Malayan Banking Berhad ADR (MLYBY)

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates in three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services. The company also provides credit cards; bancassurance products; hire purchase, unit trust, cash management, custodian, and trustee services; and treasury activities and services, including foreign exchange, money market, derivatives, and trading of capital market. In addition, it offers investment banking and securities broking services comprising corporate advisory, bond and equity issuance, syndicated acquisition advisory, debt restructuring advisory, and share and futures dealings; and asset and fund management services, including a range of conventional and Islamic investment solutions. Further, the company underwrites general and life insurance businesses, offshore investment life insurance business, and general and family takaful businesses; and offers offshore and Islamic banking, multi-financing, bureau, corporate finance, property leasing and trading, nominee, property investment, business/economic consultancy and advisory, IT shared and development, financial and investment advisory, research, and leasing and factoring services, as well as business management consultancy/support services. It serves individuals, corporates, financial institutions, government, institution, and commercial customers, as well as micro, small and medium enterprises in Malaysia, Singapore, Indonesia, the Philippines, Brunei Darussalam, the People’s Republic of China, Hong Kong SAR, Vietnam, the United Kingdom, the United States of America, Cambodia, Laos, Myanmar, Labuan Offshore, and Thailand. The company was incorporated in 1960 and is headquartered in Kuala Lumpur, Malaysia.