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MALAYAN Banking Bhd (Maybank) is confident the number of corporate organisations and public bodies using its Internet banking service, maybank2u.com, would rise to 400 with transactions totalling RM700mil a month by year's end, said Johar Che Mat, Maybank's executive vice-president for retail financial services.
It is unfortunate that many lenders, including financial institutions, are resorting to debt collectors to recover their loans. This is not a healthy trend and the use of such collectors can lead to unpleasant incidents. V.K. Chin comments.