Maybank to spend RM3m for training

Fitch Ratings said Maybank's long-term IDRs and viability rating (VR) reflected its dominant franchise in Malaysia and able management team, which help to underpin its stable funding and liquidity position, sound capital buffers and steady earnings performance through business cycles.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) plans to spend at least RM3mil over the next eight to 12 months, to further upskill its wealth management personnel via the newly-established Maybank Wealth Management Academy (WMA).

The banking giant forged a partnership with the Wealth Management Institute of Nanyang Technological University Singapore here yesterday to establish the WMA and to roll out a regional wealth management curriculum.