Maybank Indonesia posts pre-tax of 1.66 trillion rupiah in 9M23

Datuk Seri Khairussaleh Ramli

KUALA LUMPUR: Malayan Banking Bhd’s (Maybank) 98.52%-owned PT Bank Maybank Indonesia Tbk (Maybank Indonesia) saw its pretax profit (PBT) grow 11.8% to 1.66 trillion rupiah for the nine months ended Sept 30 (9M23) from 1.48 trillion rupiah in the same period last year.

In a statement, Maybank Indonesia said the positive growth in PBT was derived from better earnings in the bank’s loan composition, particularly from the retail and retail small-medium enterprise (RSME) loans following a continual lift in public consumption.