Maybank aims to double Vietnam assets by 2027

Malaysia’s biggest lender also aims for its securities unit to be the leading foreign broker in Vietnam.

Petaling Jaya: Malayan Banking Bhd (Maybank) plans to double assets in Vietnam to US$2bil by 2027 and become the country’s top foreign bank for syndicated loans, to capitalise on a booming economy.

Malaysia’s biggest lender also aims for its securities unit to be the leading foreign broker, Maybank Vietnam country chief executive officer Michael Foong said in an emailed response to questions.