Keeping with the times

Lee: If we pay up, we will get the FDs but that will increase our funding cost ... we compete if we have to but what we want to do is be a bit more creative.

MALAYAN BANKING BHD (Maybank) Singapore appears not to be taking any chances when it comes to the ever-changing role of banks.

It has devised strategies which it hopes will continue to keep the lender relevant in the city-state where it is just one of the many hundreds of financial institutions hungry for a bigger slice of the pie.

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