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.
Singapore avoids recession due to growth in services sector
Singapore avoids recession due to growth in services sector
The Lion City is expected to post a 0.8% GDP increase this year.
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%.
NODX decline likely to continue for a few more months
Experts predict that NODX will contract by -5.5% to -9% in 2023.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
Boost from China reopening may skirt Singapore’s technical recession: analyst
Maybank said the possibility of a recession went up 30% from 22% in March 2008.
When will the manufacturing recession end?
February marked the fifth consecutive month of decline in industrial production.
SG likely to see ‘worst export performance’ since 2019
Experts expect full-year NODX to drop by 4% to 7% in 2023.
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.
Singapore could dodge recession in 2023: report
GDP growth slowed down to 3.6% in 2022.
Clearer ‘two–sided economy’ in Singapore expected in 2023: Maybank
Economic growth will likely decelerate to 1.5% next year.
Maybank’s net profit rises 28.5% to $658.5m YoY in Q3
The bank benefitted from Southeast Asia’s improving economic environment.
Perennial Holdings clinches S$3b green loan for 8 Shenton Way redevelopment
It is the world’s largest real estate green loan in Asia to date.
Maybank names new Maybank IBG CEO
Michael Oh-Lau Chong Jin’s appointment will be effective on 1 December 2022.
Banks warned vs risks of North Asia exposure, NPLs: Maybank
North Asia non performing loans went up 8% to 191% quarter-on-quarter.
Manufacturing output headline growth rate could potentially stumble: analysts
The industry could suffer a technical recession.
Monetary policy tightening in October likely following record-high inflation in July
Experts expect the S$NEER slope to be raised to 2%.
Maybank enables Singapore, Malaysia card users to link with ApplePay
This includes users of Mastercard and Visa credit, debit, and prepaid cards.
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