Maybank expects 1.7 million e-angpao transactions this CNY

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is expecting about 1.7 million e-Angpao transactions worth over RM60 million to be conducted by customers during the Chinese New Year festive season this year.

Group chief executive officer (Community Financial Services) Datuk John Chong said in light of the pandemic, the e-Angpao service provides customers who are unable to meet with their families a safe and convenient way to participate in the cherished tradition.