Summary: Malayan Banking Berhad Dec 03
- ID: 2030107
- December 2003
- Standard & Poors
The counterparty credit ratings on Malayan Banking Berhad (Maybank) reflect its strong franchise in the Malaysian banking industry, the continued improvement in the bank's performance, in particular its asset quality and capitalization, its strong liquidity, and it being well positioned to benefit from the continued recovery in economic conditions. In line with the industry, Maybank's net interest income (NII) margins, as denoted by its net interest income to average adjusted assets, continue to face some pressure, although it compares relatively well against its regional peers. Maybank's strong profile continues to be enhanced by its robust business franchise within the banking industry, underpinned by its strong market share of 24% and 25% of the industry's loans and deposits, respectively. The bank...
Companies mentioned in this report are:
- Malayan Banking Bhd.
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