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Bank Practice and Management inclusive of ratios and graphs - Essay Example
Pages 7 (1757 words)
Bank Practice and Management Inclusive of Ratios and Graphs: The Case of Maybank Introduction The Maybank bank is a leader in financial service in Malaysia. The bank operates in seventeen countries globally and has a network of more than two thousand one hundred offices…
The main objective of the bank during its incorporation was to support the growth of Malaya that had just gained independence by financing economic development and offering modern financial services to the people (Maybank 8). Over the decades, Maybank has continued with expansion and embraced innovation by offering diverse products to its customers and supporting Malaysian citizens who invested or were trading abroad. Presently, Maybank has emerged as the largest company based on market capitalization in the Bursa Malaysia and is also identified as a leading bank in the region. The bank is currently guided by its mission of offering “humanising financial services across” and its well articulated vision of becoming a leader in offering financial services in the region (Maybank 10). Overview of the Bank Activities Maybank offers a range of financial products including commercial banking, stock broking, investment banking, Islamic banking, trustee services, asset management and insurance. The banking group has several subsidiaries. The Malayan Banking Berhad is the listed entity and holding company of Maybank Group. Mayan Banking Berhad has branches in Malaysia, London, Singapore, New York, Bahrain and Hong Kong. ...
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