Maybank mulls selling stake in Pakistan's MCB Bank | The Edge Markets
MALAYAN Banking Bhd (Maybank), the country’s largest financial services group by market capitalisation and total assets, is understood to be mulling the sale of its 18.78% stake in Pakistan’s MCB Bank Ltd, sources familiar with the matter tell The Edge. While it is still early days, Maybank, one source says, is looking to maintain its focus in Southeast Asia. The source adds that the current economic and political turmoil in Pakistan could be a contributing
Jun 20, 2022
