Maybank Indonesia's net profit jumps 21.2% in H1 2026

PT Bank Maybank Indonesia Tbk achieved a net profit of Rp 698 billion in the first half of 2026, marking a significant 21.2% increase compared to the same period last year. This robust performance was bolstered by the strength of its core banking business, a rise in net interest income, and maintained asset quality despite global economic uncertainties.

President Director Steffano Ridwan attributed the positive results to the disciplined execution of strategic priorities. "This performance reflects the strength of our core banking business and the disciplined execution of strategic priorities amid rising interest rates and global uncertainty that continues to shadow the domestic market," Ridwan stated.

During the first half of 2026, net interest income (NII) grew by 3.9%, supported by a reduction in interest expenses, leading to a Net Interest Margin (NIM) of 4.3%. Although non-interest income (NOII) saw a slight decrease of 5.4% year-on-year, fee-based income increased by 8%. This growth was primarily driven by a 39% rise in wealth management income, a 27.5% increase in automotive financing, and a 54.3% surge in retail banking services.

The bank's balance sheet also showed substantial growth, with total assets expanding by 15.6% to Rp 213.81 trillion by June 2026. Credit quality improved, with the gross non-performing loan (NPL) ratio standing at 2.1% and the net NPL ratio at 1.3%, down from 2.4% gross and 1.5% net in June 2025. Loan disbursement increased by 3.8% to Rp 126.28 trillion, with notable growth in the Global Banking segment.

“

This performance reflects the strength of our core banking business and the disciplined execution of strategic priorities amid rising interest rates and global uncertainty that continues to shadow the domestic market.