Maybank 3Q net profit rises 28.5% to RM2.17bil

Maybank group president and chief executive officer Datuk Khairussaleh Ramli

KUALA LUMPUR: Malayan Banking Bhd (Maybank), which saw its net profit jump 28.5% to RM2.16bil in the third quarter ended Sept 30 is focused on driving loans growth in key business segments across the bank’s home markets within a rising rate environment.

“The group will continue to drive fee-based income opportunities in growth areas such as wealth management, global markets, investment banking, asset management, and insurance,” the bank said in a filing with Bursa Malaysia.