Maybank posts strong H1 financial performance

CEO Khairussaleh said the group has allocated about RM1.45bil for capital expenditure for FY23.

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is strategically directing its focus toward non-rate propositions as part of its efforts to enhance value offerings, particularly targeting its corporate customers.

Amid facing net interest margin (NIM) compression pressures, group president and chief executive officer Datuk Khairussaleh Ramli said that leveraging on Maybank’s substantial base of corporate clients provides the opportunity to create bundled packages that include more than its traditional banking services.