INDONESIA - BANKING - Maybank To Increase Branches In Indonesia To 450 Over Next Two Years

KUALA LUMPUR, July 22 (Bernama) -- Malayan Banking Bhd (Maybank) plans to increase its branches under the group in Indonesia to 450 over the next two years from the present 330.

President/Chief Executive Officer Datuk Seri Abdul Wahid Omar said the plan was in sync with the bank's focus to expand in the Asean region, particularly Indonesia, Singapore and the Philippines.

"We have defined our focus which is Asean. We will concentrate on that. (source)