Page 18 - Malayan Banking News Today

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is on track to meet goals under its five-year strategic M25 Plan from 2021 to 2025 and will continue to accelerate efforts to unlock greater value for all its stakeholders.

PETALING JAYA: RHB Banking Group has named internal candidate Mohd Rashid Mohamad as its group managing director (MD)/chief executive officer (CEO) effective April 1.

PETALING JAYA: “Mixed emotions, a bit of relief and a tinge of sadness, it hasn’t hit me yet,” says Malayan Banking Bhd (Maybank) group president and CEO Datuk Seri Abdul Farid Alias.

AS one of the largest corporate debt restructuring exercises in recent years is about to begin, it begs the question of whether some local companies have taken on too much debt prior to the pandemic.

PETALING JAYA: Malaysian banks generally saw an acceleration in loans growth as lockdowns were eased and the broader economy reopened at the end of last year.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) will continue offering support to customers who are still recovering from the effects of the pandemic under its Maybank Repayment Assistance programme for individuals, small and medium enterprises (SME) and non-retail customers.

Opening up of businesses lifts bank’s earnings

(Bloomberg) -- The conflict in Ukraine is sparking renewed jitters about tensions between China and Taiwan, and the worries are showing up in the island’s assets.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) recorded a net profit of RM2.06bil in the fourth quarter ended Dec 31, 2021, which was 33.79% higher than RM1.54bil in the previous corresponding quarter.

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