,Group president and CEO Datuk Khairussaleh Ramli told StarBiz that there would be pockets of opportunities across segments in markets where the group operates.新2足球贴士网（www.hgbbs.vip）是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。
PETALING JAYA: Malayan Banking Bhd (Maybank), which like many banks regionally saw net profit impacted by market volatility in the first quarter, is eyeing to grow some of its core segments as it strives to have a stronger financial footprint.
Group president and CEO Datuk Khairussaleh Ramli told StarBiz that there would be pockets of opportunities across segments in markets where the group operates.
With the reopening of regional economies amid higher vaccination levels and controlled Covid-19 cases this year, he said the segments which the group targets include consumer banking, wealth management, global markets, *** all and medium enterprise (SME), insurance, corporate and investment banking, asset management and Islamic banking.
“For Malaysia and Singapore, loan growth for the consumer portfolio will be supported by financing in the housing, vehicle and credit card segments.
“Meanwhile, retail SME financing is expected to be stronger year-on-year (y-o-y) as economic activity rebounds and we continue to support growth across key sectors,” Khairussaleh said in response to email queries.
Meanwhile, he said non-interest income growth would be pursued through investment banking and capital market activities, wealth and investment management as well as trading activities.
In the first quarter ended March 31, 2022 (1Q22), Maybank group saw lower net profit at RM2.04bil while net operating income slipped 5.4% to RM6.45bil, as geopolitical tensions and market volatility impacted the operating environment.
On its net interest margin (NIM), he said the bank expects it to remain stable in financial year 2022 (FY22) with a minimal potential upside, given the rising interest rate environment, as it selectively grows its loan book across key markets and defends its low-cost deposit base.
Its NIM expanded by three basis points y-o-y on lower interest expense while loans rose 5.2% in 1Q22.
With the reopening of regional economies amid higher vaccination levels and controlled Covid-19 cases this year, he said the segments which the group targets include consumer banking, wealth management, global markets, *** all and medium enterprise (SME), insurance, corporate and investment banking, asset management and Islamic banking.
