Maybank denies financial headwind over Genting HK exposure

Maybank has vehemently denied allegations that it will face major financial trouble due to its exposure to Genting Hong Kong.

“With regard to your query on recent news articles suggesting that Maybank is one of the three Malaysian banks that will face major financial trouble owing to exposure to Genting Hong Kong, Maybank would like to state vehemently that these allegations are baseless,” it said in a written reply to query on the issue.

It was reported that...