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🇲🇾 Malaysia /Economy & Trade

Maybank Introduces Savings+ With Potential Returns of Up to 3.32%

From Utusan Malaysia · () Malay

Translated from Malay and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Maybank introduced Savings+, a money-market investment feature in its MAE app.
  • The feature lets customers invest surplus cash in a Shariah-compliant money-market fund managed by Maybank Asset Management.
  • The investment is designed to maintain liquidity and offers potential returns of up to 3.32 percent.

Maybank has introduced Savings+, a new money-market investment feature within its MAE app, allowing customers to put surplus cash to work without opening a separate investment platform or application.

Through Savings+, customers can invest in a Shariah-compliant money-market fund managed by Maybank Asset Management Sdn. Bhd. The investment is designed to preserve liquidity while offering potential returns of up to 3.32 percent.

About this summary

Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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