Lee: If we pay up, we will get the FDs but that will increase our funding cost ... we compete if we have to but what we want to do is be a bit more creative.
Malayan Banking Bhd
(Maybank) Singapore appears not to be taking any chances when it comes to the ever-changing role of banks.
It has devised strategies which it hopes will continue to keep the lender relevant in the city-state where it is just one of the many hundreds of financial institutions hungry for a bigger slice of the pie.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
