ID :
164926
Tue, 03/01/2011 - 09:43
Auther :
Shortlink :
https://oananews.org//node/164926
The shortlink copeid
MAYBANK AGAIN BAGS EUROMONEY BEST PRIVATE BANKING SERVICES AWARD
KUALA LUMPUR, March 1 (Bernama) -- Malayan Banking Bhd (Maybank), has for the third consecutive year, bagged the Euromoney award for "Best Private Banking Services Overall in Malaysia".
Winners were selected based on Euromoney's Private Banking poll dubbed the benchmark opinion survey of private banking professionals around the globe.
More than 1,500 private banking professionals worldwide, representing US$7.7 trillion in assets under management (AUM), took part in the survey.
In a statement, Maybank Head of Consumer Banking Lim Hong Tat said Maybank Wealth Management clientele grew 11.73 per cent in the financial year ended 30 June, 2010.
Lim said since 2007, its average annual AUM growth was 16.90 per cent to total more than RM40 billion (US$1=RM3.04), as at end June 2010.
The proposed acquisition of Kim Eng Holdings Ltd, a Singaporean brokerage firm, is expected to help Maybank expand its range of services for private banking clientele and offer wealth management services in Thailand and India and other markets where both entities were present namely Singapore, Philippines, Indonesia, Vietnam, Hong Kong, London and New York.
Winners were selected based on Euromoney's Private Banking poll dubbed the benchmark opinion survey of private banking professionals around the globe.
More than 1,500 private banking professionals worldwide, representing US$7.7 trillion in assets under management (AUM), took part in the survey.
In a statement, Maybank Head of Consumer Banking Lim Hong Tat said Maybank Wealth Management clientele grew 11.73 per cent in the financial year ended 30 June, 2010.
Lim said since 2007, its average annual AUM growth was 16.90 per cent to total more than RM40 billion (US$1=RM3.04), as at end June 2010.
The proposed acquisition of Kim Eng Holdings Ltd, a Singaporean brokerage firm, is expected to help Maybank expand its range of services for private banking clientele and offer wealth management services in Thailand and India and other markets where both entities were present namely Singapore, Philippines, Indonesia, Vietnam, Hong Kong, London and New York.
