Maybank

Maybank Group today announced that Group net profit for the first quarter ended 31 March 2017 rose 19.3% to RM1.7 billion from RM1.43 billion a year earlier, as it booked more loans, and benefitted from an improved net interest margin as well as substantially lower net impairment losses. Profit before tax was 16.5% higher at RM2.25 billion from RM1.93 billion a year earlier.

Highlights 1QFY17

• Net operating income increases 3% Y-o-Y to RM5.55 billion
• Profit before tax rises 16.5% to RM2.25 billion
• Net profit increases 19.3% to RM1.7 billion
• Net fund based income higher by 8.6% to RM4.12 billion
• Group loans and deposits increase 10.1% and 4.5% Y-o-Y respectively
• Net impairment losses reduced by 38.2%
• Strong Group CASA ratio of 37.1% from 33.3% in March 2016
• Robust capital position: 18.50% total capital ratio & 13.02% CET1 ratio

More information is available as follows:
1. Press Release
2. Investor Presentation
3. Financial Statements 
4. Bursa (Exchange) announcement