Maybank

Maybank is South East Asia's fourth-largest bank by assets which offers services and products on consumer and corporate banking, investment banking, Islamic banking, stockbroking, insurance and takaful and asset management. 
See below for the Latest Maybank News, Analysis, Profit Results, Share Price Information, and Commentary.

 

Maybank Singapore appoints Alvin Lee as new CEO

Lee is currently head of group wealth management and community financial services.

Maybank Singapore appoints Alvin Lee as new CEO

Lee is currently head of group wealth management and community financial services.

Maybank Singapore approves landmark US$100m green-linked Islamic loan

Maritime transportation services company AET will use it to reduce GHG emissions.

Maybank profits up 21% to $1.48b in 9M 2023

Profit before tax is up 14.4% in the first nine months of the year.

Maybank opens Islamic wealth management hub in Singapore

It will offer end-to-end Islamic wealth solutions.

Maybank eases cross-border fund transfers between SG, Malaysia

The bank added over 50 DuitNow participating institutions where customers can send money over.

Maybank’s first half profits surge 26% YoY

Its further expansion was dampened by a contraction in net fund-based income.

Southeast Asian banks thrive in competitive differences, digitalisation

Maybank’s Thilan Wickramasinghe reveals contrasting strategies employed by banks in the region and the impact of technological trends on the sector.

Maybank Singapore to maintain capital, liquidity above regulatory waters: Moody's

The bank hopes to keep a low problem loan ratio of around 0.5%. 

Maybank's asset quality, profitability to remain stable: Moody's

Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%. 

How Maybank SG's YES fuels tech growth of new SMEs

Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.

Deposit war squeezes Malaysian banks’ margins

There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.

Maybank records 10.7% increase in Q1 profits

The group’s profit before tax also grew 2.7%.

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

Maybank Singapore’s profit before tax doubles to S$655.92m in 2022

This was reportedly thanks to higher income and lower loan loss allowances.

Malaysian banks “well-placed” to weather 2023 headwinds: S&P

Credit costs are expected to stay flattish and slowing credit growth should be manageable.

Maybank’s net profit rises 28.5% to $658.5m YoY in Q3

The bank benefitted from Southeast Asia’s improving economic environment.

Maybank names new Maybank IBG CEO

Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.