Maybank Q1 net profit drops to RM1.8b on global uncertainty | Malay Mail

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Maybank Q1 net profit drops to RM1.8b on global uncertainty

Mohaiyani said the results were within expectations, given the softer outlook that had been expected due to on-going global geopolitical issues. — Picture by Yusof Mat Isa

“Nevertheless, we will remain focused on driving our growth agenda through disciplined pricing of credit, ensuring sound cost and risk management, as well as driving productivity and efficiency for sustainable future growth,” she said. “Asean continues to be an important market for the group with its growing population and stable economic growth, and we continue to see opportunities that we can tap into, particularly as we drive our digital agenda forward,” he said.

Its Indonesian operations grew by a robust 11.3 per cent year-on-year followed by other international markets at 4.7 per cent, Malaysia 3.7 per cent and Singapore 3.4 per cent.

 

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