Maybank supports distribution of RM100 eMADANI credit

KUALA LUMPUR: Malayan Banking Bhd (Maybank) is offering prizes up to RM500,000 for those who redeem eMADANI credit given by the government through its MAE application.

In a statement, the bank said from now until Feb 29, 2024, MAE app users who are eligible to claim under the eMADANI programme will stand a chance to win up to RM500,000 attractive prizes such as a Proton S70, gold bars, cash prizes and much more in Maybank’s Tebus, Belanja dan Menang Campaign.

In addition, in full support of the local micro, small and medium merchants, users can also earn extra entries with Tap, Track & Win when they spend the RM100 eMADANI credit at these merchants nationwide.

Prime Minister Datuk Seri Anwar Ibrahim first announced the eMADANI programme at the launch of the Madani Economy Framework on July 27, 2023 and eligible Maybank customers will be able to claim via the MAE app from Dec 4, 2023 onwards.

Maybank group president and chief executive officer Datuk Khairussaleh Ramli said that Maybank is honoured to be one of the four e-wallets identified by the government to assist in the distribution of eMADANI credit.

“As the largest financial institution in the country with a strong customer base of around 12.4 million, Maybank is confident to fully support this initiative and reach out to a large pool of claimants with ease.

“With rising costs of goods and essential items, the cash assistance is a needed respite, especially within the identified groups and we are more than happy to assist in these efforts. The eMADANI programme will also have the spill-over effect to spur trade among our local merchants through seamless and convenient QR payment transactions.

This is aligned with Maybank’s M25+ strategic thrusts to intensify customer centricity by increasing customer satisfaction and making our services easily accessible to all,” Khairussaleh said.