Maybank 2Q net profit rises to RM2.53bil, posts full-cash div of 29c/share

Quick Summary:

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is optimistic of its prospects for the second half of 2024, as it builds on the momentum of a commendable performance in the first half the year.

"The group is confident, that its solid foundation and forward-thinking approach will enable it to navigate any challenges and deliver consistent value to its stakeholders," he said in a statement.

"Maybank’s M25+ strategic initiatives are well-positioned to capitalise on emerging opportunities and drive sustainable growth.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaSingapore

Topics: Loans M25+ Profit Finance Maybank Banking Deposit /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 13:20:00 (6 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 527 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Star

News ID: 22288682

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