fbpx
Connect with us

News

Global Finance Magazine Names Maybank As One of World’s Top Banks

Published

01
Source: Facebook / Plaza Hap Seng

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Malayan Banking Bhd or known Maybank has been named as one of the world’s best banks pitting this homegrown brand with the best in the region.

The inclusion of Maybank into the list, allowed the Malaysian bank to join their APAC counterparts such as Australia’s Commonwealth Bank, China’s ICBS, Indonesia’s Bank Mandiri, Singapore’s DBS and South Korea’s Hana Bank.

Https S3 Ap Northeast 1.Amazonaws.com Psh Ex Ftnikkei 3937Bb4 Images 2 1 9 6 3956912 1 Eng Gb Malayan Banking Atm1 Thm

The inclusion of Maybank into the list by the Global Finance magazine was down to Maybank’s steady performance rooting on “ample capital buffers, a low cost of credit, funded largely by deposits and willingness to meet the challenges of digitisation”.

“Banks in APAC are well positioned and we believe that after the (Covid-19) crisis, most highly rated banks in Asia will return to profitability and continue to merit high ratings.”

01

The listing, however, was not the only accolade Maybank has received thus far, with the bank entering its sixth successive A rating by MSCI ESG Research.

What would this all mean for the consumers? According to Forbes, the world’s best banks are often rated on general satisfaction and key attributes like trust, fees, digital services and financial advice it can give to its clients.

With the world facing much uncertainty courtesy of the major disruption to our lives due to the coronavirus pandemic, it is good to know that we too now have an internationally renowned financial house we can rely on for stability in these trying times. 

 

Also read: M’sian Finance Minister Urges Banks To Offer Interest-Free Moratorium

Bank 001


Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 1 2023 06 02T172301.004 My Post 1 2023 06 02T172301.004
News3 hours ago

Kedah Man Sets Fire to Sleeping Homeless Man’s Mattress, Causing Burns & Damages

A homeless man suffered burns on his legs and buttocks when his mattress was set on fire, the result of...

Collage 16 Collage 16
News10 hours ago

Loan Sharks Hire 3 Men to “Steal” Axia at Penang Traffic Light After Victim’s Mother Fails to Pay Debt

A video showing a man being forcefully pulled out of his car went viral on social media recently, which led...

My Post 1 2023 06 01T120224.766 My Post 1 2023 06 01T120224.766
News1 day ago

Nepali Guide Rescues M’sian Climber from Mt Everest ‘Death Zone’ in Rare High Altitude Operation

A Malaysian climber has been rescued by a Nepali sherpa guide after he was found clinging to a rope and...

My Post 1 2023 06 01T101525.092 My Post 1 2023 06 01T101525.092
News1 day ago

The Ultra Rich Population in M’sia Increased by 9.4% in 2022, Despite Global Decline of 3.8%!

Wealth is a sticky subject in Malaysia, especially considering the huge disparity between the privileged and the underprivileged. And while...

My Post 1 2023 05 31T174621.764 My Post 1 2023 05 31T174621.764
News2 days ago

M’sian Ex-Beauty Queen Sexually Harassed by Over 200 Foreigners After an Acquaintance Leaked Her Info

An ex-beauty queen is facing immense sexual harassment from more than 200 foreign men after her contact information had been...

Feat Image Murder Pd Feat Image Murder Pd
News2 days ago

PDRM Arrests Man in Port Dickson Suspected of Murdering Elderly 67yo Woman Over Unrequited Love

The Royal Malaysia Police (PDRM) arrested a Malaysian man suspected of killing an elderly woman in Port Dickson earlier this...

My Post 1 2023 05 31T111851.166 My Post 1 2023 05 31T111851.166
News2 days ago

Drop in Ringgit Seen as a Blessing to JB Traders as S’poreans are Spending More

Compared to the Singapore Dollar (SGD), the Malaysian Ringgit (RM) is currently at its lowest value in history, at RM3.4047....

My Post 1 2023 05 31T095228.863 My Post 1 2023 05 31T095228.863
News2 days ago

11yo Perak Girl Hospitalised After Accidentally Eating Father’s Cannabis Cookies

An 11-year-old girl was rushed to a health clinic in Lawin, Perak, after accidentally eating cannabis-infused chocolate cookies made by...

Announcement

Latest Videos



TRENDING TODAY