KUALA LUMPUR (Reuters) - Malaysia's biggest lender Malayan Banking Bhd (Maybank) said on Thursday it is keeping a close watch on loans made to the oil and gas sector, after posting a 27 percent drop in quarterly net profit as allowances for loan impairment losses tripled.
Maybank Second Quarter Profit Slides, Says Closely Monitoring Oil Sector Loans
Reuters: Business News, Reuters: Business
Thu, 08/25/2016 - 2:18am
BING NEWS:
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BP reported on Tuesday first quarter earnings of $2.7 billion, missing forecasts, while the company extended its $1.75 billion share repurchase programme.
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