Etiqa

Malayan Banking Bhd. is nearing a deal to purchase Ageas SA's minority stake in Etiqa, aiming to secure full ownership of the Southeast Asian insurer. The transaction would consolidate Malaysia’s largest lender's control over the joint venture.

Maybank Singapore CEO Alvin Lee is focusing on the silver economy and cross-border initiatives to drive business growth. The bank has launched programs like Passion Plus and specialized insurance to cater to Singapore's aging population, while also investing in the Johor-Singapore Special Economic Zone.