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Maybank seeks to increase activities in Indonesia

Move is to help shelter lender from slower economic growth in its home country

Slower economic growth in Malaysia, which accounted for about 60 per cent of Maybank's 2014 loan book, points to weaker lending for banks in that country,


MALAYAN Banking Bhd, Malaysia's largest lender, is seeking to increase corporate lending and investment-banking activities in Indonesia to help shelter it from slower economic growth in its home country.

Maybank, as the company is known, will focus on lending to large