Maybank gets MAS approval to locally incorporate CFS business in Singapore


KUALA LUMPUR: The Monetary Authority of Singapore (MAS) has granted Maybank the approval to locally incorporate its Community Financial Services (CFS) business in Singapore.

Maybank, in a statement today, said MAS has issued a full banking licence with Qualifying Full Bank privileges to Maybank Singapore Limited (MSL), its wholly-owned subsidiary incorporated in the republic.

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