21 Feb '11, 12pm

Maybank Singapore's H1 profit rises 15.7%

SINGAPORE : Maybank Singapore has said its first-half profit before tax rose 15.7 per cent to S$197.5 million for the period ended December. Meanwhile, revenue grew 8.3 per cent to S$330.4 million as compared to the same period the previous year. Malaysia's biggest lender by assets said that the Republic's strong economic growth has accelerated its loans segment. Its loans growth in Singapore grew by 17.8 per cent, led by business loans. The bank added that its loan portfolio remains well-diversified among automobile, housing, general commerce and building & construction. At the group level, Maybank saw a 14.8 per cent rise in net profit for the six months ended December to 2.15 billion ringgit. This led analysts to believe that the bank could post a record full-year profit as the region benefited from a strong economic recovery. Last month, Maybank announced that it will ...

Full article: http://www.channelnewsasia.com/stories/singaporebusinessn...

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#singapore Maybank iSavvy Savings Rates

#singapore Maybank iSavvy Savings Rates

Published by panzer on Mar 1, 2011 under Foreign Bank Fixed Deposits Promotion , Foreign Bank Savings Promotion , Local Ba...

DBS profit up 28% to $2.65b: Net interest incom...

todayonline.com 11 Feb '11, 10pm

SINGAPORE - South-east Asia's largest lender, DBS Group, said on Friday net profit for 2010 grew 28 per cent to $2.65 bill...