Maybank posts positive Q3 results

Malaysia’s largest banking group by assets intends to maintain its liquidity and capital positions to support business growth and meet the needs of its stakeholders in an uncertain economic environment.

PETALING JAYA: Malayan Banking Bhd (Maybank) will focus on driving loan growth in key business segments across its “home” markets within a rising rate environment and amid expectations of more moderate global economic growth, going forward.

Maybank, with its “home” markets in Malaysia, Singapore and Indonesia, projects the central banks in these countries to continue with their respective monetary tightening policies to combat inflationary pressures and thus affecting consumer spending and growth.