Maybank FY16 pre-tax profit drops to RM8.8b
KUALA LUMPUR, Feb 23 — Malayan Banking Bhd’s (Maybank) pre-tax profit for financial year ended Dec 31, 2016 (FY16) declined to RM8.84 billion from RM9.15 billion in 2015 financial year (FY15). Revenue, however, rose to RM44.66 billion from RM40.56 billion in FY2015. In a filing to Bursa Malaysia today, the largest banking…