KUALA LUMPUR, May 25 — Malayan Banking Bhd (Maybank) posted a 19 per cent jump in first-quarter net profit on the back of regional loans growth, improvement in net interest margin and lower net impairment losses.
Malaysia’s largest lender by assets reported a net profit of RM1.70 billion for January-March compared to RM1.43 billion a year ago.
That was higher than the RM1.2 billion average estimate of three analysts surveyed by Thomson Reuters. — Reuters
