The improvement in net fund-based income was on the back of a 3.2% y-o-y loans growth across all home markets and key segments of Malaysia, Singapore and Indonesia by 8.0%, 5.9% and 0.8% y-o-y respectively.
Maybank has reported a net operating income of RM7.71 billion ($2.34 billion) for the 1QFY2025 ended March 31, 2025, up 1.8% y-o-y.
The bank’s net fund-based income for 1QFY2025 grew 2.3% y-o-y to RM4.95 billion, while non-interest income (NII) increased to RM2.76 billion supported by growth in wealth management fees.
