Malaysia's two largest banks, Maybank and CIMB Group, saw their share prices climb by 1.2% and 1.5% respectively today. This surge was driven by positive analyst reports highlighting robust earnings growth prospects for the banking sector, particularly benefiting these blue-chip giants. Strong loan growth and improving asset quality are key factors contributing to the optimistic outlook.
On March 18, 2026, Maybank's share price rose by 12 sen to RM9.88, while CIMB Group's shares climbed 9 sen to RM6.15. Analysts highlighted that despite global economic uncertainties, the Malaysian banking sector is projected to achieve robust earnings growth in 2026. Key drivers include loan growth fueled by domestic economic recovery, stable net interest margins (NIM), and improving credit costs. Investors are also optimistic about the dividend payout capabilities of these two banks. Strong balance sheets and diversified income streams further underpin their valuations, making them attractive picks for institutional and retail investors alike.
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