Maybank, one of Malaysia's largest banks, held its 63rd annual general meeting (AGM) virtually this year. Attendees were treated to a virtual door gift in the form of a RM50 voucher for Lotus Hypermarket, which was previously known as Tesco Stores. The virtual AGM is a testament to the bank's commitment to adapting to the new normal amid the COVID-19 pandemic. The gift reflects Maybank's appreciation for its shareholders' continued support and loyalty.
Banks in Malaysia are still quite strong financially. Malaysia already undergone a lot of mergers and eliminated all regional banks and therefore the type of banking crisis that is affected US is unlikely to happen in Malaysia.
