Top foreign and local stories at 4pm


Maybank is the largest bank in Malaysia with consolidated assets of RM702bil at end-March 2016

PruBSN sees continued growth of takaful industry: The takaful industry is expected to continue its growth, further supported by higher awareness among Malaysians despite the current economic conditions and high cost of living’ says Prudential BSN Takaful Bhd (PruBSN) chief executive officer Aman Chowla. — Bernama

Maybank’s M2u to introduce more online services: Malayan Banking Bhd plans to introduce more online services to further simplify its banking services as well as boost operational efficiency. Maybank head of community financial services, Malaysia, Datuk Hamirullah Boorhan, said among the new services will be the “Quick Touch for Android” to be launched in March. Maybank’s online banking portal Maybank2u (M2u) records about RM174bil of transactions a year and sees volume of transactions growing by about 30%. — StarBiz

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