Maybank

Maybank Group today announced that profit before tax (PBT) for the first quarter ended 31 March 2018 rose 13.7% to RM2.56 billion from RM2.25 billion a year earlier, buoyed by higher fund and fee based income as well as a continued decline in impairments. Net profit rose 9.9% to RM1.87 billion from the RM1.70 billion recorded in the corresponding period last year.

Highlights

• Net fee based and fund based income higher by 12.6% and 2.9% respectively
• Net operating income increases 5.4% Y-o-Y to RM5.83 billion
• PPOP grows 10.8% Y-o-Y on the back of sound cost management
• Profit before tax rises 13.7% to RM2.56 billion
• Net profit increases 9.9% to RM1.87 billion
• Group loans and deposits increase 1.5% and 4.7% Y-o-Y respectively
• Net impairment losses reduced by 7.7%
• Healthy liquidity risk indicators with Group LCR at 153.3% and Group LDR at 92.5%
• Robust capital position: 18.48% total capital ratio & 13.73% fully loaded CET1 ratio

More information is available as follows:
1. Press Release
2. Investor Presentation
3. Financial Statements