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1960
- 1960 – Maybank is incorporated on 31 May and begins operations in Kuala Lumpur on 12 September. Malayan Finance Corporation (later Maybank Finance) is established, the first wholly bank-owned finance company.
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Malayan Finance Corporation (later Maybank Finance) is established, the first wholly bank-owned finance company. Maybank’s first overseas branch opens in Brunei on 28 November. [ 9 ] Branches are also opened in Singapore.
We provided housing and small business loans across 126 branches by 1975, helping families own their first home. We also pioneered agriculture and small industries loans, fueling the growth of local economies. Scholarship and study assistance schemes were offered to deserving students, from as early as 1972.
Maybank is incorporated on 31 May and begins operations at Mansion House in High Street in the heart of Kuala Lumpur on 12 September. Establishes Malayan Finance Corporation (later Mayban Finance), the first wholly bank-owned finance company. Opens first overseas branch in Brunei Darussalam.
Feb 3, 2014 · Maybank was incorporated and began operations in Kuala Lumpur in 1960, occupying a corner shop in Jalan H S Lee (or High Street as it was known then). It was the nation’s first local bank to serve Malaysian society. In 1962, the company was listed on the Kuala Lumpur Stock Exchange.
- History of Malayan Banking Berhad
- Chronology
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Malayan Banking Berhad is the holding company overseeing Malaysia's largest bank, Maybank and a range of financial sector subsidiaries. Maybank offers a full range of commercials, corporate, and private banking services, with a network of more than 450 branch offices and more than 2,500 ATM machines. Maybank, as the group as a whole is more commonl...
Key Dates:1960:Khoo Teck Puat founds Malayan Banking Berhad (Maybank).1963:Maybank establishes a trustee branch, Mayban Trustees Bhd.1973:Aseambankers Malaysia Berhad is founded.Public CompanyIncorporated:1960 as Malayan Banking BerhadEmployees:20,821Total Assets:$47.24 billion (2004)"Magazine Names Maybank Best Bank in Malaysia,"Business Times, March 30, 2001."Malayan Banking Bhd--A Profitable Year,"Investor's Digest, January 4, 2002."Malaysia's Banking Industry Searches for Profit,"Banker, November 1, 2004."Maybank Applies to Open Branch Office in Bahrain,"Business Times, May 18, 2001.It is our mission to embed it in everything we do, from the initiatives to uplift communities close to our hearts to the continuous innovation of financial solutions that are simple, intuitive, and centered around the human experience, within the region and beyond.
Malayan Banking Bhd (Maybank) is taking over the business of wholly-owned unit Mayban Finance Bhd and will subsequently merge the operations with its existing banking business and enhance the group's overall financial services.
