KUALA LUMPUR (Yosefardi) – Malayan Banking (Maybank) Berhad Group booked loans, advances and financing of RM418 billion in the first quarter of 2015.
Malaysia contributed RM246.5 billion, Singapore RM95.1 billion and Indonesia RM32 billion. While impaired loans reached RM6.26 billion, of which Indonesia recorded impaired loan of RM1.1 billion.
The Group’s profit after tax attributable to equity holders decreased 12% to RM1.7 billion against the preceding quarter ended 31 December 2014.
The Group’s net interest income for the quarter ended 31 March 2015 increased to RM2.6 billion against the preceding quarter of RM2.44 billion.
The global economic growth is expected to see a modest pickup from 3.4% in 2014 to 3.5% in 2015, led
by sustained US growth momentum amid subdued growth in the Eurozone and Japan, and continued slowdown
in China.
The real GDP growth for the ASEAN-6 is expected to perform better in 2015 at 4.9% (2014: 4.5%) with
pick up in Indonesia, Philippines, Thailand and Vietnam to counter the slower expansion in Singapore and Malaysia.
Despite the lower commodity prices, Indonesia’s GDP growth is forecast to improve to 5.3% in 2015 from
5.0% in 2014 with post-election normalisation in economic activities and the increase in infrastructure
and government spending.
PT Bank Internasional Indonesia Tbk (BII) will continue growing its retail and business banking segments, with selected growth in the corporate segment.