KUALA LUMPUR: PT Bank Maybank Indonesia Tbk’s (Maybank Indonesia) profit after tax and minority interests (PATAMI) for the financial year ended Dec 31, 2021 (FY 2021), rose 29.9 per cent to 1.64 trillion rupiah (1 million rupiah = RM291) from 1.27 trillion rupiah in the previous year.
In a statement today, the Maybank group said the improved PATAMI was due to lower provisions, declining cost of funds and overhead costs, as well as a strong performance from the Shariah banking unit, as gradual economic recovery in Indonesia took place amid the COVID-19 pandemic.
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