Wholesale banking and International offshore banking services including foreign currency deposits and loans, trade financing, treasury services and Islamic banking solutions carried out in, from or through Labuan International Business Financial Centre in foreign currency with a Resident, Non-resident or with another Labuan entity.
Definition of Resident:-
Resident means a legal entity or person who has established a place of business in Malaysia (including Labuan), citizen or permanent resident.
Maybank International Labuan Branch (“MILB”) is one of the mid shore financial institution operating in International Business Financial Centre located in Federal Territory of Labuan as one of Maybank’s centre of excellence for non-ringgit assets with emphasis on corporate and commercial banking clients. Since declared as Labuan International Business and Financial Centre (“Labuan IBFC”) in 1990, Labuan IBFC has experienced steady growth in reputation and financial standing under purview by a single regulator named Labuan Financial Services Authority (“Labuan FSA”).
Maybank’s presence at Labuan IBFC was established in 1990 with the incorporation of Maybank International (L) Ltd (MILL), a wholly-owned subsidiary of Maybank. In June 2013, Maybank obtained another offshore banking license to operate Maybank International Labuan Branch (MILB), a full branch of Maybank.
Operating under strict confidentiality and secrecy of each client's business affairs and transactions as provided under the Labuan Financial Services and Securities Act 2010, MILB offers the following range of international banking services:-
MAYBANK SUBSIDIARIES IN LABUAN IBFC
Maybank International (L) Ltd
Level 16 (B), Main Office Tower
Financial Park Labuan, Jalan Merdeka
87000 Federal Territory Labuan