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Q1, Maybank catat penurunan laba 31 persen

Q1, Maybank catat penurunan laba 31 persen
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Maybank (BNII) Raih Laba Sebelum Pajak Rp501 Miliar pada Kuartal I/2021

Maybank (BNII) Raih Laba Sebelum Pajak Rp501 Miliar pada Kuartal I/2021
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PLN dukung peningkatan produktivitas pertanian lokal di Papua dengan `electrifying agriculture`

PLN dukung peningkatan produktivitas pertanian lokal di Papua dengan `electrifying agriculture`
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Maybank expects better year ahead

Maybank expects better year ahead
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Malaysia generalDatuk abdul faridSoutheast asiaAbdul faridZamzamzairani mohd isaMalayan bankingAbdul farid aliasTan sri zamzamzairani mohd isaமலேசியா ஜநரல்தென்கிழக்கு ஆசியாஅப்துல் பாரித்மலையன் வங்கிஅப்துல் பாரித் மாற்று

Maybank expects loan loss provision to remain elevated, sets ROE FY21 target at 9%

KUALA LUMPUR (Feb 25): Malayan Banking Bhd (Maybank), whose financial performance was dragged by higher impairments has guided that loan loss provisioning is expected to remain elevated given the continued impact of the Covid-19 pandemic and weak credit environment across its home markets. The Group s allowances for impairment losses on loans, advances, financing and other debts increased in its financial year ended 31 Dec 2020 (FY20) by RM2.3 billion or 101.0% to RM4.6 million compared with the previous corresponding financial year. The group is targeting for its return on equity (ROE) to hover around 9% in financial year 2021 (FY21), slightly higher than the 8.1% recorded in FY20. Looking at past data, its net return on average shareholders equity ranged from 10% to 12% for the five-year period between FY2015 to FY2019.

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