Maybank Singapore

By: EconomyWatch Content   Date: 28 October 2009

About The Author

EconomyWatch Content

Follow The Money

EconomyWatch, Content Team

 

  • Dot Div
  •      

Maybank Singapore entered into the Singapore market in 1960 as a fully licensed commercial bank. It is a part of Maybank Group, the largest financial services company in Malaysia. Maybank Singapore pursued aggressive expansion activities to meet the banking and financial requirements of individuals and businesses. As of 2009, Maybank Singapore is among the top five banks in the ASEAN region. This Qualifying Full Bank (QFB) is also a part of Singapore’s shared ATM network, giving access to more than 140 ATMs in the island nation.

Maybank Singapore - Services

Maybank Singapore is committed to offer an array of banking and financial services, including investment banking, commercial banking, Islamic banking, leasing and hire purchase, offshore banking, trustee services, stock broking, asset management, venture capital, nominee services and internet banking. Maybank Group’s commitment to Singapore operations is testified in the 32-storey Singapore headquarters building that it built in the country. The bank also plans to develop strategic alliances with other QFBs for providing more benefits to its customers. The bank is characterized by its Singapore-oriented approach and highly personalized services.

Maybank Singapore – Business eServices

Maybank Group follows a “Customers First” policy to extend timely assistance to its business clients and to support them in their endeavors. Maybank Singapore offers Business Internet Banking, Maybank Automated Payment System, phone business banking and COE open business services through its Business eServices segment.

Maybank Singapore – Singapore Dollar Islamic Term Deposit-I

Maybank’s Singapore Dollar Islamic Term Deposit-I is a deposit product based on the principles of Shariah. This product is for customers who are open to a deposit period of three, six and 12 months. This product enables the customer to save, protect and grow his investments, all at the same time. Singapore Dollar Islamic Term Deposit-I requires very low minimum deposits and the returns are also paid upfront. Also, one can easily monitor the deposit details through Maybank Singapore’s website, maybank2u.com.sg.  The bank offers competitive interest rates for Islamic deposits. Maybank Singapore plans to increase its footprint in Singapore in the days ahead by providing more personalized services and following a local approach.


  • Dot Div
  •      

Most Popular in Singapore Banks

Related Links
blog comments powered by Disqus