MBSB’s future path

PETALING JAYA: A corporate exercise is inevitable for non-bank lender Malaysia Building Society Bhd (MBSB) as it maps out its next five-year growth phase on the back of an increasing competitive landscape.

According to president and chief executive officer Datuk Ahmad Zaini Othman (pic), MBSB has to get out of its “no-man’s land” position where there are some drawbacks such as being unable to tap into low-cost deposits.