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Maybank to ring-fence Singapore retail, SME and commercial banking businesses

It gets MAS approval to locally incorporate its community financial services business here

Fri, Oct 05, 2018 - 5:50 AM

Jamie Lee leejamie@sph.com.sg@JamieLeeBT

Singapore

MAYBANK on Thursday said that it has been granted approval from the Monetary Authority of Singapore (MAS) to locally incorporate its community financial services business in Singapore.

Maybank is deemed one of Singapore's seven banks that are effectively seen as "too big...

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