Maybank favoured for dividend and reach

“We continue to like Maybank for its regional exposure and leadership position. Moreover, it offers superior dividend yields,” said Hong Leong Investment Bank

PETALING JAYA: Malayan Banking Bhd’s (Maybank) Indonesian operations in its recent results saw a contraction in its net interest margin (NIM) on a sequential basis.

Still, it chalked up a four-fold, year-on-year (y-o-y) rise in its net profit which was in line with analyst expectations.