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Macro trends reshaping banking industry dynamics, says Maybank CEO | Money

KUALA LUMPUR, Jan 24 Macro trends is reshaping banking industry dynamics and as the environment changes very rapidly, there is a need for the industry to be agile to adjust to the changes. Malayan Banking Bhd (Maybank) group president and chief executive officer Datuk Seri Abdul Farid Alias.

Abdul Farid to step down upon expiry of contract

Abdul Farid to step down upon expiry of contract
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Abdul Farid Alias to step down as Maybank group president and CEO upon contract expiry

KUALA LUMPUR: Maybank has announced that Datuk Sri Abdul Farid Alias will not be seeking a renewal of his contract as group president and CEO, which is set to expire on Aug 1, 2022.

Maybank posts net profit of RM1 68bil in Q3

KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a net profit of RM1.68bil in the third quarter ended Sept 30, 2021, a 13.71% decline from RM1.95bil in the previous corresponding quarter due to a reduction in fee-based income and higher impairment losses.

Maybank posts Q3 net profit of RM1 68bil

PETALING JAYA: Malayan Banking Bhd (Maybank) continues to see sustained growth in its gross loans and total deposits, as well as a drop in impaired loans, despite the weak third-quarter (Q3) economic performance.

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