Maybank buying over Amex ops

  • Business

  • Wednesday, 03 May 2006

'It is a strategic move that will enhance Maybank's position as a leader in the cards business in Malaysia,' says Maybank CEO Datuk Amirsham A. Aziz.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has entered into an agreement to buy the charge card business of American Express (Amex) in Malaysia. 

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