Malayan Banking BHD traded at 10.60 this Friday August 14th. Looking back, over the last four weeks, Maybank lost 3.28 percent. Over the last 12 months, its price rose by 8.16 percent. Looking ahead, we forecast Malayan Banking BHD to be priced at 10.44 by the end of this quarter and at 9.96 in one year, according to Trading Economics global macro models projections and analysts expectations.
Malayan Banking Berhad is the holding company for the Maybank Group with branches in Malaysia, Singapore and other international financial centers, such as London, New York, Hong Kong and Bahrain. The Company is engaged in all aspects of commercial banking and related financial services. The Company's segments include Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. Group Community Financial Services segment includes Consumer Banking, Small, Medium Enterprise (SME) Banking and Business Banking. Group Global Banking segment includes Group Corporate Banking and Global Markets, Group Investment Banking (Maybank Investment Bank Berhad and Maybank Kim Eng Holdings Limited) and Group Asset Management. Group Insurance and Takaful segment includes the business of underwriting all classes of general and life insurance businesses and offshore investment life insurance business.