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Malaysia's Maybank Q3 net falls 8% on lower non-interest income

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Malayan Banking Bhd (Maybank), Malaysia's largest bank by assets, posted on Wednesday an 8 per cent fall in third-quarter net profit, mainly hurt by lower non-interest income and weaker performance at its insurance and takaful businesses.

[KUALA LUMPUR] Malayan Banking Bhd (Maybank), Malaysia's largest bank by assets, posted on Wednesday an 8 per cent fall in third-quarter net profit, mainly hurt by lower non-interest income and weaker performance at its insurance and takaful businesses.

Net profit for July-September was RM1.61 billion (US$480.60 million) compared with RM1.75 billion a year earlier, Maybank said in a stock exchange filing.

REUTERS

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