Maybank posted its highest ever net profit of RM8.11 billion for the financial year 2018.
“We expect the domestic sector to stay robust but external challenges remain with the trade spat between the United States and China, and the Brexit issue,” he said after announcing Maybank’s 2018 full year financial results. Group loans expanded by 4.8% for the year, while the cost to income ratio was recorded at 47.4%, which was within the bank’s forecast of 48%.