0 www.maybank.com Investor Presentation Financial Results 3Q FY2015 and 9M FY2015 ended 30 September 2015 26 November 2015 Humanising Financial Services
0 www.maybank.com
Investor Presentation
Financial Results 3Q FY2015 and 9M FY2015 ended 30 September 2015
26 November 2015
Humanising Financial Services
1
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
30
35
40
44
50
55
Results Overview
8. Quarterly Financial Summary 58
1. Financial Performance 18
2
Franchise-Led Growth
Key Highlights Stronger 3Q performance, and 9M FY2015 net profit growth of 8.3%
• 9M YTD revenue growth of 16.1% and 14.7% excluding the gains from the
sale of Maybank PNG branch
• Net fund based revenue higher by 13.6% supported by focused loan
growth strategy and healthier net interest margin
• Fee-based income strengthens 22.1% led by FX gains, fee income from
Islamic operations and net earned insurance premiums
1
Improved Liquidity
• Improved deposit growth momentum in 3Q, resulting in annualised
growth of 12.6%
• Continued focus on strengthening of funding via targeted and
competitive deposit campaigns
2
Strategic Cost
Management
• CIR below threshold of 50%, even after normalisation of PNG sale
• Improved CIR QoQ, arising from continued focus on the Group’s strategic
cost management programme
3
Stable Capital Position
• Total capital ratio at 15.10% and CET1 capital ratio at 11.27% as at Sept
2015
• Current capital ratios at comfortable levels with capital plan and DRP in
place to effectively manage capital levels
4
3
FY2015 Key Performance Indicators Review Performance in line with management expectations, amidst challenging environment
Notes:
1Normalised to exclude sale of Maybank PNG branch
2Normalised to exclude the conversion effects for Singapore, Indonesia, Philippines, Greater China and Labuan (USD)
3In local currency terms
Key Performance Indicators FY2015 Guidance Annualised
1H FY2015 9M FY2015
Headline KPI
Return on Equity (reported) 12.0%-13.0% 12.1% 12.4%
Return on Equity (normalised)1 12.0%
Other Guidance
Group Loans Growth (reported) 8.0%-9.0% 11.1% 17.8%
Group Loans Growth (normalised)2 8.7%
• Malaysia 6.0%-7.0% 4.2% 6.4%
• Singapore3 5.0%-6.0% 8.2% 11.3%
• Indonesia3 10.0%- 13.0% 3.8% 5.9%
Group Deposits Growth (reported) 10.0%-11.0% 6.3% 12.6%
Group Deposits Growth (normalised)2 4.4%
4
9M FY2014Net Profit
Net fundbased income
Net fee basedincome
Overheads Netimpairment
losses
Share ofprofits andassociates
Taxation andzakat
Non-controllinginterests
9M FY2015Net Profit
4
Franchise-Led Growth Net profit of RM5.18 billion for YTD Sept FY2015 in line with consensus
(RM
million)
4,785
1,293
+13.6% 878
+22.1%
-971
+14.8%
-1,139
>100%
264
+28.8%
34
-14.8%
40
-34.9%
5,184
5
4,538 5,079 4,988 4,888
5,747
13,452
15,623
3QFY2014
4QFY2014
1QFY2015
2QFY2015
3QFY2015
9MFY2014
9MFY2015
Franchise-Led Growth Higher revenue growth of 16.1% led by fee-based and fund-based income growth
Net Operating Income
(RM
million)
3,220 3,138 3,415 3,543 3,813
9,479
10,772
3QFY2014
4QFY2014
1QFY2015
2QFY2015
3QFY2015
9MFY2014
9MFY2015
Net fund based income
(RM
million)
1,318
1,941
1,572 1,345
1,934
3,974
4,852
3QFY2014
4QFY2014
1QFY2015
2QFY2015
3QFY2015
9MFY2014
9MFY2015
Net fee based income
+16.1%
+13.6%
(RM
million)
+22.1%
(+17.1% ex-sale of
Maybank PNG branch)
6 6
Franchise-Led Growth Continued revenue momentum across all business sectors, led by CFS and International Banking
13,452
5,565
1,752 1,242 957
59
4,209
1,050
15,623
6,097
1,786 1,345 937
66
4,474
1,152
Total CommunityFinancial Services
(CFS)
CorporateBanking
Global Markets InvestmentBanking
AssetManagement
InternationalBanking
Insurance &Takaful
9M FY2014 9M FY2015
+9.6% +1.9% +8.3% -2.1% +11.9% +6.3% +9.7%
Net Operating Income
(RM
million)
+16.1%
Global Banking (GB) +3.1%
7
165.1 171.3 182.6 208.2
245.3 247.7 250.7 257.2
Dec 14 Mar 15 Jun 15 Sep 15
Overseas Malaysia
Franchise-Led Growth Group loans growth of 17.8%, driven by CFS segment in domestic and overseas markets
Group Gross Loans
465.3
(RM
billion)
+17.8% (ann.)
+8.7% (ann.) (ex-FX impact)
433.3 419.0 410.5
55.3%
44.7%
8 8
Franchise-Led Growth Loans growth of 6.4% in Malaysia, 11.3% in Singapore and 5.9% in Maybank Indonesia
30 Sep 2015 31 Dec 2014 YTD Annualised
Group Gross Loans¹ 465.3 410.5 17.8%
Malaysia (RM billion) ² 255.3 243.6 6.4%
Community Financial Services 179.1 168.8 8.2%
Global Banking 76.1 74.8 2.4%
International (RM billion) 204.4 162.4 34.5%
Singapore (SGD billion) 38.1 35.1 11.3%
Community Financial Services (reported)3 19.9 14.8 45.7%
Global Banking (reported) 3 18.0 20.1 (13.9)%
Others 0.3 0.3 4.1%
Indonesia (Rupiah trillion) 114.2 109.3 5.9%
Community Financial Services 89.9 84.1 9.2%
Global Banking 23.9 24.9 (5.4)%
Others 0.3 0.3 1.6%
Other markets (RM billion) 52.3 38.8 46.3%
Philippines 5.2 3.8 49.1%
Indochina 2.5 1.7 67.4%
Greater China 20.2 16.0 35.1%
Others 24.3 17.3 54.0%
Investment banking (RM billion) 5.6 4.4 36.2%
¹ Including Islamic loans sold to Cagamas and excludes unwinding of interest
² Takes into account others portion - Sept 15: RM0; Dec 14: RM7 million
³ If normalised for loan transfer of SGD 2.2 billion from GB to CFS for Business Banking segment due to realignment to the Group Customer Segmentation,
CFS and GB annualised growth would be 23.7% and 2.1% respectively
9
Franchise-Led Growth & Improved Liquidity Annualised deposit growth of 24.3% for 3Q, more in line with 3Q loan growth of 29.6%
439.6
447.1 453.5
481.0
Dec 14 Mar 15 Jun 15 Sep 15
Group Deposits
(RM
billion)
+12.6% (ann.)
+4.4% (ann.) (ex-FX impact)
10
Franchise-Led Growth & Improved Liquidity LDR at 95.3%, while Group continues to focus on improving profile of deposits
90.6% 91.8% 92.2% 94.2% 95.3%
34.5% 35.3% 35.4% 34.9% 35.3%
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
LDR CASA
Singapore Indonesia
Group Malaysia
83.9% 89.5% 91.5% 90.8% 92.0%
38.1% 39.9% 41.2% 39.6% 41.1%
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
102.7% 105.3% 104.5% 102.8% 101.7%
38.4% 38.7% 39.2% 39.7% 39.4%
91.1% 92.7% 91.9% 89.7% 88.7%
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
LDR (Bank Level)
95.8% 88.4% 89.1% 93.4% 95.3%
25.2% 24.9% 24.5% 24.6% 24.6%
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
11 11
Franchise-Led Growth Net interest margin improves QoQ, and on a YTD annualised basis NIM as at end-Sept is at 2.31% (FY2014: 2.31%)
2.31
2.20
2.26
2.28
2.38
3Q FY2014 4Q FY2014 1Q FY2015 2Q FY2015 3Q FY2015
Group Net Interest Margin (%)
12
Strategic Cost Management Improved cost to income ratio at 47.9% with positive JAW position
(RM’ mil) 9M FY2015 9M FY2014 YoY
Personnel Costs 4,178.5 3,667.5 13.9%
IT Expenses 447.1 376.4 18.8%
Establishment Costs 764.2 760.3 0.5%
Marketing Expenses 496.1 412.0 20.4%
Administration & General Expenses 1,623.5 1,322.2 22.8%
Total 7,509.3 6,538.4 14.9%
Group overheads composition
Note:
• Excluding one-off expenses such as higher gift point expenses and operational costs as well as provisioning for Maybank staff union’s collective
agreement, overheads growth was 11.9% YoY for 9M FY2015 with CIR of 46.8%.
• Excluding gain on disposal of Maybank PNG and Mayban Property PNG, 9M FY2015 CIR would be 48.5%
% 9M FY2015 9M FY2014 YoY
Total Cost to Income 47.9% 48.3% (0.4)
Group JAW Position 1.3%
13
70.5 (34.6)
248.0 300.9
667.9
435.0
1,216.8
3QFY2014
4QFY2014
1QFY2015
2QFY2015
3QFY2015
9MFY2014
9MFY2015
Allowances for losses on loans
95.4% 95.6% 93.5%
83.4% 85.4%*
Loan loss coverage
1.06 0.95 0.99 0.97
1.13 1.04 1.06
1.15 1.14
1.83
1.48 1.52 1.50
1.65
1.52 1.50 1.56 1.54
Sep 13 Dec 13 Mar 14 Jun 14 Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
Gross Impaired Loans Ratio (%)
Net Impaired Loans Ratio (%)
Asset Quality Increased loan loss coverage of 85.4%, while Group GIL remained stable at 1.54%
Group Impaired Loans Ratio Allowance for losses on loans
*Loan loss coverage including Regulatory Reserve is 99.1%
(RM
million)
14
Asset Quality by Market Stable QoQ asset quality trends across three home markets
0.24 0.23 0.30
0.41 0.41
0.18 0.18 0.24 0.33 0.34
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
Gross Impaired Loans Ratio (%)
Net Impaired Loans Ratio (%)
3.32 3.24 3.49 4.50 4.54*
2.82 2.63 2.78 3.55 3.36*
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
2.04 1.85 1.75 1.62 1.63
1.37 1.25 1.23 1.18 1.25
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
Malaysia Singapore Indonesia
*Maybank Indonesia reported gross NPL (4.34%) and net NPL (2.79%) whereas the chart above represents Maybank Indonesia Group’s gross impaired loans ratio and net impaired loans
ratio
15
Group
Bank
Stable Capital Position Total Capital Ratio and CET1 remain healthy at 15.10% and 11.27% (based on actual reinvestment rate of 87.43%)
Before
proposed
dividend
After proposed
dividend and
reinvestment *
After proposed
dividend, based on
BNM’s Implementation
Guideline **
14.06% 13.84% 13.75% 15.76%
14.85% 14.63% 14.54% 15.76%
Sep-15 Sep-15 Sep-15 Dec-14
Tier 1 and Total Capital Ratio CET 1 Capital Ratio
Note:
• Based on 87.43% reinvestment rate under the DRP, the fully loaded CET1 Ratio would be at 10.70% (Group) and 9.35% (Bank) respectively.
* Adjusted based on acceptance rate of 87.43% under 11th DRP.
** Capital ratios are computed based on BNM’s implementation Guidelines on Capital Adequacy Framework (Capital Components) issued on 8th May 2013.
*** Adjusted based on acceptance rate of 82.55% under 10th DRP.
11.42% 11.27% 11.20% 11.38%
13.04% 12.88% 12.82% 13.17%
15.26% 15.10% 15.04% 15.87%
Sep-15 Sep-15 Sep-15 Dec-14
Total Capital Ratio Tier 1 Capital Ratio CET 1 Capital Ratio
After proposed
dividend and
reinvestment ***
16 16
Outlook & Guidance
ROE
Group Loans Growth
Malaysia Loans Growth
Singapore Loans Growth
Indonesia Loans Growth
Group Deposits Growth
12% - 13%
8% - 9%
6% - 7%
5% - 6%
10% - 13%
10% - 11%
• Maintain guidance for remaining of 2015
• Continued focus on strategic priorities
More selective asset growth
Franchise-led deposits taking
Proactive management of asset quality
Maintain strong capital position
Continued focus on productivity
• Downside risks include macro volatility closer to policy
decisions at year-end
• Foreign exchange and rate movements will impact some
aspects of performance
• Asset quality will be subject to market volatility
17
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
18
P&L Summary: 9M FY2015
¹Fee-based income is the combined value of other operating income and fee-based income from Islamic Banking operations
²Pre-provisioning operating profit (PPOP) is equivalent to operating profit before impairment losses
* From consolidated Group numbers, Insurance and Takaful accounts for 6.0% of net fund based income and 10.7% of net fee-based income
More
details
on RM million
9M
FY2015
9M
FY2014 YoY
3Q
FY2015
2Q
FY2015 QoQ
3Q
FY2014 YoY
s.22 Net fund based income * 10,771.5 9,478.5 13.6% 3,812.9 3,543.3 7.6% 3,219.6 18.4%
s.22 Net fee based income * 4,851.6 3,973.6 22.1% 1,934.3 1,345.1 43.8% 1,318.0 46.8%
Fee based income and net earned
insurance premiums 7,562.1 7,161.3 5.6% 2,542.6 2,349.6 8.2% 2,453.6 3.6%
s.23 Fee based income¹ 4,516.1 4,242.1 6.5% 1,534.1 1,299.3 18.1% 1,486.1 3.2%
s.19 Net earned insurance premiums 3,046.0 2,919.2 4.3% 1,008.5 1,050.3 (4.0)% 967.5 4.2%
s.19
Net insurance benefits & claims
incurred, net fee & commission
expenses and life & takaful fund tax
(2,710.5) (3,187.7) (15.0)% (608.3) (1,004.5) (39.4)% (1,135.7) (46.4)%
s.21 Net operating income 15,623.2 13,452.1 16.1% 5,747.2 4,888.4 17.6% 4,537.6 26.7%
s.12 Overhead expenses (7,509.3) (6,538.4) 14.8% (2,601.4) (2,418.6) 7.6% (2,283.6) 13.9%
s.21 Pre-provisioning operating profit
(PPOP) ² 8,113.8 6,913.7 17.4% 3,145.8 2,469.8 27.4% 2,254.0 39.6%
Net impairment losses (1,490.7) (351.4) >100% (797.1) (395.0) >100% (72.5) >100%
Operating profit 6,623.1 6,562.3 0.9% 2,348.7 2,074.8 13.2% 2,181.5 7.7%
Profit before taxation and zakat (PBT) 6,775.4 6,680.6 1.4% 2,382.9 2,150.5 10.8% 2,226.0 7.1%
Profit attributable to equity holders
of the Bank (Net Profit) 5,183.9 4,785.2 8.3% 1,898.9 1,584.5 19.8% 1,608.1 18.1%
EPS - Basic (sen) 55.0 53.2 3.4% 19.9 16.8 18.5% 17.6 13.1%
19
Unaudited Income Statement for Insurance and Takaful Business
RM million 9M
FY2015
9M
FY2014 YoY
3Q
FY2015
2Q
FY2015 QoQ
3Q
FY2014 YoY
Interest income 692.1 723.7 (4.4)% 221.2 234.4 (5.6)% 236.3 (6.4)%
Interest expense (25.6) (20.1) 27.6% (8.6) (8.5) 1.1% (8.6) 0.0%
Net interest income 666.5 703.7 (5.3)% 212.5 225.9 (5.9)% 227.7 (6.6)%
Net earned premiums 3,046.0 2,919.2 4.3% 1,008.5 1,050.3 (4.0)% 967.5 4.2%
Other operating income 142.0 614.7 (76.9)% (177.1) 130.1 (236.1)% 293.4 (160.3)%
Total operating income 3,854.5 4,237.5 (9.0)% 1,044.0 1,406.3 (25.8)% 1,488.6 (29.9)%
Net insurance benefits & claims incurred,
net fee & commission expenses and life &
takaful fund tax
(2,788.0) (3,260.4) (14.5)% (634.2) (1,028.9) (38.4)% (1,158.9) (45.3)%
Net operating income 1,066.5 977.2 9.1% 409.8 377.4 8.6% 329.7 24.3%
Overhead expenses (426.4) (453.7) (6.0)% (131.9) (123.0) 7.2% (147.4) (10.5)%
PPOP 640.1 523.5 22.3% 277.9 254.4 9.3% 182.3 52.5%
Net impairment losses (308.1) (14.2) >100% (133.4) (116.6) 14.4% (0.5) >100%
Operating profit 332.0 509.3 (34.8)% 144.5 137.7 4.9% 181.7 (20.5)%
RM million 9M
FY2015
9M
FY2014 YoY
3Q
FY2015
2Q
FY2015 QoQ
3Q
FY2014 YoY
Net insurance benefits & claims incurred,
net fee & commission expenses and life &
takaful fund tax
(2,788.0) (3,260.4) (14.5)% (634.2) (1,028.9) (38.4)% (1,158.9) (45.3)%
Less: intercompany elimination 77.4 72.6 6.6% 25.9 24.4 6.2% 23.3 11.5%
Total net insurance benefits & claims
incurred, net fee & commission expenses
and life & takaful fund tax
(2,710.5) (3,187.7) (15.0)% (608.3) (1,004.5) (39.4)% (1,135.7) (46.4)%
Reconciliation of net insurance benefits & claims incurred, net fee & commission expenses and life & takaful fund tax
20
Overseas:
33.1%
75.1%
13.4%
2.4% 9.1%
Malaysia Singapore Indonesia Others
International & Malaysia Portfolio Mix: 9M FY2015
66.9%
15.8%
12.1% 5.2%
9M FY2014
Net Operating Income Profit Before Tax 9M FY2015
Gross loans*
(Jan 14 – Sept 14)
* Including Islamic loans sold to Cagamas and excludes unwinding of interest & EIR adjustment
55.3% 26.1%
7.5%
11.1% Overseas:
44.7%
Overseas:
24.9%
(Jan 15 – Sept 15)
RM465.33b RM15.62b
64.3% 16.0%
12.2%
7.5%
60.2% 23.5%
7.6% 8.7%
72.7%
13.2%
2.2% 11.9%
Overseas:
39.8%
Overseas:
35.7%
Overseas:
27.3%
RM13.45b RM6.68b RM388.12b
RM6.78b
21
13,452
5,565
1,752 1,242 957 59
4,209
1,050
15,623
6,097
1,786 1,345 937 66
4,474
1,152
Total CommunityFinancial Services
CorporateBanking
Global Markets InvestmentBanking
AssetManagement
InternationalBanking
Insurance &Takaful
9M FY2014
9M FY2015
+9.6% +1.9% +8.3% -2.1% +11.9% +6.3% +9.7%
Business Segment Performance: 9M FY2015 (1/2)
Note: Net income & PPOP for group includes expenditures of Head Office & Others of RM1,381.8 million for 9M FY2014 and RM234.0 million for 9M FY2015.
Net Operating Income
RM
million
6,914
2,918
1,389 1,093 198 (3)
2,101
599
8,114
2,941
1,330 1,133
173 (15)
2,060
727
Total CommunityFinancial Services
CorporateBanking
Global Markets InvestmentBanking
AssetManagement
InternationalBanking
Insurance &Takaful
9M FY2014
9M FY2015
+16.1%
+0.8% -4.3% +3.7%
Global Banking (GB) +17.4%
-12.9% +380.0% -2.0% +21.4%
-2.1%
PPOP
RM
million
Global Banking (GB) +3.1%
22
-4.2% -147.0% +25.4%
3,974
1,260 582 725 835
57
1,145
346
4,852
1,460
474 703 784
67 618 477
Total CommunityFinancial Services
CorporateBanking
Global Markets InvestmentBanking
AssetManagement
InternationalBanking
Insurance &Takaful
9M FY2014
9M FY2015
9,479
4,305
1,169 517 122 3
3,064
704
10,772
4,637
1,312 642 153 (1)
3,856
674
Total CommunityFinancial Services
CorporateBanking
Global Markets InvestmentBanking
AssetManagement
InternationalBanking
Insurance &Takaful
9M FY2014
9M FY2015
RM
million
+13.6%
+15.9% -18.7% -3.0%
Global Banking (GB)
-6.1% +18.9% -46.0% +37.9%
-7.8%
RM
million
Global Banking (GB) +16.3%
Note: Net fund based income includes expenditures of Head Office & Others of RM404.8 million for 9M FY2014 and RM501.3 million for 9M FY2015.
Net fee based income includes expenditures of Head Office & Others of RM977.1 million for 9M FY2014 and a Head Office & Others income of RM267.3 million for 9M FY2015.
Net Fund Based Income
Net Fee Based Income
Business Segment Performance: 9M FY2015 (2/2)
+22.1%
+7.7% +12.2% +24.2% +25.8%
23
3,974 3,993
249
2,919
(3,188)
4,852
4,122
395
3,046
(2,711)
Total Other operatingincome
Fee Income fromIslamic Operations
Net Earned InsurancePremiums
Net Insurance Benefits& Claims Incurred, Net
Fee & CommissionExpenses and Life &
Takaful Fund Tax
9M FY2014
9M FY2015
RM
million
RM million 9M
FY2015 9M
FY2014 YoY
Commission, service charges and fees 2,751 2,645 4.0%
Investment & Trading Income 736 717 2.7%
Unrealised gain/ (losses) on securities & derivatives (756) 180 (519.5)%
Foreign Exchange Profit 1,115 285 291.0%
Other Income 275 166 65.5%
Net Fee Based Income: 9M FY2015
+58.5% +4.3% -15.0%
+22.1% +3.2%
24
% of
Portfolio 30-Sep-15 31-Dec-14
YTD
Annualised 30-Sep-14 YoY
Group Gross Loans¹ 465.3 410.5 17.8% 388.1 19.9%
Malaysia (RM billion) ² 55% 255.3 243.6 6.4% 232 10.0%
Community Financial Services 70% 179.1 168.8 8.2% 162.7 10.1%
Global Banking 30% 76.1 74.8 2.4% 69.3 9.9%
International (RM billion) 44% 204.4 162.4 34.5% 151.7 34.8%
Singapore (SGD billion) 25% 38.1 35.1 11.3% 34.5 10.6%
Community Financial Services (reported)3 52% 19.9 14.8 45.7% 14.0 41.8%
Global Banking (reported) 3 47% 18.0 20.1 (13.9)% 20.4 (12.1)%
Others 1% 0.3 0.3 4.1% 0.0 >100%
Indonesia (Rupiah trillion) 7% 114.2 109.3 5.9% 107.7 6.0%
Community Financial Services 79% 89.9 84.1 9.2% 80.6 11.6%
Global Banking 21% 23.9 24.9 (5.4)% 26.8 (10.6)%
Others 0% 0.3 0.3 1.6% 0.4 (26.2)%
Other markets (RM billion) 11% 52.3 38.8 46.3% 34.2 52.9%
Philippines 10% 5.2 3.8 49.1% 3.3 56.9%
Indochina 5% 2.5 1.7 67.4% 1.5 73.8%
Greater China 39% 20.2 16.0 35.1% 14.1 43.5%
Others 47% 24.3 17.3 54.0% 15.3 58.7%
Investment banking (RM billion) 1% 5.6 4.4 36.2% 4.4 26.7%
Group Loans Growth: 30 Sep 2015
¹ Including Islamic loans sold to Cagamas and excludes unwinding of interest
² Takes into account others portion - Sept 15: RM0; Dec 14: RM7 million; Sep 14: RM14 million
³ If normalised for loan transfer of SGD 2.2 billion from GB to CFS for Business Banking segment due to realignment to the Group Customer Segmentation,
CFS annualised and YoY growth would be 23.7% and 24.4% and GB annualised and YoY growth would be 2.1% and -0.3%
25
Malaysia Loans Growth: 30 Sep 2015
¹ Re-based loan growth figures are based on adjusted 31 Dec 2014 position in line with migration of client accounts, implemented on 1 Jan 2015. Re-based YTD annualised
growth was 42.7% for SME and 4.7% for Business Banking.
² Including Islamic loans sold to Cagamas and excludes unwinding of interest and takes into accounts others portion – Sep 15: RM0; Dec 14: RM7 million; Sep 14: RM14 million
RM billion % of
Portfolio
30 Sep
2015
31 Dec
2014
YTD
Annualised 30 Sep
2014 YoY
Community Financial Services 70% 179.1 168.8 8.2% 162.7 10.1%
Consumer 56% 144.0 135.7 8.1% 131.3 9.7%
Total Mortgage 26% 67.1 60.9 13.5% 58.5 14.6%
Auto Finance 16% 40.8 38.6 7.7% 37.8 8.2%
Credit Cards 2% 6.0 5.8 4.6% 5.5 10.1%
Unit Trust 11% 27.8 28.3 (2.3)% 27.6 0.7%
Other Retail Loans 1% 2.3 2.1 11.1% 1.9 18.9%
Business Banking + SME 14% 35.1 33.1 8.2% 31.4 11.8%
Business Banking + SME (Re-based¹) 14% 35.1 31.9 13.4% 31.4 11.8%
SME 4% 9.6 7.5 36.4% 6.8 39.9%
Business Banking 10% 25.5 25.5 (0.1)% 24.6 3.9%
Global Banking (Corporate) 30% 76.1 74.8 2.4% 69.3 9.9%
Total Malaysia² 255.3 243.6 6.4% 232.0 10.0%
26
Commodities Exposure Maybank Group’s loan exposure for selected commodities as at 30 Sep 2015
Note: *Home Markets include outstanding loan exposure as at 30 September 2015 for Malaysia, Singapore and Indonesia only.
Country exposure is calculated based on respective domestic gross loans figures while Group exposure is based on total Group gross loans
Refer to next slide for further breakdown of clusters by production and manufacturing
Commodities
Agriculture Energy Metals & Mining
Note: *Home Markets include outstanding loan exposure as at 30 September 2015 for Malaysia, Singapore and Indonesia only.
Country exposure is calculated based on respective domestic gross loans figures while Group exposure is based on total Group gross loans.
Refer to next slide for further breakdown of clusters by production and manufacturing
Malaysia
Singapore
Indonesia
Malaysia Malaysia
Singapore
Indonesia
Singapore
Indonesia
Group Country
1.43% 2.61%
Group Country
2.11% 3.85%
Group Country
2.43% 4.44%
Group Country
0.23% 3.12%
Group Country
0.38% 5.14%
Group Country
0.19% 2.54%
Group Country
0.01% 0.05%
Group Country
0.27% 1.08%
Group Country
0.10% 0.41%
Home Market
1.67%
Home Market
2.76%
Home Market
2.73%
27
Commodities Exposure Maybank Group’s loan exposure to agriculture, energy and metals and mining in our three home market as at 30 Sep 2015
Commodities
Agriculture Energy Metals & Mining
Producers Manufacturers Producers Manufacturers Producers Manufacturers
Malaysia
Singapore
Indonesia
Note: Soft commodities covered under agriculture producers and manufacturers are rubber, oil palm and cocoa
Energy producers and manufacturers include loan exposure to crude oil, natural gas, steam, nuclear fuel and electricity. Energy classification for Singapore and Indonesia
data was widen as at 30 Sept 2015. For Indonesia, energy parameters now include O&G support services for land, air and sea, trade-related service providers for solid,
liquid and gaseous fuels as well as IPPs. For Singapore, energy parameters now include wholesale providers of solid, liquid and gaseous fuels and related products NEC as
well as manufacturers of water and gas pipe-line.
Hard commodities covered under metals and mining producers and manufacturers are coal, lignite, peat, metal ores, tin, iron, steel and non-ferrous metal
Malaysia
Singapore
Indonesia
Malaysia
Singapore
Indonesia
Malaysia
Singapore
Indonesia
Malaysia
Singapore
Indonesia
Malaysia
Singapore
Indonesia
Group Country
1.17% 2.13%
Group Country
0.26% 0.48%
Group Country
1.72% 3.14%
Group Country
0.39% 0.71%
Group Country
0.02% 0.04%
Group Country
2.41% 4.40%
Group Country
0.01% 0.04%
Group Country
0.21% 2.85%
Group Country
0.00% 0.01%
Group Country
0.02% 0.28%
Group Country
0.10% 0.40%
Group Country
0.23% 3.16%
Group Country
0.17% 0.68%
Group Country
0.15% 1.98%
Group Country
0.02% 0.07%
Group Country
0.07% 0.94%
Group Country
0.09% 0.34%
Group Country
0.12% 1.60%
28
Group Deposit Growth: 30 Sep 2015
% of
Portfolio
30 Sep
2015
31 Dec
2014
YTD
Annualised
30 Sep
2014 YoY
Group Gross Deposits 481.0 439.6 12.6% 420.2 14.5%
Malaysia (RM billion) 60% 286.9 278.3 4.1% 277.7 3.3%
Savings Deposits 14% 40.3 38.5 6.5% 38.0 6.2%
Current Accounts 27% 77.5 72.8 8.7% 67.9 14.3%
Fixed Deposits 54% 154.1 140.8 12.6% 139.7 10.4%
Others 5% 14.9 26.2 (57.8)% 32.2 (53.9)%
International 40% 195.5 162.9 26.7% 143.9 35.9%
Singapore (SGD billion) 26% 39.8 39.6 0.8% 35.9 11.1%
Savings Deposits 11% 4.4 4.5 (4.4)% 4.3 2.4%
Current Accounts 14% 5.4 5.3 2.4% 4.8 13.3%
Fixed Deposits 74% 29.4 29.0 1.8% 26.3 11.6%
Others 2% 0.7 0.8 (16.4)% 0.5 37.9%
Indonesia (Rupiah trillion) 7% 110.4 102.8¹ 9.9% 103.9 6.2%
Savings Deposits 23% 25.2 23.5 10.1% 24.1 4.5%
Current Accounts 17% 18.3 16.3 15.6% 15.8 15.6%
Fixed Deposits 61% 66.9 62.4 9.5% 64.0 4.5%
¹ Includes Others of Rupiah 0.6 trillion
29
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
30
Community Financial Services: Market Share as at end Sept 2015
*Refers to housing and shophouse loans
**Credit Cards market share refers to Receivables for commercial banks
Loans
Total Consumer / Household 17.2% 17.4% 17.4% 17.4% 17.5% 0.0 2
Auto (Purchase of Transport Vehicles) 21.5% 23.0% 23.4% 23.6% 23.8% 0.0 2
Total Mortgage* 13.1% 13.1% 13.1% 13.2% 13.3% 0.0 2
Credit Cards** 15.7% 16.1% 16.6% 16.9% 17.1% 0.0 2
Unit Trust 55.8% 52.7% 51.7% 51.4% 52.0% 0.0 1
Deposits
Total Deposits 18.5% 19.0% 18.6% 18.8% 18.0% 0.0 1
Total Core Retail Deposits 19.0% 19.4% 19.3% 19.4% 19.6% 0.0 2
Retail CASA 24.8% 24.8% 25.3% 25.3% 25.7% 0.0 1
- Retail Savings 29.8% 29.9% 30.1% 30.8% 30.8% 0.0 1
Retail Fixed Deposits (FD) 15.7% 16.5% 16.1% 16.2% 16.4% 0.0 2
Internet Banking -Subscriber Base 45.1% 43.4% 43.3% 43.2% 42.8% 0.0 1
Mobile Banking -Subscriber Base 34.3% 32.0% 30.7% 29.5% 29.1% 0.0 1
Branch Network 20.0% 20.0% 20.0% 20.0% 20.0% 0.0 1
Market
PositionDec-14
Jun-15
vs
Sep-15
Market
PositionMar-15
Mar-15
Jun-15
Dec-13
Dec-14
Jun-15
vs
Sep-15
Market Share Dec-13
Market Share Jun-15
Sep-15
Sep-15
31
105.5 106.4 107.4 106.2 105.6
3.11 3.12 3.15
3.18 3.19
3
3.5
80.0
100.0
120.0
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
Product per customer
Community Financial Services: Overview of Malaysia Loans Portfolio
145.3 150.4
153.5 157.4
161.1
6.59 6.65 6.70
7.09 7.12
6.00
6.50
7.00
7.50
8.00
120.0
170.0
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
Product per customer
31.4 33.1 33.0
33.9 35.1
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
131.3
135.7
138.9
141.4 144.0
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
SME & BB Loans grew by 8.2% (ann.) to RM35.1 billion
HNW & Affluent Customer TFA grew 10.8% YoY
through improved product cross sell
Consumer Loans grew 8.1% (ann.) to RM144.0 billion
31.9*
Mass Customer cross sell ratio improved to 3.19
*Re-based loan growth figures are based on adjusted 31 Dec 2014 position in line with migration of client accounts to Global Banking
**Customer classification: HNW (IA>RM3M, TFA >RM4M); Affluent (IA between RM 250K to RM3M, TFA between RM1M to < RM4M)
***TFA: Total Financial Assets (Deposits, Investments, Financing & Protection), IA: Investable Assets (Deposits & Investments)
RM
billion
RM
billion
RM
billion
RM
billion
2.3 2.2 Re-based
Mass to
HNW &
Affluent
32
Community Financial Services: Overview of Malaysia Deposits Portfolio
64.6
69.7
70.6 71.0
74.9
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
Retail SME & Business Banking deposits growth of
10.0% (ann.)
178.7
186.6 190.0
192.4
198.8
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
114.1
116.9
119.4
121.5
123.9
108.0
110.0
112.0
114.0
116.0
118.0
120.0
122.0
124.0
126.0
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
Consumer annualised deposits growth of 8.0%
was largely driven by Fixed Deposit which grew
by 8.1%(ann.) and CASA by 7.6% (ann.). This
resulted in Retail Deposit market share improving
to 19.6% as at September 2015.
SME deposit YTD annualised growth of 16.0%
(ann.) was contributed by strong growth in Fixed
Deposits which grew 34.7% (ann.).
Consumer Deposits growth of 8.0% (ann.) driven
by FD growth of 8.1% (ann.)
CFS Deposits growth of 9.1% (ann.) led by
Consumer and SME portfolios
186.1*
69.2*
Note: *Re-based deposit growth figures are based on adjusted 31 Dec 2014 position in line with migration of client accounts to Global Banking.
RM
billion
RM
billion
RM
billion
33
Community Financial Services: Overview of CFS Malaysia Asset Quality
2,999 2,803
2,585 2,458
2,580
9.6% 8.5%
7.9% 7.3% 7.4%
2.7% 2.4% 2.3% 2.1% 2.1%
0.1% -
500
1,000
1,500
2,000
2,500
3,000
3,500
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
GIL % for SME & BB GIL % for SME
3,658 3,457 3,334
3,109 3,285
2.2% 2.0% 1.9% 1.8% 1.8%
-1.8% (800)
400
1,600
2,800
4,000
3Q 2014 4Q 2014 1Q 2015 2Q 2015 3Q 2015
GIL %
CFS GIL remained stable at 1.8%
SME & Business Banking GIL at 7.4%
Consumer GIL held steady with a slight increase in
Cards & Business Banking
GIL ratio for consumer financing portfolios held
steady on a YoY and QoQ basis with a slight
increase seen in Cards.
SME and Business Banking GIL increased slightly
QoQ to 7.4% due to Business Banking.
Business Banking GIL uptick in the quarter is
partly due to implementation of new
impairment guidelines on impaired accounts.
RM
million
RM
million
GIL % Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015Industry
Q3 2015
CFS 2.2 2.0 1.9 1.8 1.8 N/A
Consumer 0.5 0.5 0.5 0.5 0.5 1.1
Auto 0.5 0.5 0.5 0.5 0.5 1.0
Mortgage 0.7 0.6 0.6 0.6 0.6 1.2
Credit Cards 0.8 0.7 0.8 0.7 0.9 1.4
Unit Trust Loan 0.1 0.1 0.4 0.1 0.1 0.1
Business Banking & SME 9.6 8.5 7.9 7.3 7.4 N/A
Business Banking 11.5 10.3 9.6 9.1 9.4 2.0
SME 2.7 2.4 2.3 2.1 2.1 2.6
34
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
35
2.4
32.1
34.7
2.3
37.5
35.0
2.1
39.6
34.4
Sep'15
Dec'14
Sep'14
Trade Finance and Others
Overdraft
Corporate Banking GIL ratio improved to 1.18% on a YoY
and QoQ basis
Total GB loans increased by 2.4% (ann.) to RM76.1 billion
and grew 9.9% YoY
+7.7%
(ann.)
-14.1%
(ann.)
RM billion
1 Market share of total trade products (On Balance Sheet items, Contingent
Liabilities and Others)
-2.3%
(ann.)
1.57% 1.43%
1.31% 1.27% 1.18%
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
Term Loan
Global Banking: Overview of Corporate Banking Portfolio
Trade Finance market share ¹
25.4%
25.8%
24.6% 24.9%
25.3%
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
36
Global Banking: Overview of Global Markets Portfolio
Group Securities Portfolio:
42.7% Foreign Securities as at 9M FY2015
53.1% 25.7%
19.2%
0.2% 0.8%
1.0%
55.8% 21.7%
19.7%
0.4%
1.0% 1.4%
RM21.4
billion RM20.3
billion
51.5 50.9 48.0 47.6 51.7
44.5 44.5 45.5 46.6 48.9
11.8 9.2 10.3 14.6 11.6
Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
Others
PDS/CorpBondsGovt.Securities
Commercial
Papers
1,654.8
1,641.5
9M FY2014 9M FY2015
23.3%
22.8%
23.6%
19.9%
10.4%
1,051.7 982.1
882.3 1,039.5
9M FY2014 9M FY2015
Net interest income
Non-interest income
+4.5%
Group Securities Portfolio grew 4.1% YoY
+4.1% YoY
112.2 103.8 108.8 104.6
Global markets revenue grew regionally by 4.5%
-0.8%
1,934.0
Revenue PBT
RM
million
Note: PBT & Revenue includes regional performance
RM 112.2
billion
41.4% of GM PDS (Maybank Conventional Malaysia)
rated “AA” or above as at 9M FY2015
RM
billion
9M FY2015
Government
Securities
-Domestic
Government
Securities
-Foreign PDS/Corp
Bonds
-Domestic
PDS –
Foreign
Others
(NIDs, BA,
etc)
27.2%
20.6% 25.4%
15.9%
10.9%
RM107.8
billion
Government
Securities
-Domestic
Government
Securities
-Foreign
PDS –
Foreign
Others
(NIDs, BA,
etc)
9M FY2014
SA
(Govt.
Guaranteed) AAA
AA
SA
(Govt.
Guaranteed) AAA
AA
A Commercial
Papers
Note: Group PDS (Maybank Malaysia) for 9M FY2014 and 9M FY2015 are
RM23.6 billion and RM22.7 billion respectively
107.8
9M FY2015 9M FY2014
<A
2,021.6
PDS/Corp
Bonds
-Domestic
A
<A
37 37
YTD Sept 2015 Equity Brokerage League Table by Country
* Ranking is not disclosed in respective exchanges
Note: Maybank Kim Eng represents the combined business of Maybank IB and business segments under Maybank Kim Eng Holdings
Country Rank Market Share Trading Value
(USD m)
Thailand 1 8.9% 40,847
Malaysia 4 8.8% 18,531
Indonesia 7 3.2% 5,365
Philippines 4 7.9% 6,125
Singapore N/A* 4.3% 12,957
Hong Kong Tier2 0.8% 44,552
9M ended 30 Sept 2015 Total Income Total Income for Maybank Kim Eng dropped by 2.1% YoY
Arrangers' Fees 23%
Brokerage 54%
Other Fee Income 7%
Agency/ Guarantee Fees
3%
Advisory Fees 5%
Placement Fees 5%
Primary Subscriber's Fees
0%
Underwriting Fees 3%
Malaysia, (RM270.7 mil,
29%)
Thailand, (RM263.6 mil,
28%) Singapore,
(RM231.3 mil, 25%)
Hong Kong, (RM67.8 mil,
7%)
Phillipines, (RM45.7 mil,
5%)
Others, (RM44.8 mil,
5%)
Indonesia, (RM13.1 mil
,1%)
RM937.0mil
9M ended 30 Sept 2015 Fee-based Income for Malaysia
Global Banking: Overview of Investment Banking Portfolio
956.9
937.0
9M FY2014 9M FY2015
2.1%
RM
million
38 38
Mar 2015
Malaysia
Rights Issue
Joint Managing
Underwriter
Joint Underwriter
MYR 629 Million
Mar 2015
Thailand
Platinum Group
Initial Public
Offering (IPO)
Sole Financial Adviser
Sole Bookrunner
Joint Underwriter
THB 5.18 billion
Mar 2015
Turkey
KT Kira Sertifikalari
Varlik Kiralama A.Ş.
Sukuk Wakalah Joint Principal Adviser
Joint Lead Arranger
Joint Lead Manager
Joint Bookrunner
Joint Shariah Advisor
Sukuk Trustee
MYR 300 million
Mar 2015
Hong Kong
Samson Paper
Company Ltd
Syndicated Term
Financing
Joint Mandated Lead
Arranger
Bookrunner
Joint Under Writer
HKD 728 million
Jan 2015
Malaysia
Sapurakencana TMC
Sdn Bhd
Syndicated Term
Financing Coordinating Bank
Joint Mandated Lead
Arranger
Investment Agent
Security Agent
USD 2.32 Billion
Jan 2015
Singapore
Pacific Andes
Resources Dev’t
Initial Public
Offering
Sole Financial Adviser
Sole Bookrunner
Joint Underwriter
SGD 195.5 Million
Feb 2015
Singapore
Hap Seng
Consolidated Berhad
Partial Offer on 51%
of Hafary Holdings
Limited
Sole Financial Adviser
UP TO SGD52.5 Million
Feb 2015
Malaysia
Weststar Aviation
Services Sdn Bhd
Syndicated
Murabahah Term
Financing & Islamic
Working Capital
Facilities Mandated Lead Arranger
Lender
MYR 1.9 Billion
Mah Sing Group Berhad
Jun 2015
UAE
Sukuk Wakalah
Joint Lead Manager
Joint Bookrunner
Dubai Islamic Bank
USD750 Million
May 2015
Malaysia
Eco World – Ballymore
Holding Company Limited
Syndicated Loan
Joint Mandated Lead
Arranger
Joint Bookrunner
UP TO GBP 1.1
Billion
May 2015
Malaysia
Malakoff Corporation
Berhad
Initial Public
Offering Transaction Manager
Joint Principal Advisor
Joint Global Coordinator
Joint Bookrunner
Joint Underwriter
UP TO MYR 1.5
Billion
Apr 2015
Singapore
Pacificlight Power Pte
Ltd / Pacificlight Energy
Pte Ltd
Syndicated Credit
Facilities Financial Advisor
Mandated Lead Arranger
Underwriter
SBLC Issuing Bank
Facility/Security Agent
SGD 1.1 Billion
Syndicated Term
Loan
Mandated Lead Arranger
and Bookrunner
May 2015
Hong Kong
Fosun International
Limited
USD 800 Million
Jun 2015
Indonesia
PT Buana Finance
Syndicated Loan
Lender
USD50 Million
Jun 2015
Philippines
San Miguel Consolidated
Power Corporation
7-Year Syndicated
Term Loan Facility
Lead Arranger
USD60 Million
Syndicated Term
Loan
Mandated Lead Arranger
and Bookrunner
HKD 2 Billion
July 2015
Hong Kong
Zhuhai Holdings Investment
Group Limited
RM550.2 Million
July 2015
Malaysia
Sunway Construction
Initial Public
Offering (IPO)
Joint Global Coordinator
Joint Bookrunner
Joint Underwriter
RM252.4 Million
Sept 2015
Malaysia
Al-Salam REIT
Initial Public
Offering (IPO)
Joint Placement Agent
USD550 Million
July 2015
Petron Corporation
Syndicated Term
Loan Facility
Mandated Lead Arranger
and Bookrunner
Philippines
RM1.6 Billion
Aug 2015
Multi-Currency
Islamic Medium
Term Notes
Programme
Joint Principal Adviser,
Joint Lead Arranger,
Joint Lead Manager
Kuala Lumpur Kepong
Berhad
Malaysia
Malaysia
Apr 2015
IJM Corporation
Berhad
Privatisation of
IJM Land Berhad
Principal Adviser
MYR 1.98 Billion
Sept 2015
Projek SMART Holdings
Sdn Bhd
RM330 Million
Islamic Medium
Term Notes
Programme
Principal Adviser, Lead
Arranger, Lead Manager
Malaysia
Term Loan Facility
Mandated Lead Arranger
and Bookrunner
USD780 Million
Sept 2015
Yinson Production
(West Africa) Pte Ltd
Singapore
RM 182 Million
Sept2015
Wing Tai Malaysia Berhad
Rights Issue
Principal
Adviser
Malaysia
RM1.4 Billion
Aug 2015
Malaysia
Acquisition
Principal Adviser
Dayang Enterprise
Holdings Bhd
RM5 Billion
Aug 2015
Medium Term Notes
Programme
Joint Principal Adviser,
Joint Lead Arranger,
Joint Lead
Malaysia
Genting Malaysia
Berhad
Global Banking: Notable Deals for 9M FY2015
Apr 2015
Cititower Sdn Bhd
JV KLCC (Holdings) Sdn
Bhd & QD Asia Pacific
Ltd
Syndicated Islamic
Term Financing
Joint Mandated Lead
Arranger
Bookrunner
Joint Underwriter
Malaysia
UP TO MYR 3.2
Billion
39
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
40
Maybank Singapore: P&L Summary
(SGD mil) 9M FY2015 9M FY2014 YoY
Net Fund Based income 428.69 379.50 13.0%
Net Fee Based income 187.36 217.69 (13.9)%
Net income 616.04 597.18 3.2%
Overhead expenses 265.48 251.88 5.4%
Operating profit 350.57 345.30 1.5%
Profit before taxation 301.15 330.46 (8.9)%
• PBT fell by 8.9% YoY or SGD29.31 million to SGD301.15 million for 9M FY2015
• Fund-based income increased by 13.0% YoY on the back of expanded loan base.
• Fee-based income declined by 13.9% YoY as a decline in both treasury and wealth management
income more than offset a rise in credit-related fees
• Overhead expenses increased by 5.4% YoY mainly arising from higher human capital investments
41
Maybank Singapore: Overview of Loan Portfolio
0.31 0.28 0.26 0.24 0.31
0.42 0.44
0.23 0.22 0.20 0.20 0.25
0.35 0.36
Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15
GIL Ratio NIL Ratio
7.6 8.5 8.9
4.7 4.2 4.6
4.8 4.4 3.9
4.6 5.6 6.0
7.1 7.5 9.1
2.1 2.1 1.9
2.5 2.6 3.6
Sep 14 Dec 14 Sep 15
Other(Consumer)
Car Loan
Housing Loan
Others(Corporate)
Non-Bankfinancial Inst
GeneralCommerce
Building &Const
Asset Quality up slightly YoY in Sep-15 Maybank Singapore loans growth of 10.6% YoY is more than
double the industry growth of 4.2%
Diversified Loan Portfolio
34.5 38.1
Consumer
38%
Corporate
62%
SG
D b
illion
As at 30 June 2015, total loans rose by 11.3%
YTD annualised .
Consumer loans expanded by 25.8% YTD to
SGD14.6 billion, lifted by strong growth in
both housing and other personal loans. Car
loans continued to decline in line with
industry trend.
Meanwhile, business loans increased by 3.5%
YTD to SGD23.4 billion. Building and
Construction loans grew by 6.3% YTD but
trade finance rose by just 1.7% amid a
slowdown in regional trade flows and lower
commodity prices.
13.3%
18.8% 21.3%
13.4%
11.6% 9.9% 10.6%
17.3%
16.5% 14.0%
9.3% 6.7%
3.4% 4.2%
Mar 14 Jun 14 Sep 14 Dec 14 Mar 15 Jun 15 Sep 15
Maybank Singapore Growth Industry Growth
+10.6% YoY
35.1
+11.3% ann.
42
Maybank Singapore: Overview of Deposits Portfolio
4.3 4.8 4.8
10.4 12.1 12.6
4.8 5.1 5.0
16.5 17.6 17.4
Sep-14 Dec-14 Sep-15
Consumer -Time Deposits
Consumer CASA
Business TimeDeposits
Business CASA
Maybank Singapore deposits up by 11.1% YoY compared
to the 9.2% rise in system-wide deposit
Consumer deposits account for 56% of our deposits
+11.1% YoY
35.9 39.8
Consumer
56%
Corporate
44%
SG
D b
illion
4.3 4.5 4.4
4.8 5.3 5.4
26.8 29.7 30.0
Sep-14 Dec-15 Sep-15
TimeDeposits
DemandDeposits
SavingsCASA Ratio:
24.6%
CASA grew 7.8% YoY in Sep-15 but fell 1.7% on a
YTD annualised basis
4.1% 3.3%
7.3%
16.5% 17.0%
11.5% 11.1%
6.8% 5.0%
4.4% 7.0% 8.0% 6.4%
9.2%
Mar 14 Jun 14 Sep 14 Dec 14 Mar 15 Jun-15 Sep-15
Maybank Singapore Growth Industry Growth
Deposits grew by 0.8% (ann.) to SGD39.8 billion
as business deposits rose by 4.0% to SGD17.4
billion, supported by a 5.4% increase in time
deposits.
Consumer deposits declined by 2.1% (ann.) to
SGD22.3 billion, weighed by a drop in both CASA
and time deposits.
39.6
+0.8% ann.
43
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
44
Maybank Indonesia’s Official Change in Name
45
(IDR bil) 9M FY2015 9M FY2014 YoY 3Q FY2015 2Q FY 2015 QoQ
Net Fund Based income 4,784 4,329 11% 1,696 1,502 13%
Net Fee Based income 1,605 1,427 12% 523 461 14%
Net income 6,389 5,756 11% 2,219 1,962 13%
Overhead expenses (4,110) (3,701) 11% (1,343) (1,314) 2%
Personnel (1,847) (1,623) 14% (617) (600) 3%
General & Administrative (2,217) (2,079) 7% (730) (753) (3)%
Other Operating Expenses (47) - N/A 4 39 (90)%
Operating profit 2,279 2,055 11% 876 648 35%
Provisions Expenses (1,559) (1,464) 6% (607) (525) 16%
Non Operating Income/ Expenses 64 (103) 162% (9) 49 (118)%
Profit Before Tax before Minority
Interest 784 488 61% 259 172 51%
Net Profit 592 347 71% 204 133 54%
EPS - Basic (IDR) 8.74 5.69 54% 3.01 1.96 54%
Maybank Indonesia: P&L Summary
46
30.9 25.9 24.0 23.2
35.3 38.9 40.8 43.6
35.8 39.8 41.5 44.7
Dec-13 Sep-14 Dec-14 Sep-15
Global Banking Business Banking Retail Banking
17.7 15.8 16.3 18.3
24.7 24.2 23.5 25.2
64.9 63.6 62.7 67.1
Dec-13 Sep-14 Dec-14 Sep-15
Current Account Saving Account Time Deposit
Net Interest Margin (Consolidated)
Asset Quality (Consolidated)
Loans composition (Consolidated) IDR Trillion
Deposits (Consolidated) IDR Trillion
111.5 106.3 104.6
6.6% YoY
6.6% ann.
102.0
110.6 102.5 103.6
6.8% YoY
10.5% ann.
107.2
Maybank Indonesia: Portfolio Overview
4.94% 4.63% 4.76% 4.82%
Dec-13 Sep-14 Dec-14 Sep-15
3.42% 3.34% 3.59%
4.62% 4.65%
2.62% 2.44%
2.56%
3.29% 3.12%
Sep-14 Dec-14 Mar-15 Jun-15 Sep-15
Impaired Loans - Gross Impaired Loans - Net
47
35,488
891
36,379 38,828
459
39,287
New Used Total
Sep-14 Sep-15
543 608
248 265
Sep-14 Sep-15
Revenue Profit Before Tax
Asset Quality
Revenue and Profit Before Tax IDR billion
Maybank Indonesia: Overview of BII Finance Operations
Consumer Financing IDR billion
27.2%
7.0%
Unit Financing (unit)
8.0%
48.5%
9.4%
3,151
4,009
Sep-14 Sep-15
0.19% 0.15%
0.30% 0.25%
0.20%
0.23%
0.18%
0.37% 0.33%
0.24%
Sep-14 Dec-14 Mar-15 Jun-15 Sep-15
NPL Net NPL Gross
48
1.24% 1.07% 1.09% 1.45% 1.40%
3.03% 2.75% 2.81% 2.91% 2.95%
Sep-14 Dec-14 Mar-15 Jun-15 Sep-15
NPL Net NPL Gross
4,442 3,992
Sep-14 Sep-15
318
120
438
272
167
439
New Used Total
Sep-14 Sep-15
Maybank Indonesia: Overview of WOM Finance Operations
Consumer Financing IDR billion
14.5%
39.6%
0.3% Asset Quality
Revenue and Profit Before Tax IDR billion
Unit Financing (‘000 unit)
11.2%
1,142 1,270
55 (22)
Sep-14 Sep-15
Revenue Profit Before Tax
10.1%
49
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
50
27.87
24.48 25.67
4.70
10.70
15.13
30.96 30.17 29.07
4.79
13.52
18.45
AITAB Mortgage Term Financing Others (CFS) Term Financing Others (GB)
Dec-14
Sep-15
Islamic Banking: Performance Overview
Group Islamic Banking Financial Performance
Maybank Islamic: Key ratios
9M
FY2015
9M
FY2014
Return on Equity (ROE) 16.14% 15.22%
Return on Risk-Weighted Assets (RRWA) 2.75% 2.51%
Fee Income Ratio 15.98% 12.06%
Cost to Income Ratio* (CIR) 36.04% 36.39%
Total Capital Ratio (TCR) 15.179% 15.271%
*Cost for 9M FY2014 is normalised after adjustment
Maybank Islamic: Total Gross Financing grew by
23%(ann.) to RM127.0 billion
Maybank Islamic contribution to Maybank Malaysia
Loans and Financing as at September 2015
Note: Group Islamic Banking includes Maybank Islamic and the Group’s
other Islamic operations
RM million 9M
FY2015
9M
FY2014 YoY
Total Income 2,984.5 2,465.7 21.0%
Profit Before Tax 1,230.9 1,087.8 13.2%
GB: 31% CFS: 20 %
p15% p31%
p18%
p35%
p29%
p3%
Year Contribution
Dec 2014 43.8%
Mar 2015 46.3%
Jun 2015 47.9%
Sep 2015 48.7%
Maybank
Conventional
Malaysia, 51.3%
Maybank Islamic,
48.7% RM
billion
51
Islamic Banking: Market Share as at end Sept 2015
Sep 15 Sep 14
Automobile financing 42.0% 38.3%
Home Financing 27.2% 25.0%
Term financing 30.8% 29.7%
CASA Deposits 34.8% 31.5%
Market Share by Product
Maybank ranks No.1 by Asset Market Share in Malaysia
Source: BNM monthly statistical bulletin Jun-15 and respective Bank’s Financial
Statements
Malaysia Asset Market Share
Jun 15 Rank
Maybank Islamic 31% 1
CIMB Islamic 10% 2
Bank Islam 9% 3
Source: Bloomberg
Sukuk League Table Ranking for 9M FY2015
Global Sukuk League
Table Ranking
Market Share
(%)
Amount
(USD million) Issues
#4 Maybank 8.2 2,005 52
MYR Sukuk League
Table Ranking
Market Share
(%)
Amount
(RM million) Issues
#3 Maybank 18.8 5,730 48
31.1% 31.6%32.7% 33.0% 33.4% 33.6%
25.1% 24.7% 24.9% 24.4% 24.8%
27.9%
15.0%
20.0%
25.0%
30.0%
35.0%
Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15
Financing Deposit
Maybank Islamic Market Share (Malaysia)
52
* Market Share is for period Jul’14 – Jun’15 (Source: LIAM / ISM Statistics)
9.8%
14.3%
15.5%
19.0%
0.0% 5.0% 10.0% 15.0% 20.0%
Etiqa Ins. & Tak.
GE Ins. & Tak.
Prudential Ins. & Tak.
AIA Ins. & Tak.
560.9
349.5
9M FY2014 9M FY2015
27.75 27.54 26.94
Sep 2014 Dec 2014 Sep 2015
Total Assets (RM billion)
Life / Family (New Business) Market Share
General Insurance and Takaful Market Share
Gross Premium
No. 4 in Life/Family
(New Business)
No. 1 in General
Insurance and Takaful
-37.7% YoY
Profit Before Tax (RM million)
Note: PBT includes estimated transfer of RM44.9 million from Family Fund in 9M FY2015.
- 2.9% YoY
- 2.2% YTD
Insurance and Takaful: Performance Overview
8.1%
11.2%
13.0%
0.0% 5.0% 10.0% 15.0%
AmGeneral Insurance
Allianz Insurance
Etiqa Ins. & Tak.
0 1,000 2,000 3,000 4,000 5,000
Total Life/Family& General
Total General
Misc
MAT
Motor
Fire
Total Life/Family
Group Premium
Credit Premium
Regular Premium
Single Premium
(RM Million)
9M FY2015
9M FY2014
- 64.5%
+ 13.1%
+ 12.5%
- 9.2%
+ 0.3%
+ 1.5%
+ 9.1%
+ 20.5%
+ 11.8%
+ 7.9%
+ 4.2%
53
48,670.6
55,280.0
52,483.0
54,991.5
Dec 2014 Sep 2015
PESO
Mil
Gross Loan
CustomerDeposits
2,949.1
3,569.3
636.4 629.7
9M FY2014 9M FY2015
PESO
Mil Revenue
PBT
Maybank Philippines: Performance Overview
Revenue and PBT
Revenue improved YoY by 21.0% or PESO620.2 mil as net
interest income grew on the back of higher loans growth and
non-interest income growth was supported by an increase in
commissions and higher trading gain.
PBT declined marginally YoY by 1.1% or PESO6.7 mil as loan
loss provisions partly offset the higher income.
Gross loans grew 18.1% (ann.) driven by the increase in
retail loans, mainly Auto and Business Banking.
Customer deposits rose by 6.4% (ann.) contributed by higher
CASA.
Gross impaired loans ratio was higher by 11 bps to 3.57% in
September 2015 from 3.46% a year ago, due to an increase
in impaired loans largely arising from the auto, mortgage
and business banking portfolio. Gross Loans and Deposits
Key Highlights
*Annualised growth
+21.0% YoY
-1.1% YoY
+18.1%*
+6.4%*
Key Ratios 9M FY2015 9M FY2014
Return on assets 1.72% 1.14%
Return on equity 9.71% 3.96%
Cost-to-income ratio 72.68% 75.72%
Loans to Deposit ratio 98.40% 90.71%
Gross Impaired Loans Ratio 3.57% 3.46%
No. of branches 79 79
54
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
55
1,210.5
1,459.7
213.6 256.6
9M FY2014 9M FY2015
VN
D B
il Revenue
PBT
Revenue increased YoY by 20.6% or VND249.2 bil, as fee
income and interest income improved by 86.2% and 12.4%
respectively.
PBT rose YoY by 20.1% or VND43.0 bil due to higher income
mainly as a result of lower interest expense and higher gain
on investments. However, this was partially offset by higher
loan losses.
Overheads increased slightly by 4.8% mainly due to higher
staff cost and marketing expenses.
Gross loans declined by 15.3% (ann.) or VND4,899.1 bil due
to lower Corporate and FI lending.
Customer deposits decreased by 6.3% (ann.) or
VND2,153.8 bil mainly due to the drop in Current Accounts
and Fixed Deposits.
Gross NPL ratio improved to 1.8% from 5.6% contributed by
lower NPL balance.
Gross Loans and Deposits
*Annualised growth
Key Ratios 9M FY2015 9M FY2014
Return on assets 0.50% 0.50%
Return on equity 5.90% 4.90%
Cost-to-income ratio 56.05% 64.51%
Loans to Deposit ratio 86.46% 85.63%
Gross NPL Ratio 1.80% 5.62%
An Binh Bank: Performance Overview
42,633.1
37,734.0
45,403.7 43,249.9
Dec 2014 Sep 2015
VN
D B
il
Gross Loan
CustomerDeposits
+20.1% YoY
+20.6% YoY
-15.3%*
-6.3%*
Revenue and PBT Key Highlights
56
42.0
50.7
28.0
34.7
9M FY2014 9M FY2015
PKR B
il Revenue
PBT
322.8 325.5
676.0 692.6
Dec 2014 Sep 2015
PKR B
il
Gross Loan
CustomerDeposits
PBT increased by 23.9% YoY contributed by higher
revenue and lower provisions.
Net interest income was higher by 15.3% YoY, mainly due
to an increase in interest income from investments.
Non-interest income grew by 38.6% YoY, supported by an
increase in gain on sale of securities and higher
commissions.
Gross loans was marginally higher by 1.1% (ann.) driven
by higher domestic loans.
Customer Deposits increased by 3.3% (ann.), as the
increase in CASA helped to offset the impact of declining
Fixed Deposits.
Gross NPL ratio improved by 77 bps due to lower NPL
balances and an increase in loan base.
Gross Loans and Deposits
*Annualised growth
Key Ratios 9M FY2015 9M FY2014
Return on assets 2.72% 2.91%
Return on equity 23.71% 23.61%
Cost-to-income ratio 34.98% 37.57%
Loans to Deposit ratio 44.43% 44.51%
Gross NPL Ratio 6.34% 7.11%
MCB Bank: Performance Overview
+3.3%*
+1.1%*
+20.7% YoY
+23.9% YoY
Revenue and PBT Key Highlights
57
Table of Contents
Financial Results: 3Q FY2015 and 9M FY2015 ended 30 September 2015
Appendix:
2. Community Financial Services
3. Global Banking
4. Maybank Singapore
5. Maybank Indonesia
6. Other segments
7. Affiliates
Results Overview
8. Quarterly Financial Summary
1. Financial Performance
2
30
35
40
44
50
55
58
18
58
1,572 1,561
122
987
(1,098)
1,345 1,195
104
1,050
(1,004)
1,934
1,366
169
1,009
(608)
Total Other operating income Fee Income from IslamicOperations
Net Earned InsurancePremiums
Net Insurance Benefits &Claims Incurred, Net Fee& Commission Expensesand Life & Takaful Fund
Tax
1Q FY2015
2Q FY2015
3Q FY2015
RM
million
RM million 1Q
FY2015
2Q
FY2015 QoQ
3Q
FY2015 QoQ
Commission, service charges and fees 937 946 1.0% 868 (8.2)%
Investment & Trading Income 238 233 (1.9)% 265 13.6%
Unrealised gain/ (losses) on securities & derivatives (91) (176) 94.9% (489) 177.1%
Foreign Exchange Profit 423 84 (80.1)% 608 623.1%
Other Income 54 108 101.6% 113 4.0%
Net Fee Based Income by quarter
-14.4% +43.8% -23.4% +14.2%
-15.0% +62.2% -4.0% +6.4% -8.5% -39.4%
59
Key Operating Ratios
(%) 9M
FY2015
9M
FY2014
Variance
YoY
1Q
FY2015
2Q
FY2015
3Q
FY2015
Variance
QoQ
Return on Equity 12.4 13.4 (1.0)% 12.8 11.7 13.6 1.9%
Net Interest Margin 2.31 2.34 (3)bps 2.26 2.28 2.38 10bps
Fee to Income Ratio 31.1 29.5 1.6% 31.5 27.5 33.7 6.2%
Loans-to-Deposit Ratio 95.3 90.6 4.7% 92.2 94.2 95.3 1.1%
Cost to Income Ratio1 47.9 48.3 (0.4)% 49.7 49.2 45.1 (4.1)%
Asset Quality
Gross Impaired Loans Ratio 1.54 1.65 (11) bps 1.50 1.56 1.54 (2) bps
Net Impaired Loans Ratio 1.14 1.13 1 bps 1.06 1.15 1.14 (1) bps
Loans Loss Coverage 85.4 95.4 (10.0)% 93.5 83.4 85.4 2.0%
Net Charge off rate (bps) (40) (16) (24) bps (24) (29) (65) (36) bps
Capital Adequacy (Group)²
CET1 Capital Ratio 11.273 11.33 (6) Bps 11.15 11.48 11.273 (21) Bps
Total Capital Ratio 15.103 16.08 (98) bps 15.35 15.54 15.103 (44) bps
¹ Total cost excludes amortisation of intangibles for BII and Kim Eng.
² The capital ratios are adjusted based on the assumption of 85% reinvestment rate under DRP of the respective proposed dividend, except for 2Q FY2015, which are based on
80% reinvestment rate. 3 Adjusted based on acceptance rate of 87.43%.
60
Group Gross Loans by quarter
¹ Including Islamic loans sold to Cagamas and excludes unwinding of interest
²Takes into account others portion - Sep 15: RM0; Jun 15: RM15 million; Mar 15: RM7 million; Dec 14: RM7 million
³ Normalised loan growth as at 31 Mar 2015, 30 Jun 2015 & 30 Sept 2015, prior to a transfer of SGD 2.2 billion from GB to CFS for Business
Banking segment due to realignment to the Group Customer Segmentation
31 Dec 2014 31 Mar 2015 30 Jun 2015 30 Sep 2015 QoQ
Group Gross Loans¹ 410.5 419.0 433.3 465.3 7.4%
Malaysia (RM billion) ² 243.6 245.9 248.8 255.3 2.6%
Community Financial Services 168.8 171.8 175.3 179.1 2.2%
Global Banking 74.8 74.1 73.4 76.1 3.7%
International (RM billion) 162.4 167.0 178.7 204.4 14.4%
Singapore (SGD billion) 35.1 35.0 36.6 38.1 4.2%
Community Financial Services (reported) 14.8 17.7 19.1 19.9 4.1%
Community Financial Services (normalised) 14.8 15.5³ 16.8³ 17.4³ 3.8%
Global Banking (reported) 20.1 17.0 17.2 18.0 4.4%
Global Banking (normalised) 20.1 19.2³ 19.4³ 20.3³ 4.6%
Others 0.3 0.3 0.3 0.3 5.9%
Indonesia (Rupiah trillion) 109.3 110.7 111.4 114.2 2.4%
Community Financial Services 84.1 85.6 89.0 89.9 1.1%
Global Banking 24.9 24.7 22.2 23.9 7.9%
Others 0.3 0.4 0.3 0.3 1.4%
Other markets (RM billion) 38.8 41.3 44.6 52.3 17.2%
Philippines 3.8 4.1 4.4 5.2 17.1%
Indo China 1.7 1.7 1.9 2.5 31.8%
Greater China 16.0 16.6 17.4 20.2 16.3%
Others 17.3 18.9 20.9 24.3 16.6%
Investment banking (RM billion) 4.4 6.1 5.8 5.6 (3.2)%
61
RM billion 31 Dec 2014 31 Mar 2015 30 Jun 2015 30 Sep 2015 QoQ
Community Financial Services 168.8 171.8 175.3 179.1 2.2%
Consumer 135.7 138.9 141.4 144.0 1.9%
Total Mortgage 60.9 62.8 65.1 67.1 3.1%
Auto Finance 38.6 39.7 40.4 40.8 1.2%
Credit Cards 5.8 6.0 6.0 6.0 1.2%
Unit Trust 28.3 28.3 27.7 27.8 0.2%
Other Retail Loans 2.1 2.1 2.3 2.3 0.5%
Business Banking + SME 33.1 33.0 33.9 35.1 3.4%
Business Banking + SME (Re-based¹) 31.9 33.0 33.9 35.1 3.4%
SME 7.5 7.9 8.9 9.6 8.1%
Business Banking 25.5 25.1 25.1 25.5 1.8%
Global Banking (Corporate) 74.8 74.1 73.4 76.1 3.7%
Total Malaysia² 243.6 245.9 248.8 255.3 2.6%
Malaysia Gross Loans by quarter
¹ Re-based loan growth figures are based on adjusted 31 Dec 2014 position in line with migration of client accounts, implemented on 1 Jan 2015.
² Including Islamic loans sold to Cagamas and excludes unwinding of interest and takes into accounts others portion – Sep 15: RM0; Jun 15: RM15 million; Mar 15: RM7 million;
Dec 14: RM7 million
62
Group Gross Deposit by quarter
31 Dec 2014 31 Mar 2015 30 Jun 2015 30 Sep 2015 QoQ
Group Gross Deposits 439.6 447.1 453.5 481.0 6.1%
Malaysia (RM billion) 278.3 278.6 285.4 286.9 0.5%
Savings Deposits 38.5 39.7 40.3 40.3 0.2%
Current Accounts 72.8 74.9 72.5 77.5 6.9%
Fixed Deposits 140.8 143.6 155.2 154.1 (0.7)%
Others 26.2 20.3 17.4 14.9 (14.5)%
International 162.9 170.0 169.6 195.5 15.3%
Singapore (SGD billion) 39.6 39.2 39.0 39.8 2.1%
Savings Deposits 4.5 4.3 4.5 4.4 (2.3)%
Current Accounts 5.3 5.3 5.1 5.4 5.9%
Fixed Deposits 29.0 28.7 28.9 29.4 1.7%
Others 0.8 0.9 0.5 0.7 23.4%
Indonesia (Rupiah trillion) 102.8¹ 104.7 106.9 110.4 3.2%
Savings Deposits 23.5 23.7 24.0 25.2 5.0%
Current Accounts 16.3 17.3 18.4 18.3 (0.6)%
Fixed Deposits 62.4 63.7 64.5 66.9 3.7%
¹ Includes Others of Rupiah 0.6 trillion
63
Dato’ Mohamed Rafique Merican
Group Chief Financial Officer
Contact: (6)03-2074 7878
Email: [email protected]
MALAYAN BANKING BERHAD
14th Floor, Menara Maybank
100, Jalan Tun Perak
50050 Kuala Lumpur, Malaysia
Tel : (6)03-2070 8833
www.maybank.com
Narita Naziree
Head, Group Performance Reporting & Investor Relations
Contact: (6)03-2074 8017
Email: [email protected]
Disclaimer. This presentation has been prepared by Malayan Banking Berhad (the “Company”) for information purposes only and does not purport to contain all the
information that may be required to evaluate the Company or its financial position. No representation or warranty, express or implied, is given by or on behalf of the
Company as to the accuracy or completeness of the information or opinions contained in this presentation.
The presentation does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any part of
it form the basis of, or be relied in any connection with, any contract, investment decision or commitment whatsoever.
The Company does not accept any liability whatsoever for any loss howsoever arising from any use of this presentation or their contents or otherwise arising in
connection therewith.
Investor Relations Contact
Humanising Financial Services