Maybank on track to meet goals under M25 plan

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is on track to meet goals under its five-year strategic M25 Plan from 2021 to 2025 and will continue to accelerate efforts to unlock greater value for all its stakeholders.

Group president and chief executive officer Datuk Seri Abdul Farid Alias said the bank which made a net profit of RM8.09 billion for the financial year ended Dec 31, 2021 will be in a stronger position given the outlook of Malaysia’s economy this year plus the reopening of borders in April which made more economic activities permissible compared to before.