Amid an industry-wide deposit competition that compressed its margin in the third quarter ended Sept 30, 2023 (3Q23), CIMB Group Holdings Bhd reported its highest quarterly earnings in 2½ years, driven by a strong non-interest income (NOII).
Malayan Banking Bhd (Maybank) will focus on driving loan growth in key business segments across its “home” markets within a rising rate environment and amid expectations of more moderate global economic growth, going forward.