Malayan Banking Bhd - Going for a bigger bite of regional markets

Stock Name: MAYBANK
Company Name: MALAYAN BANKING BHD

Research House: CIMB

Price Call: BUY

Target Price: 11.10

Target RM11.10

Confirming its appetite for growth, Maybank's CEO revealed in an interview the group's profit target of RM100m each for all its regional centres by 2015 and S$1bn for Singapore by 2020.

Source: CIMB Day Break 12 March 2012, Full PDF Report