KUALA LUMPUR: Malayan Banking Bhd (Maybank), Malaysia’s biggest bank by assets, posted on Thursday a 6.3 percent rise in first-quarter profit, driven by growth in loans, advances and financing.
Net profit for January-March was 1.7 billion ringgit ($466.65 million) compared with 1.6 billion ringgit a year ago, Maybank said in a stock exchange filing. Revenue rose 9.9 percent to 9.18 billion ringgit.
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