Maybank able to weather any stress including Covid-19


Group president & CEO Datuk Abdul Farid Alias said the board and management have always ensured that the group remained ahead of the capital and liquidity requirements set by bank regulators, particularly in its three key markets of Malaysia, Indonesia and Singapore.

KUALA LUMPUR: Malayan Banking Bhd is able to withstand any stress due to the changes in the operating environment, including the Covid-19 pandemic despite a downgrade of its rating by Fitch Ratings.

Maybank stated on Monday its ability to weather the changes was underpinned by its robust liquidity and capital positions built over the years.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year
Philippine stocks set for recovery

Others Also Read