Maybank sets sights on mid-teens return with full Ageas control
Photo: New Straits Times
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is targeting a mid-teens return on equity (ROE) for its insurance and takaful business by 2030 after acquiring full ownership of Maybank Ageas Holdings Bhd.
From the original report
Its president and group chief executive officer Datuk Seri Khairussaleh Ramli said Maybank Ageas' ROE currently stands at about 12.3 per cent, while the transaction is expected to be immediately accretive to Maybank's net profit, earnings per share and ROE.
He said the acquisition would also provide greater flexibility to manage capital within the insurance group.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at New Straits Times
New Straits Times
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About this story
- Source
- New Straits Times
- Originally published
- Aug 3, 2026
- Updated here
- Aug 15, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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