KUALA LUMPUR, Nov. 27 (Xinhua) -- Malaysia's largest banking group Malayan Banking Berhad (Maybank) has reported higher profit in the third quarter that ended Sept. 30, 2024, led by higher non-interest income.
Maybank said in a bourse filing on Tuesday that its net profit for the quarter grew 7.6 percent year-on-year to 2.54 billion ringgit, as its revenue also climbed 4.17 percent year-on-year to 16.69 billion ringgit.
Maybank president and group chief executive officer Khairussaleh Ramli said in a separate statement that the bank's corporate strategy to focus and drive initiatives on super growth areas, particularly wealth management, bancassurance and the global banking mid-market segment, has yielded positive outcomes. (1 ringgit equals 0.22 U.S. dollars) ■
