Maybank is said to weigh options for insurer Etiqa

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KUALA LUMPUR: Malayan Banking Bhd (Maybank) is considering options including buying out Ageas SA’s minority stake in Etiqa as Malaysia’s biggest lender seeks to boost the value of the Southeast Asian insurer, according to people with knowledge of the matter.

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The executive also ruled out a potential listing of the insurer.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaBelgiumCambodiaIndonesiaPhilippinesSingapore

Topics: Maybank /Business/Business News Ageas SA Banking Insurance Etiqa

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 15:06:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 239 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23547223

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 23 minutes ago

Coverage Areas: Malaysia

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News Language: English

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Publisher ID: #22

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