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Maybank took over the building for $3.6 million in 1962, renaming it Malayan Bank Chambers, and spent $15 million on upgrading the building. [6] Maybank also spent $7 million on refurbishing the interior of the building, which was done in phases from 1989 to 1994. [7] [8]
Malayan Banking Berhad (doing business as Maybank) is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia. [3] According to the 2020 Brand Finance report, Maybank is Malaysia's most valuable bank brand, the fourth-top brand amongst the ASEAN countries and ranked 70th among the world’s most valuable bank brands.
Singapore: 63.0 3 Bank Rakyat Indonesia Indonesia: 50.1 4 OCBC Bank Singapore: 39.7 5 United Overseas Bank Singapore: 38.0 6 Bank Mandiri Indonesia: 26.9 7 Maybank Malaysia: 24.7 8 Public Bank Berhad Malaysia: 21.2 9 Vietcombank Vietnam: 16.9 10 CIMB Malaysia: 12.2 11 Bank Negara Indonesia Indonesia: 12.1 12 BDO Unibank Philippines: 11.3 13 ...
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Maybank Kim Eng is a wholly owned subsidiary of Maybank, [2] with operations in 11 markets – Malaysia, Singapore, Hong Kong, Thailand, Indonesia, Philippines, India, Vietnam, Saudi Arabia, Great Britain and the United States of America.
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Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.