You are here

Maybank, CIMB post mixed quarterly results

Maybank, Malaysia's largest bank by assets, records 11% drop in Q4 net profit, while second-largest lender CIMB sees 24% jump in earnings

Kuala Lumpur

MALAYSIA'S largest bank by assets, Malayan Banking Bhd (Maybank), recorded a drop in its quarterly profit and warned of a challenging 2018, while competitor CIMB Group Holdings Bhd's earnings rose.

Maybank recorded an 11 per cent decline in fourth-quarter net profit,...

sentifi.com

Market voices on: