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.
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