Maybank cuts BLR, deposit rates by 25 basis points

KUALA LUMPUR (March 3): Malayan Banking Bhd (Maybank) said it will cut its base rate (BR) and base lending rate (BLR) by 25 basis points effective Thursday, in line with the reduction in the overnight policy rate (OPR) announced by Bank Negara Malaysia today.

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What Malaysia's banking chiefs say about Budget 2020

KUALA LUMPUR (Oct 11): Pragmatic, carefully curated to benefit the rakyat across ethnic groups and with timely incentives to reduce the country's dependence on foreign labour — these are among the comments from Malaysia's top bankers on Budget 2020, which was tabled in Parliament today by Finance Minister Lim Guan Eng.

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Maybank roped in for Penang megaproject

KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC) said it had overcome a hurdle in the contentious Penang Major Roads and Third Link development as Malayan Banking Bhd (Maybank) had been roped in to provide financing for part of the project.

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