Maybank has facilitated around RM20 billion (about US$4.9 billion or S$6.3 billion) in financing and investments in the Johor-Singapore special economic zone over the past two years [1, 2, 3, 4]. This financing spans corporate banking, mid-sized companies, and consumer clients, covering all financial service segments [1, 2, 3, 4].
The bank has also helped establish nine family offices in Johor, supporting wealth management in the region [1, 2, 3, 4]. Among participating banks, Maybank is the largest lender in total financing for the economic zone [1, 2, 3, 4].
The Johor-Singapore special economic zone was initially agreed upon in January 2024 and formally signed in January 2025. The agreement aims to boost investment and cross-border business between Malaysia and Singapore [1, 2, 3, 4]. Johor’s complementary economic factors with Singapore are expected to foster ongoing growth in the zone [1, 2, 3, 4].
Khairussaleh Ramli, Maybank president and group CEO, said, "The bank is in a prime position to benefit from growth generated by the economic zone for both countries" [1].
From 2024 through today, Maybank has maintained a leading role in financing activities supporting the zone’s development [1, 2, 3, 4]. The bank continues to leverage its position to support economic integration and growth between Johor and Singapore.
