Amex boost for Maybank

Malayan Banking Bhd (Maybank) expects its latest product – the Maybank American Express Credit Card – boosting its credit card membership by 60,000 to 860,000 in the next 12 months.  

Demand for credit cards in Malaysia was growing at a healthy rate and would continue to do so because it was an easy and safe way to make payments and was regarded as a status symbol, said Maybank group president and chief executive officer Datuk Amirsham A. Aziz at the launch of the new card in Kuala Lumpur yesterday.