Maybank strikes RM1B deal with Microsoft Azure to power AI-driven banking shift

Maybank has signed a five-year, RM1 billion ($236.4m) agreement to adopt Microsoft Azure for core systems and data workloads. The move will integrate AI, bolster cybersecurity, and roll out Microsoft 365 Copilot to 44,000 staff. Part of its M25+ strategy, the partnership marks a deeper push into digital transformation as Maybank balances innovation with customer-centric growth in an increasingly competitive ASEAN financial sector.