<\/p>\n
This is thanks to its non-interest income growing 28.4%.<\/p>\n
Maybank saw its profit after tax and minority interest (PATAMI) rise 9% year-on-year (YoY) to US$ 1.16 b in the first six months of 2024.<\/p>\n
Southeast Asia\u2019s fourth largest bank by assets saw its net operating income grow by 9.4% YoY to US$ 3,43 b during the same period, its latest financial results showed.<\/p>\n
Maybank attributed this to the growth of its non-interest income (NOII), which in turn was thanks to higher core fees, improved insurance performance, as well as an increase in treasury and market gains.<\/p>\n
NOII grew 28.4% YoY to US$ 1,19 b, boosted by core fees growing by 16.5%.<\/p>\n
Net fund-based income rose to US$ 2,25 b, on the back of a 10.4% YoY loan growth across all key segments in Malaysia, Singapore and Indonesia.<\/p>\n
Overhead expenses were higher by US$ 1,67 b in H1 compared to just US$ 1,49 b a year earlier which Maybank said was due to an increase in personnel costs, administration and general costs, IT expenses, and marketing expenses.<\/p>\n
<\/p>","protected":false},"excerpt":{"rendered":"
This is thanks to its non-interest income growing 28.4%. Maybank saw its profit after tax and minority interest (PATAMI) rise 9% year-on-year (YoY) to US$ 1.16 b in the first six months of 2024. Southeast Asia\u2019s fourth largest bank by assets saw its net operating income grow by 9.4% YoY to US$ 3,43 b during […]<\/p>\n","protected":false},"author":1,"featured_media":2358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/Maybank-33-620x445.jpg",620,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/Maybank-33-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/Maybank-33-300x220.jpg",300,220,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2024\/08\/Maybank-33.jpg",620,455,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=2357"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2357\/revisions"}],"predecessor-version":[{"id":2359,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/2357\/revisions\/2359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/2358"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=2357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=2357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=2357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}