ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintTitle ChevronIcon Twitter
Finance

Malayan Banking Bhd.

Company Background

Maybank is the largest bank by assets in Malaysia, and the fourth-largest in Southeast Asia. Established in 1960 as a privately-held lender, it is currently over 58% state-owned, and has a presence in 20 countries, with a workforce of almost 50,000. Its group President and CEO Abdul Farid Alias took over the leadership in August 2013 from Abdul Wahid Omar, who left to become a government minister. Before joining Maybank, Farid was a director of investment at Khazanah Nasional, Malaysia's state investment arm.

Maybank is strong in Singapore, particularly its regional investment bank, Maybank Kim Eng Holdings, which was born out of the merger with the city-state's Kim Eng Holdings in 2011. In Indonesia, Bank Internasional Indonesia, a 98% owned listed subsidiary, has a network of over 400 branches. Maybank also runs the largest Islamic bank in the region by asset size. It recently won a banking license to operate in Myanmar.

Business Summary

Malayan Banking Bhd. operates as a holding company. The firm engages in the provision of commercial banking and related financial services. It operates through the following segments: Group Community Financial Services (CFS), Group Corporate Banking and Global Markets, Group Investment Banking, Group Asset Management, and Group Insurance and Takaful. The CFS segment offers retail banking services to individual, small, medium enterprise and business banking customers. The Group Insurance and Takaful segment includes underwriting all classes of general and life insurance businesses, offshore investment life insurance business, general takaful and family takaful businesses. The company was founded on May 31, 1960 and is headquartered in Kuala Lumpur, Malaysia.

Financial Highlights

Dec 2019 MYRUSD
Revenue45,354.24M10,947.25M
Gross Profit----
Operating income11,022.78M2,660.59M
Income before tax11,013.88M2,658.44M
Net income8,198.07M1,978.78M
EBITDA----
Diluted EPS0.730.17
Dividends Per Share0.640.15
Total Assets834,413.01M203,988.02M
Total liabilities750,343.79M183,435.71M
Total equity81,570.93M19,941.55M
Operating cash flow9,314.94M2,248.36M
Currency in MYRCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 34,965.47M 36,667.04M 39,174.31M 39,044.26M 45,354.24M
Gross Profit -- -- -- -- --
Operating income 8,790.68M 8,773.89M 9,844.40M 10,789.32M 11,022.78M
Income before tax 9,151.54M 8,844.45M 10,098.09M 10,901.34M 11,013.88M
Net income 6,835.93M 6,742.99M 7,520.54M 8,113.26M 8,198.07M
EBITDA -- -- -- -- --
Diluted EPS 0.72 0.67 0.72 0.74 0.73
Dividends Per Share 0.54 0.52 0.55 0.57 0.64
Total Assets 708,344.50M 735,956.25M 765,301.76M 806,991.68M 834,413.01M
Total liabilities 644,831.04M 665,481.43M 690,118.16M 729,254.42M 750,343.79M
Total equity 61,694.99M 68,515.73M 72,988.61M 75,330.12M 81,570.93M
Operating cash flow 6,885.55M 17,041.73M 18,895.47M 14,022.98M 9,314.94M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 8,943.32M 8,850.97M 9,111.32M 9,675.49M 10,947.25M
Gross Profit -- -- -- -- --
Operating income 2,248.44M 2,117.91M 2,289.65M 2,673.68M 2,660.59M
Income before tax 2,340.74M 2,134.94M 2,348.65M 2,701.44M 2,658.44M
Net income 1,748.46M 1,627.67M 1,749.15M 2,010.53M 1,978.78M
EBITDA -- -- -- -- --
Diluted EPS 0.18 0.16 0.16 0.18 0.17
Dividends Per Share 0.13 0.12 0.12 0.14 0.15
Total Assets 164,980.67M 164,056.23M 189,103.47M 195,279.28M 203,988.02M
Total liabilities 150,187.73M 148,346.28M 170,525.86M 176,468.09M 183,435.71M
Total equity 14,369.39M 15,273.23M 18,035.23M 18,228.70M 19,941.55M
Operating cash flow 1,761.16M 4,113.66M 4,394.78M 3,475.01M 2,248.36M

Valuation Measures

Dec 2019
PER11.76
ROA0.99%
ROE10.44%
Operating margin24.30%
Profit margin18.07%

Key executives

  • Group President, CEO & Executive Director: Abdul Farid bin Alias
  • Group Chief Operations Officer: Kah Cho Hon
  • Group Chief Financial Officer: Amirul Feisal bin Zahir
  • Group Chief Technology Officer: M. S. Amar Suresh bin Abdullah
  • Group Chief Compliance Officer: Chee Kheong Lau

Shareholders

  • Permodalan Nasional Bhd. (34.8%)
  • Employees Provident Fund (14.0%)
  • Bumiputra Investment Foundation (7.8%)
  • Kumpulan Wang Persaraan (5.0%)
  • The Vanguard Group, Inc. (1.7%)
  • Great Eastern Life Assurance Co. Ltd. (1.1%)
  • BlackRock Fund Advisors (0.8%)
  • GIC Pte Ltd. (Investment Management) (0.8%)
  • Norges Bank Investment Management (0.7%)
  • Eastspring Investments (Singapore) Ltd. (0.7%)

Contact Details

  • Website:http://www.maybank.com
  • Address: Menara Maybank, 100 Jalan Tun Perak, Kuala Lumpur, 50050, Malaysia
  • Phone: +60.3.2070.8833

Related Companies

  • Malayan Banking Bhd. (Myanmar Branch)
  • Maybank Allied Credit & Leasing Sdn. Bhd.
  • Malayan Banking Bhd. (Singapore)
  • Malayan Banking Bhd. (Shanghai Branch)
  • Maybank Kim Eng Properties Pte Ltd.
  • Malayan Banking Bhd. Esop
  • Maybank International Holdings Sdn. Bhd.
  • Maybank Nominees (Asing) Sdn. Bhd.
  • Maybank Securities Nominees (Tempatan) Sdn. Bhd.
  • Maybank Nominees (Tempatan) Sdn. Bhd.
  • Malayan Banking Bhd. (Shenzhen Branch)
  • Malayan Banking Bhd. (Kunming Branch)
  • Mayban Futures Sdn. Bhd.
  • Malayan Banking Bhd. (Beijing Branch)
  • Maybank Shanghai
  • Maybank Lao
  • Malayan Banking Bhd. (Yangon Branch)
  • Malayan Banking Bhd. (Brunei Branch)
  • Maybank Trustees Bhd.
  • Mayban Securities (HK) Ltd.
  • Maybank Kim Eng Group
  • Malayan Banking Bhd. (Hong Kong Branch)
  • Maybank Shared Services Sdn. Bhd.
  • Pacific Nominees (Asing) Sdn. Bhd.
  • Pacific Nominees (Tempatan) Sdn. Bhd.
  • P.B. Holdings Sdn Bhd
  • Maybank Asset Management Group Bhd.
  • Etiqa International Holdings Sdn. Bhd.
  • Maybank Investment Management Sdn. Bhd.
  • Maybank Singapore Pte Ltd.

Competitors

  • Security Bank Corp. (Philippines)
  • JG Summit Holdings Inc.
Last Updated on 27 Nov, 2020

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more