PETALING JAYA: Malaysia’s largest banking group, Malayan Banking Bhd
(Maybank), has resigned itself to waiting on the sidelines after being locked out of the negotiations for RHB Capital Bhd and Malaysia Building Society Bhd (MBSB).
Sources said Maybank had expressed its interest to the authorities on RHB Cap two weeks ago, but has decided to stay out of the race for now due to the exclusivity agreement between the banks and CIMB Group.
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