today.