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Islamic Finance Briefing - Categorized | Banking, Performance more

Maybank confident of hitting target

Posted on 24 August 2012

Maybank Philippines Inc. said it is optimistic it can hit its growth target this year after posting a more than four-fold increase in earnings in the first half of 2012. Maybank’s net income jumped significantly to P360 million during the period, from as P89 million in the same period in 2011.
“We are looking at a 20 percent income growth in 2012,” the bank said. The bank also has large interests in Islamic banking through Maybank Islamic Berhad and insurance via its Etiqa subsidiary. In Malaysia, it has 384 domestic branches, and 190 international branches and offices………………………………………..Full Article: Source

 
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