Maybank committed for long term in Indonesia

Maybank expressed its long term commitment to Indonesia and that it will continue to play an important role in supporting the growth of its economy and the financial services industry.

The Malaysian bank said it would continue to support objectives that promote good governance, strong risk management and prudent practives by the banks, following the announcement by Bank Indonesia on the new shareholding requirement of commercial banks in Indonesia.

In a statement Thursday, it said the group including its Bank Internasional Indonesia will also continue to work closely with the regulator and be guided by them in the implementation of the new shareholding requirement of commercial banks in Indonesia.

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