Malayan Banking Bhd (Maybank) has been named one of the “stand-out performers'' in Asia among commercial and retail banks, together with Singapore's United Overseas Bank and South Korea's Kookmin Bank, in the fifth annual report by strategy consultants Mercer Oliver Wyman.
In a study, The State of the Financial Services Industry, Mercer Oliver Wyman said the financial sectors of India, Singapore, Hong Kong, Malaysia, Indonesia and South Korea had delivered among the world's highest returns for shareholders over the past five years.