Maybank achieves record net profit of RM10.09bil in FY24

Datuk Khairussaleh Ramli, president and group CEO of Maybank

KUALA LUMPUR: Malayan Banking Bhd (Maybank) reported a 7.9% jump in its bottomline in its 2024 financial year (FY24), driven by strong operating income on the back of positive regional economic activities and a steady improvement in net impairment provisions.

During the year, the group said its net profit hit a historic high of RM10.09bil, an improvement from RM9.35bil in FY23.