Malayan Banking Berhad with trade name of Maybank is a Malaysian universal bank, with key operating “home markets” of Malaysia, Singapore, and Indonesia.
According to the 2020 Brand Finance report, Maybank is Malaysia’s most valuable bank brand, the fourth-top brand amongst the Asean countries and ranked 70th among the world’s most valuable bank brands.
Content
- Introduction
- The Bank History
- References
Introduction
Maybank is Malaysia’s largest bank by market capitalisation and total assets and one of the largest banks in Southeast Asia, with total assets exceeding US$203 billion and a net profit of US$1.98 billion for 2019.
Maybank is also ranked 106th in The Banker’s 2020 Top 1000 World Banks (as of July 2020) and 349th in the Forbes Global 2000 Leading Companies (as of May 2020).
Maybank is the largest public listed company on Bursa Malaysia, the Malaysian stock exchange, with a market capitalisation of US$23.7 billion as of 31 December 2019.
Maybank’s Islamic banking arm, Maybank Islamic, is the largest Islamic bank in ASEAN and Malaysia in terms of assets, and was named 2020’s Global Islamic Bank of the Year by The Banker.[4]
Maybank’s network spans across all 10 ASEAN nations as well as key Asian countries and global financial centers, with a network of 2,600 retail banking branches worldwide and more than 43,000 employees.
Details
Company type: Public limited company
Traded as MYX: 1155
ISIN MYL1155OO000
Industry Financial Services
Founded in 31 May 1960; 63 years ago
Founder Khoo Teck Puat
Headquarters: Menara Maybank
Kuala Lumpur, Malaysia
Area served
Southeast AsiaGreater ChinaSaudi ArabiaUKUS, PakistanIndiaUzbekistanUAE
Key people
Khairussaleh Ramli (Group President & CEO)
Zamzamzairani Mohd Isa (Chairman)
Revenue Increase RM51.03 billion
(US$11.59 billion) (2021)[1]
Operating income Increase RM25.45 billion
(US$5.78 billion) (2021)
Net income Increase RM8.20 billion
(US$1.98 billion) (2019)[1]
Total assets Increase RM888.00 billion
(US$201.84 billion) (2021)[1]
Number of employees Over 43,000
Subsidiaries
Maybank Islamic Berhad
PT Bank Maybank Indonesia Tbk
Maybank Philippines, Incorporated
Maybank (Cambodia) Plc
Maybank Singapore Limited
MCB Bank Limited
An Binh Commercial Joint Stock Bank
Uzbek Leasing International A.O.
Etiqa International Holdings Sdn Bhd
Maybank International Holdings Sdn Bhd
Maybank Investment Bank Berhad
Maybank Asset Management Group Berhad
Maybank Trustees Berhad
Maybank Shared Services Sdn Bhd
BinaFikir Sdn Bhd
The Bank History
Maybank was founded by Singaporean business tycoon Tan Sri Khoo Teck Puat (who died in 2004) & Oei Tjong Ie.[5] The company was led by President and CEO Tan Sri Amirsham Abdul Aziz from 1994 until March 2008 after which he was appointed Minister in the Prime Minister’s Department in-charge of the Economic Planning Unit, a post he held until April 2009. Tan Sri Abdul Wahid Omar was President & CEO of Maybank Group from May 2008 to June 2013. On 1 May 2022, Dato’ Khairussaleh Ramli was appointed as President & CEO of Maybank Group.
References
https://en.wikipedia.org/wiki/Maybank
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