| The Maybank Group delivered another strong financial performance for the year ended Dec 31, 2011, compared to the previous corresponding period, with profit before tax (PBT) and profit attributable to equity holders of the bank rising by 20.1% and 20% respectively.
Earnings per share was up by 13.8% to 34.4 sen. Growth in profit was spurred by higher net income which climbed 21.6% and a decline of 13.9% in allowance for losses on loans despite an increase of 25.7% in overhead expenses...........................................Full Article: Source
|