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Maybank shares slide after Pakistan buy
2008-05-06 13:25:00 TA Research set a target price of 7.30 ringgit on the stock and also kept its sell recommendation. KUALA LUMPUR, May 6 - Shares in Malaysia's largest lender, Malayan Banking , touched a 4-1/2-year... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Malaysia's Maybank signals major acquisition
2008-05-03 11:44:00 Last month, Malaysian weekly The Edge quoted sources as saying Maybank wanted to buy a stake of 10 to 20 percent in MCB. (Reporting by Clarence Fernandez and Niluksi Koswanage in Kuala Lumpur and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Maybank ATM - Be Cautious - Count your notes
2008-04-08 10:12:00 Overview Fellow Malaysian who draws money from Maybank ATM machines might want to count their notes each time they withdraw money from any Maybank ATM machines after checking out this post. You have been warned, be cautious. Disclaimer Notice Deimos did not author the following letter as he received it via an email forward. Dear All, I would like to ...
Kookmin to sell BII stake to Maybank
2008-03-27 05:57:00 SEOUL - South Korea's top lender, Kookmin Bank, said on Thursday it will sell its 14 per cent stake in Bank International Indonesia (BII) to Malayan Banking, which had offered to pay a hefty premium... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Malaysia's Maybank to pay 510 rupiah/share for BII
2008-03-26 08:24:00 KUALA LUMPUR, March 26 (Reuters) - Malaysia's biggest lender, Malayan Banking Bhd , is paying 510 rupiah per share for Bank Internasional Indonesia (BII) , a senior company official said during a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Maybank makes US$2.7b bid for Indonesia's BII
2008-03-26 04:38:00 KUALA LUMPUR - Malaysia's Malayan Banking (Maybank) has secured a controlling stake in Indonesia's sixth-biggest lender, Bank Internasional Indonesia (BII) , for US$1.5 billion, Maybank said on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Maybank?s RM8.6bil acquisition for BII
2008-03-26 04:30:00 Malayan Banking Bhd is undertaking a massive RM8.6bil acquisition for Indonesia?s sixth largest bank -- PT Bank Internasional Indonesia Tbk (BII) -- after succeeding in securing a 55.7% stake from Temasek Holdings Bhd.Maybank told Bursa Malaysia on Wednesday that it had entered into a share sale agreement with Temasek?s unit Fullerton Financial Holdings Pte. Ltd. (FFH) to acquire its 100% stake in Sorak Financial Holdings Pte. Ltd for about RM4.8bil.Sorak owns 55.7% of BII and upon completion of the agreement Maybank will be the controlling shareholder of BII.As required by Indonesia?s regulatory rules, it would have to make a tender offer for the remaining 44.3% shares held by the remaining shareholders of BII.?The total amount involved for the tender offer is approximately Rp11.0 trillion or the equivalent of approximately RM3.8bil and will be funded via internally generated funds and/or borrowings,? it said.Indonesia News Blog: http://indosnesos.blogspot.com-
Indonesia's BII shares jump 8.4 pct on Maybank buy
2008-03-26 04:08:00 JAKARTA, March 26 (Reuters) - Shares of PT Bank Internasional Indonesia Tbk , opened 8.43 percent higher at 450 rupiah on Wednesday after Malaysia's Maybank said it will buy a stake in Indonesia's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Malaysia's Maybank buys stake in An Binh Bank
2008-03-21 13:31:00 Malaysia's top lender, Malayan Banking Bhd (Maybank), has agreed to buy a 15% stake in An Binh Bank for 430 million ringgit ($135.2 million) cash, Maybank said on Friday. It said it might raise the stake to 20% with the approval of the Vietnamse government, it said in a statement. ABBank, founded in 1993, is among... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Here comes Maybank Visa Debit Card
2008-03-15 16:22:00 Maybank just launched a new visa debit card which ties to your saving or current account. Very likely this card can be used to withdraw Paypal funds. Being Malaysia largest bank in terms of both market capital and internet banking users, this will mean a major push for debit card usage in the country. Interesting to ...
By: sell more online
HSBC, Bank of China, MayBank race for BII stake
2008-03-12 08:51:00 HSBC, Europe's biggest bank, Bank of China and Malaysia's Malayan Banking Bhd have emerged as the final bidders for Singapore state investor Temasek's stake in Bank Internasional Indonesia (BII), valued at more than $800 million, sources told Reuters on Wednesday. Temasek TEM.UL, which has stakes in two Indonesian banks, is trying to sell its 42 percent stake in BII BNII.JK, the country's sixth-biggest lender, to comply with a new central bank rule that bars foreign investors from owning more than one bank in Southeast Asia's biggest economy. It also owns a controlling stake in Bank Danamon BDMN.JK. Temasek has until the end of 2010 to comply with Indonesia's new policy on bank ownership, but banking sources said the deal could happen much earlier.Indonesia News Blog: http://indosnesos.blogspot.com-
Maybank leads BII stake race
2008-03-07 09:04:00 Malaysia's Malayan Banking Bhd is the front-runner to buy an indirect stake in Bank Internasional Indonesia Tbk (BII) BNII.JK, Indonesia's sixth-biggest lender, the Financial Times said on Friday. Singapore state investment firm Temasek is looking to sell its 75 percent stake in BII's controlling shareholder, Sorak Financial, which owns 55.78 percent of the Indonesian lender. "An executive from one of the competing bidders, who preferred not to be named, said Maybank would probably end up as the buyer," the Financial Times said, quoting the executive as adding that Maybank was prepared to pay a high price.Indonesia News Blog: http://indosnesos.blogspot.com-
Maybank’s Singapore home loan rate cut sets cat among pigeons
2008-02-19 00:03:00 Maybank’s Singapore home loan rate cut sets cat among pigeons Analysts divided on whether this will signal undercutting among the banks By CHOW PENN NEE (SINGAPORE) Maybank has fired a salvo that could shake up the home loan market here by slashing its rates. This has led to speculation that banks might start to undercut each other to drum up business. Meanwhile, the banks themselves are adopting a cautious stance in a falling interest rate environment that could change direction. For a three-week period, Maybank is launching a promotional three-year fixed rate home loan package which is the lowest of all the banks surveyed. Home-owners pay 1.68 per cent per annum for the first year, 2.68 per cent pa for second year and 3.38 per cent pa for the third year. The rates apply to both HDB and private home loans. Homeowners are subject to a three-year lock-in period and fees will apply in case of early redemption, prepayment and cancellation during that time. Before this promo...
My Customer Service Better Than MayBank
2007-12-27 08:00:00 I?m in charged of export market and most of the time I will email to communicate with them. My manager told me that once I receive customer?s email, I have to reply them within 2 days time. If it is not possible to reply them within this period, I must send them short email saying ...
By: vivivava Design
Lousy Customer Service from MayBank
2007-12-26 17:24:00 27 November 2007, I have asked some questions pertaining to the MayBank credit card. 26 December 2007, nearly one month, I just received their respond on the email. We always hoping that the good customer service, but MayBank stuff delayed respond to my email for about one month’s time. I’m so angry and reply to ...
By: vivivava Design
10 Top and Largest Banks in Malaysia
2007-12-23 10:12:00 Presently, there are more than 20 commercial banks licensed by the Bank Negara Malaysia (BNM). Followings are the top biggest bank according to their 2006 net profit. The figures were obtained from the National Union of Bank Employees, NUBE. Please note that the revenues taken into account are only applicable for their respective Malaysia operation. As ...
By: Skor Career
Maybank Staff on MOGOK
2007-12-11 03:56:00 While I was blog-hopping, I stumbled upon Jason?s entry who wrote about his encounter with a group of Maybank employees picketing outside of their branch office. I never knew about the strike before this, and upon further information-digging via the search engine, I discovered that the strike has been going on for quite some time, ...
By: Skor Career
Maybank oh Maybank
2007-11-14 16:01:00 Whenever someone asks me about the best bank in the country, I will give them 2 banks. One is Public Bank for its best counter service. They are so efficient and fast you will not have enough time to fill-up your form if you take the queue number first. For online service, I will suggest Maybank. ...
By: Swordie Bloggie
Lousy Maybank Customer Service
2007-08-15 06:49:00 Maybank customer service hotline has the worst service of all. Each time I call I will be put on hold for more than 10 minutes, listening to those stupid recorded message. I wonder if anyone is working at their customer service call line. Waste my money of calling, waste my time of waiting. This is Malaysia ...
Maybank / Maybank2u.com Cyber Mall
2007-07-02 15:57:00 The Maybank2u Cyber Mall. Where you can buy cyber sex services online in Malaysia. No, just kidding, its a badly named website run by Maybank.
MayBank
2007-06-19 08:47:00 MayBank and Maxis enter into mobile payments alliance 8th May 2007 By Staff Writer Mobile operator Maxis Communications Berhad has entered into a strategic alliance with financial services provider MayBank to offer its consumers the ability to make payments from their mobile handsets. The service, Maxis' M-money, is the first complete mobile money service offered in Malaysia, and will enable its nine million customers to transfer money anywhere in the country at anytime, and purchase selected goods and services via their mobile phone. Consumers will be able to instantly credit their M-money account via their mobile using Maybank Financial Services (MFS) or walk in to selected Maxis centers or DropZone outlets. At launch, customers can pay online for pizza from Domino's Pizza, mobile content downloads from Maxis and the new myzone teen portal at Maybank2u.com and pay their Maxis bills or Hotlink top-up through M-money. M-money enables customers to pay in advance just using...
By: for bored mindz
Maybank Deactivated My Account
2007-05-18 17:42:00 I wondering why I cannot without my money from Maybank using ATM card today, then I call the service center to get a help from them. They told me that my account has been deactivated due to no transaction for more than half of a year. How come they want to set the rules like this way, it really made me inconvenience. Now I need to do is go to the bank and bank in or withdraw the money to activate the account again. *wahsai* I need the money by tomorrow. *haiz*
By: Comtech
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