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Financial Report Maybank Syariah Form

Financial Report Maybank Syariah Form

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welcome in this video we will share details of maybank's financial performance in the first half of 2024 with you year on year maybank's net profit Rose by 99.0% to 5.02 billion ring as net operating income grew 99.4% to 14.92% increase in our non interest income attributed to core fees growth improved Insurance performance and higher investment in trading income however cost increased 12.0% on higher Revenue related expenses net impairment losses also rose on higher net allowances for financial investments and others but offset by lower net loan Provisions arising from stronger recoveries in line with our net profit growth we declared a full cash interim dividend of 29 Cent per share this resulted in a return on Equity of 11.0% from 10.9% a year ago turning to loans Maybank achieved strong loans growth supported by good deposit growth year on-ear group loans grew by 10.4% to 6688 3 billion ring and group deposits grew by 7.9% to 76.47% increased 99.8% year- on-year on

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