Malayan Bank marks 15th year

MANILA, Philippines - Malayan Bank recently marked its 15th anniversary celebration by holding an economic briefing for its clients entitled “Treading Carefully in 2011.”

The bank invited esteemed economist-columnist and former economic planning secretary and National Economic and Development Authority Director General Dr. Cielito Habito to present his local and global outlook for the second half of the year. Malayan Bank clients listened intently to Habito’s views on the country’s growth drivers and threats, economic reform, and government growth projections, among others.

Malayan Bank president George Martirez said, “We are happy to kick-off our 15th year in the banking industry with a financial briefing for our loyal clients. We aim to keep them updated on economic and political trends which may affect their business ventures.”

Malayan Bank was established in 1996 and is now among the largest savings banks in the Philippines by assets. With its strong capital position, Malayan Bank countries to expand its branch network by opening more provincial branches in the Visayas and Mindanao regions.