PT Bank Maybank Indonesia Tbk reported earnings results for the first quarter ended March 31, 2017. For the period, net profit after tax and minority interests rose 10.4% to IDR 490.1 billion from IDR 443.9 billion in the same quarter last year. The better performance was due to higher net interest income, effective cost management, healthy growth in corporate loans and continued outstanding performance in Shariah banking. Net interest income rose 8.1% to IDR 1.7 trillion in the quarter from IDR 1.5 trillion in the same period a year ago, mainly due to its active funding management. The bank also reported an increase in its net interest margin to 4.7% in the period compared with 4.3% last year.