04  October 2018
Maybank receives approval in connection with local incorporation of its CFS business in Singapore

Maybank Group today announced that the Monetary Authority of Singapore (MAS) has on 3 October 2018, granted the Bank approval to locally incorporate its Community Financial Services (CFS) business in Singapore. MAS has issued a full banking licence with Qualifying Full Bank privileges to Maybank Singapore Limited (“MSL”), its wholly-owned subsidiary incorporated in the republic.

For more information, please refer to:
1. Press Release
2. Bursa Announcement
3. Details of the local incorporation