Maybank and CIMB shares dropped 1.2% and 0.9% respectively, as global banking sector uncertainties weighed on investor sentiment. Concerns over interest rate volatility and potential asset quality issues, particularly in an evolving economic landscape, led to profit-taking in these major financial institutions.
On March 18, 2026, shares of Malaysia's two largest banking groups, Malayan Banking Bhd (Maybank) and CIMB Group Holdings Bhd, experienced declines. Maybank closed down 1.2% at RM9.15 per share, while CIMB fell 0.9% to RM6.40 per share. The downturn was primarily attributed to ongoing uncertainties in the global banking sector, including concerns over the future trajectory of interest rates and potential asset quality risks. Despite Malaysia's robust domestic economic fundamentals, investors remained wary of potential spillover effects from global financial markets. Analysts suggest that the banking sector may face some short-term volatility, but the long-term outlook remains positive, particularly with ongoing digital transformation efforts and regional expansion strategies.
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