Top three Malaysian banks outperform their regional peers

July 17, 2014

KUALA LUMPUR - Malayan Banking Bhd., CIMB Group Holdings Bhd. and Public Bank Bhd., all based in Kuala Lumpur, have given investors much to cheer about in the past five years, with each of the top three Malaysian banks in terms of net loans ahead of SNL Asia-Pacific Bank Index tracking total returns.

Five-year total returns on Public Bank and Malayan Banking (Maybank) were 173.70% and 135.13%, respectively, as of July 4, far outpacing a 64.64% gain in the index. CIMB Group returned 72.10%.
Aggregate loans and deposits at the three banks grew 27.45% and 21.38%, respectively, in the two years to March 31, while net income increased 12.18% to 3.34 billion Malaysian ringgit.  www.snlasiapacific.com (ATI).