Preparing for unexpected events

“Moving forward, we will continue to strengthen our digital capabilities and pursuit of innovation, as well as accelerate our sustainability commitments which we believe will provide us the competitive edge in pursuing our growth agenda,” Abdul Farid told reporters at a virtual briefing yesterday.

PETALING JAYA: With the expectation of a more challenging second half of 2021, Malayan Banking Bhd (Maybank) is working towards maintaining sufficient buffers for unexpected events.

The banking group, which is South-East Asia’s fourth-largest bank by assets, said yesterday it remains cautious on potential asset quality slippages in the coming months.