Direct Competitor - Maybank Yippie
Malayan Banking Berhad or Maybank was incorporated in Malaysia on 31 May 1960 and commenced operations on 12 September 1960. On 17 February 1962, Maybank was listed on the then Kuala Lumpur Stock Exchange (today Bursa Malaysia). Maybank is today among the top companies by market capitalization on Bursa Malaysia. Maybank is Malaysia’s largest financial services group with total assets exceeding RM330 billion. Maybank has been consistently ranked among Malaysia’s most valuable brands. It is also ranked first among Malaysian banks by Brand Finance in its Global 500 survey and 118th among the top 1,000 banks in the world by The Banker Magazine. Yippie savings account is designed for kids to teach the value of savings to kids and teens 18 years old and below by offering high interest rates as well as personal accident insurance for only Php1,000 initial deposit and maintaining balance.
BANK RAKYAT NURI
Bank Rakyat is its members’ Choice Bank for all its product and service offerings are the best compared with those provided by other competing financial institutions. The main function of Bank Rakyat is to provide financing and accept deposits as well as producing satisfactory dividend returns for betterment of its members.
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