Malayan Banking (Maybank)

The bonus interest rates go up to 7% p.a., depending on the type of savings account.

Tan Sri Abdul Farid bin Alias also joined the group’s audit and risk committees.

Maybank says it is already looking for its next group CFO and has appointed its group controller to serve as acting group CFO.

Rhodium owes the bank US$3.16 million ($4.3 million) for four bills of exchange drawn by Intra Asia Trading Pte Ltd. as of Sept 1.

Commodities firms have been under severe stress globally, as China’s economic growth slows and oil prices remain depressed. A string of coal mining firms filed for bankruptcy in the US last year.

SINGAPORE (Dec 4): Malayan Banking has granted a third deadline extension to Hyflux in its search for a buyer for the loss-making Tuaspring water and power plant.