Maybank named Malaysia's Best Trade Finance Provider 2020

KUALA LUMPUR (Feb 3): Maybank has been named the Best Trade Finance Provider 2020 in Malaysia byGlobal Financemagazine.

Under this awards programme, the best trade finance providers were chosen by the editorial review board of the New York-headquartered magazine based on entries from banks and other providers, as well as input from industry analysts, corporate executives and technology experts, Maybank said in a statement today.

“Criteria for choosing the winners included transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies,” the bank said.

Managing director (global markets and transaction banking) Md Farid Kairi said the award recognised Maybank’s leadership in the trade finance business in Malaysia, where it holds a leading market share position.

“We continue to record steady growth in customers using our trade finance services which are offered through our vast global network of branches, as well as via our digital platform.

“With the convenience and seamlessness afforded through our various channels, we are expecting a healthy growth in our global trade finance business in 2020,” he said.