Maybank aims to double Vietnam assets by 2027, expand investment

MALAYAN Banking (Maybank) plans to double assets in Vietnam to US$2 billion by 2027 and become the country’s top foreign bank for syndicated loans, to capitalise on a booming economy.

Malaysia’s biggest lender also aims for its securities unit to be the leading foreign broker, Maybank Vietnam country chief executive officer Michael Foong said.

Vietnam is attracting increasing foreign…