econ
Malaysia
Maybank

Maybank

BankingNo. 2 in MalaysiaMalaysia
Founded
1960
Headquarters
Kuala Lumpur, Malaysia
Ticker
1155.KL
Sector
Banking

Stock performance

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History

Malayan Banking, known as Maybank, was founded shortly before Malaysian independence and grew into the country's largest bank, expanding across Southeast Asia from the 1990s onward, particularly into Singapore, Indonesia, and the Philippines, building one of the more genuinely regional banking networks among ASEAN financial institutions.

Business model

Maybank provides retail, corporate, investment, and Islamic banking services across Malaysia and a significant Southeast Asian regional network, with a particularly large Islamic banking business reflecting Malaysia's position as a global center for Islamic finance.

Market position

Maybank is the largest bank in Malaysia and one of the largest banking groups in Southeast Asia by assets, with a leading position in global Islamic banking specifically, an area where Malaysia has positioned itself as an international hub.

Country impact

Maybank is the largest financial institution in Malaysia and a significant vehicle for Malaysian banking-sector expansion across Southeast Asia. Its Islamic banking leadership reinforces Malaysia's broader positioning as a global Islamic finance center.