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Malaysia Maybank Q1 net up 6.3 pct on loan growth
May 28, 2015 / 5:18 AM / 2 years ago

Malaysia Maybank Q1 net up 6.3 pct on loan growth

KUALA LUMPUR, May 28 (Reuters) - 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.

For the full filing, please click: bit.ly/1FEvwrP ($1 = 3.6430 ringgit) (Reporting By Yantoultra Ngui; Editing by Muralikumar Anantharaman)

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