Maybank president and group chief executive officer Datuk Khairussaleh Ramli.
PETALING JAYA: Malayan Banking Bhd
(Maybank) posted a 9.8% year-on-year (y-o-y) growth in earnings in the first quarter ended March 31, 2024 (1Q24) on higher core fees and treasury and market gains, which boosted its non-interest income (NOII) by 79.2% y-o-y to RM2.74bil.
Its net fund-based income improved to RM4.84bil for the quarter from RM4.8bil a year earlier, supported by strong group gross loan growth of 11.2% from all key segments in Malaysia, Singapore and Indonesia.
Already a subscriber? Log in.
Start your ads-free experience now!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
