, Philippines

50 branches for Maybank Group's 50th year

Maybank strengthened its branch network with five new branches. The move fortified its status as the foreign bank with the most number of branches in the country.

First to be opened was Cebu-Mandaue Branch in Metro Cebu, Southern Philippines, on March 19th. Mandaue City is a rapidly growing commercial and industrial hub; and this city offers tremendous potential for business with its close proximity to the Mactan International Airport, the Cebu International Seaport, and the MEPZA regional industrial center. It is actually Maybank's second branch in Cebu.

Maybank Valenzuela was inaugurated the following week, located in a bustling metropolis a stone's throw from popular shopping mall SM.

Maybank Las Piñas opened its doors to the banking public on April 12th, tapping into the vast potential being offered by the laid-back but highly-developed suburban city. 

Capping the strategic expansion were Maybank Marikina, located along the municipality's busy commercial and financial hub, and Maybank South of Market or The Fort, the bank's second branch within booming Bonifacio Global City.

"We believe in staying close to our customers, providing the best service, and anticipating their future needs. This commitment is the primary reason why we have been here in the Philippines for the past 12 years," said Dato’ Salleh Harun, Chairman of the Maybank Philippines Board and Vice-Chairman of the Group Board.

With the opening of these five new branches, Maybank Philippines' total branch count becomes 50 – a strategic move aligned with the Group's vision of becoming a strong regional player – a fitting way to mark Maybank's 50th Anniversary. This also cements Maybank's position as the foreign bank with the most extensive branch network in the Philippines today.

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