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Maybank

$MAYBANK(1155.MY)$ Although Bank Malaysia is already the big brother in the Malaysian banking industry, it has not neglected to improve the quality of its services because of this. Bank of Malaysia only recently launched the “Maybank One Solution” (Maybank One Solution) service.
Bank Malaysia hopes to launch this one-stop service plan through its existing service desk to further strengthen its position in the domestic retail banking industry and provide customers with more service options.
According to information, Bank of Malaysia's “all-in-one banking service plan” has 4 service functions, including transactions, deposits, loans, and insurance. At this stage, Bank Malaysia will focus on promoting this one-stop solution domestically, and plans to consider expanding this service to overseas markets in the next 2 to 3 years.
In fact, Bank Malaysia currently provides the best withdrawal service in the region. Customers in Cambodia, Papua New Guinea, Malaysia, Singapore, Brunei, and the Philippines can withdraw money from Maybank's smart teller machines (ATMs) without additional service fees.
Therefore, although the operating environment of the banking industry is quite severe, analysts are still optimistic about Bank Malaysia's expansion activities in the region and that it can be supported by strong loan momentum domestically. This means that Bank of Malaysia's future prospects are still promising.
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