Malaysia-Based Financial Group Wins Brand Of The Year Prize

Malaysia's Maybank, which provides services including wealth management, lifted the Brand of the Year award for the third consecutive year at the 2016 World Branding Awards in London at the weekend.

The financial services group was the only brand accorded the recognition under the banking category for Malaysia, the firm said in a statement.

The Maybank brand has been valued at $2.05 billion by the Brand Finance Global 500 League Table Report 2016.

The awards are organized by the World Branding Forum, a global non-profit organization.

Meanwhile, China’s Ping An Insurance has surpassed Germany’s Allianz AG as the world’s most valuable insurance brand, the first time a mainland Chinese company has risen to the apex of the 100 most valuable companies worldwide. Ping An, the second-biggest Chinese insurer by premium income, has a brand value estimated at $16 billion in 2017, a 29 per cent increase from last year, according to Brand Finance (source: South China Morning Post).


Source:wealthbriefingasia

Nick Kalikajaros 2017