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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 2022 MYRUSD
Gross Profit----
Operating income12,588.76M2,860.21M
Income before tax12,022.41M2,731.54M
Net income8,234.94M1,871.01M
Diluted EPS0.680.15
Dividends Per Share0.580.13
Total Assets947,812.83M215,167.49M
Total liabilities858,895.69M194,981.99M
Total equity85,957.03M19,513.51M
Operating cash flow17,893.22M4,065.41M
Currency in MYRCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 39,044.26M 46,229.56M 44,904.04M 43,445.30M 41,863.21M
Gross Profit -- -- -- -- --
Operating income 10,789.32M 11,022.78M 8,914.65M 11,265.87M 12,588.76M
Income before tax 10,901.34M 11,013.88M 8,656.95M 10,886.59M 12,022.41M
Net income 8,113.26M 8,198.07M 6,481.21M 8,096.22M 8,234.94M
EBITDA -- -- -- -- --
Diluted EPS 0.74 0.73 0.57 0.69 0.68
Dividends Per Share 0.57 0.64 0.52 0.58 0.58
Total Assets 806,991.68M 834,413.01M 856,859.51M 888,172.39M 947,812.83M
Total liabilities 729,254.42M 750,343.79M 769,749.88M 799,619.97M 858,895.69M
Total equity 75,330.12M 81,570.93M 84,436.64M 85,811.42M 85,957.03M
Operating cash flow 14,022.98M 9,314.94M 12,100.86M 18,655.95M 17,893.22M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 9,675.49M 11,158.53M 10,685.81M 10,480.76M 9,511.48M
Gross Profit -- -- -- -- --
Operating income 2,673.68M 2,660.59M 2,121.42M 2,717.78M 2,860.21M
Income before tax 2,701.44M 2,658.44M 2,060.09M 2,626.28M 2,731.54M
Net income 2,010.53M 1,978.78M 1,542.33M 1,953.13M 1,871.01M
EBITDA -- -- -- -- --
Diluted EPS 0.18 0.17 0.13 0.16 0.15
Dividends Per Share 0.14 0.15 0.12 0.13 0.13
Total Assets 195,279.28M 203,988.02M 213,016.65M 213,195.48M 215,167.49M
Total liabilities 176,468.09M 183,435.71M 191,361.06M 191,939.50M 194,981.99M
Total equity 18,228.70M 19,941.55M 20,991.08M 20,598.03M 19,513.51M
Operating cash flow 3,475.01M 2,248.36M 2,879.64M 4,500.56M 4,065.41M

Valuation Measures

Dec 2022
Operating margin30.07%
Profit margin19.67%


  • Group President, CEO & Executive Director: Khairussaleh Ramli
  • Group Chief Operations Officer: Chee Kheong Lau
  • Group Chief Financial Officer: Puan Khalijah Ismail
  • Group Chief Technology Officer: M. S. Amar Suresh bin Abdullah
  • Group Chief Executive Officer-Insurance & Takaful: Kamaludin Ahmad


  • Permodalan Nasional Bhd. (39.2%)
  • Employees Provident Fund (13.2%)
  • Bumiputra Investment Foundation (6.7%)
  • Kumpulan Wang Persaraan (5.0%)
  • The Vanguard Group, Inc. (2.3%)
  • Great Eastern Life Assurance Co. Ltd. (1.2%)
  • BlackRock Fund Advisors (1.1%)
  • GIC Pte Ltd. (Investment Management) (0.8%)
  • AIA Bhd. (0.8%)
  • Eastspring Investments (Singapore) Ltd. (0.7%)

Contact Details

  • Website:
  • Address: Menara Maybank, 100 Jalan Tun Perak, Kuala Lumpur, 50050, Malaysia
  • Phone: +60.3.2070.8833

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Last Updated on 21 Sep, 2023

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