PETALING JAYA: Malayan Banking Bhd
(Maybank), which is focusing efforts on the bank’s M25+ strategy rolled out in October 2022 to grow market share, remains a defensive play on decent dividend yield amid the uncertainty over interest-rate policy and the lack of catalysts to push share price higher.
Analysts and fund managers who attended Maybank’s virtual investor day last Friday were cautiously optimistic as it shared details on three of the seven pillars of the M25+ strategy – wealth management, mid-market segment and global market foreign-exchange (forex) sales – which the bank considers as key areas for growing its Asean footprint.
