Malayan Banking reports a 4% rise in Q1 net profit to 2.59 billion ringgit, aligning with market forecasts.

Malayan Banking, Malaysia's largest lender, saw its first-quarter net profit rise by 4% to 2.59 billion ringgit, meeting market expectations due to better insurance services and lower losses. The bank plans to focus on customer segments like wealth management and regional partnerships to sustain growth, despite global trade uncertainties. AmBank also reported a net profit increase to RM513.93 million, its first financial year under the WT29 strategy, boosting interest and fee income.