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Banking

Maybank Q1 pre-tax profit at RM2.8bil

PETALING JAYA: Malaysia’s largest listed banking group Malayan Banking Bhd (Maybank) has cautioned about its “very challenging” outlook and the likelihood of potential margin compression ahead, as it began the financial year of 2020 (FY20) with marginal loans growth and a decline in total deposits.

Nation

Frontliners receive PPE worth RM1.4mil

PUTRAJAYA: The Health Ministry has received personal protective equipment (PPE) worth nearly RM1.4mil for its frontliners from various foundations and corporations in the country.