Malaysian Bank Eyes MidEast Retail Growth
Maybank Islamic expects to get around 4 billion ringgit (USD1.1 billion) in financing deals from corporates over the next six months, many of them with a requirement for shariah compliance. Product innovation is a top priority, according to CEO Ibrahim Hassan, who says structured products offered in Malaysia and Singapore will also be offered to potential clients in the Asean and Middle East, denominated in U.S. dollars.
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