Maybank: Allegations of financial trouble baseless

“With regard to your query on recent news articles suggesting that Maybank is one of the three Malaysian banks that will face major financial trouble owing to exposure to Genting Hong Kong, Maybank would like to state vehemently that these allegations are baseless,” Maybank said said in a written reply to query on the issue.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) says allegations that it will face major financial trouble owing to exposure to Genting Hong Kong are baseless.

“With regard to your query on recent news articles suggesting that Maybank is one of the three Malaysian banks that will face major financial trouble owing to exposure to Genting Hong Kong, Maybank would like to state vehemently that these allegations are baseless,” it said in a written reply to query on the issue.