Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Shareholder Meeting (September 2011)
37 slides from Malayan Banking Bhd's shareholder meeting presentation, Sep 29, 2011
Slide 1: Humanising Financial Services Across Asia
Humanising Financial Services Across Asia 51st Annual General Meeting Dato’ Sri Abdul Wahid Omar President & CEO 29 September 2011
Slide 2: Introduction
Introduction Another record profit in FY2011 and exceeded our headline key performance indicators (KPIs) Group transformation initiatives achieved growth across all our key business areas Acquisition of Kim Eng is a testament of our success in expanding regional contribution The new House of Maybank
Slide 3: Introduction, Financial Performance, Regional Expansion
Introduction Financial Performance Regional Expansion Strategy and Achievements Prospects
Slide 4: Exceeding our KPIs for FY2011
Exceeding our KPIs for FY2011 Headline KPIs Target FY11 achievements Return on Equity 14% 15.2% Loans and Debt Securities Growth 12% 22.6% Other targets Target FY11 achievements Loans Growth • Malaysia 12% 16.8% • Singapore 5% 25.8% • BII Net Interest Margin 24% Decrease 25.8% Normalised: 2.71% (-9
Slide 5: FY2011 PATAMI rose 16.6% YoY to RM4.45 billion
FY2011 PATAMI rose 16.6% YoY to RM4.45 billion Record net profit of RM4.45 billion was mainly due to: 8.9% growth in net income 14.2% growth in overhead expenses 59.0% lower allowance for losses on loans *net of insurance claims
Slide 6: Broad based growth across key business segments
Broad based growth across key business segments Group Profit Before Tax (PBT) by business sector (RM million) <05$7; ( ) <15$8; <6$4; <01/$1; &2$2;; &4$7; <08$0; <0/$3; # + #& 0"0/6(0/)!$' 0"127(00) * !% ,
Slide 7: Profit growth from home markets continues to be strong
Profit growth from home markets continues to be strong Profit Before Tax by Geographical Locations International: 24%
Slide 8: Loans grew 21.7% YoY, highest since FY2001
Loans grew 21.7% YoY, highest since FY2001 Strong Loans growth in 3 home markets of Malaysia (16.8%), Singapore (25.8%) and Indonesia (25.8%) Loans YoY Growth
Slide 9: Community Financial Services: Growth across all segments
Community Financial Services: Growth across all segments Mortgage Loans grew 11.6% despite intense competition Hire purchase grew 14.3% in FY2011 Cards performance outperforming industry SME loans market share recovering YoY Maybank Industry* (based on Bank Negara definition) Cardbase -3.6% -8.7% Bi
Slide 10: Global Wholesale Banking: Loans growth improved to 25.6%
Global Wholesale Banking: Loans growth improved to 25.6%
Slide 11: Investment Banking: Strong fee based income growth
Investment Banking: Strong fee based income growth Fee based Income rose 48.9% YoY Industry Position & Market Shares Improved Industry Rank Industry Rank Total Value Maybank IB (without Kim Eng) Deals/Issues Market Share FY2010 FY2011 (billion) M&A 5 3 USD 9.3 31 25.7% Source: Bloomberg Equity & Rig
Slide 12: Maybank Islamic recorded strong financing growth of 35.1%
Within Group Islamic Banking business, Maybank Islamic recorded strong financing growth of 35.1% Maybank Islamic financing (35.1% growth) Group Islamic Banking Income and PBT** Total Gross Financing = RM46.8 billion as at Jun 11 Improving key ratios *Maybank Islamic **Islamic Banking (includes Mayba
Slide 13: Etiqa: No.1 Position in Life/Family and General Business
Etiqa: No.1 Position in Life/Family (new business) and General Business Etiqa maintains top position No. 1 in Life/Family (new business) with market share of 18.3%. No. 1 in General with market share of 11.5% Source: ISM Statistics (Apr10-Mar 11). Combined Gross Premium -6.8% Overall Loss Ratio Lowe
Slide 14: Introduction, Financial Performance, Regional Expansion
Introduction Financial Performance Regional Expansion Strategy and Achievements Prospects
Slide 15: Maybank Group's Regional Network
Maybank Group’s Regional Network 2,100 Offices in 17 countries Acquisition of Kim Eng accelerates the Group’s objective of being a regional investment bank. Kim Eng added 65 offices to the Group. Worldwide Presence In 8 ASEAN countries China: 1 branch • Philippines: 1 rep office 50 branches London:
Slide 16: Regional Investment Banking Capabilities Strengthened with Kim Eng
Regional Investment Banking/Equities Capabilities Strengthened with Acquisition of Kim Eng Maybank’s Expanded Presence with Kim Eng Maybank Kim Eng also maintains ASEAN Stockbroking Champion Commercial Banking Brokerage / Investment Banking distribution presence in Retail Banking key financial marke
Slide 17: Kim Eng is now wholly-owned subsidiary of Maybank
Kim Eng is now wholly-owned subsidiary of Maybank 1 Maybank Completed compulsory acquisition and delisted Kim Eng in Shareholding August 2011 in Kim Eng Maybank now owns 100% of Kim Eng Holdings Thailand: After the tender offer, Maybank now owns an aggregate 2 83.74% in Kim Eng Securities Thailand D
Slide 18: Investment banking business reorganised into 5 pillars
Maybank/Kim Eng investment banking business reorganised into 5 pillars The 5 regional business pillars Maybank’s Investment Banking Business Pillar 1 Pillar 2 Pillar 3 Pillar 4 Pillar 5 Investment Banking and Equity and Equities – Retail Equities – Institutional Asset Management Advisory Commodity S
Slide 19: Singapore: PBT improved 11.0%
Singapore: PBT improved 11.0% on higher fee income and lower provision Diversified Loan Portfolio Revenue and PBT rose 8% and 11% YoY respectively Consumer SGD billion Corporate Asset Quality continued to improve Maybank Singapore loans growth outpaced industry‘s
Slide 20: BII: Revenue grew 20.4% on 25.8% loans growth
BII: Revenue grew 20.4% on the back of 25.8% consolidated loans growth Branches and ATM Net Interest Margin Jun’10 : before adoption SFAS No.50/55; Jun’11 after Adoption SFAS No.50/55 Growth Loan composition (Rp trillion) (YoY) 25% 20.% 27% 77% -20%
Slide 21: Introduction, Financial Performance, Regional Expansion
Introduction Financial Performance Regional Expansion Strategy and Achievements Prospects
Slide 22: Transformation Programme spurring strong financial performance
Transformation Programme spurring strong financial performance By 2015 Our Vision To be a Regional Financial Services Leader Our Mission Humanising Financial Services Across Asia Strategic Objectives 1. Undisputed No. 1 Retail Financial Services provider in Malaysia 2. Leading ASEAN wholesale bank e
Slide 23: New House of Maybank Organisation Structure
New “House of Maybank” Organisation Structure to support aspirations since July 2010 cial Serv inan ice sA F cro ising ss A an sia m Maybank Hu Group CEO + Support (CFO, CRO,GHC, Legal, Compliance, Communications Community Global Wholesale Insurance & E ISLAMIC FINANCE Financial Banking Takaful N IN
Slide 24: Expanded Group Executive Committee
Expanded Group Executive Committee to reflect regional focus and drive business growth Key management changes: Muzaffar Hisham (CEO of Maybank Islamic Berhad and Head of Group Islamic Banking), Hans de Cuyper (Head, Etiqa Insurance & Takaful and CEO of Mayban Ageas Holdings Berhad) and Dr. John Lee
Slide 25: New House of Maybank has accelerated growth and regional reach
New House of Maybank has accelerated the pace for growth and regional reach All branches converted to one-stop-shops, providing Community comprehensive range of financial services including serving Financial Business Banking and SME customers. Services Extended network via Pos Malaysia offices. Impr
Slide 26: New House of Maybank has accelerated growth (cont.)
New House of Maybank has accelerated the pace for growth and regional reach (cont.) Expanded agency business. Insurance Actively promoted single-premium investment-linked products and Takaful through Bancassurance. Completed key IT infrastructure rollout. New Head of Islamic Banking joined in April
Slide 27: Humanising Financial Services Across Asia
Humanising Financial Services Across Asia Providing the people with access to financing Most extensive retail (386) and self- Financial services service terminal (4611) network in accessibility in rural areas Malaysia via mobile bus banking and the only bank in 18 rural locations Largest virtual ban
Slide 28: Introduction, Financial Performance, Regional Expansion
Introduction Financial Performance Regional Expansion Strategy and Achievements Prospects
Slide 29: Malaysia: Sustained growth for 2011-2012
Malaysia: Sustained growth for 2011 -2012 Growth to be sustained at 4.5% - 5% in 2011 & 3.5% - 4.5% in 2012 Inflation expected to rise to 3.4% in 2011 (2010: 1.7%) (2010: 7.2%) Q2 GDP: Quarterly GDP and annual growth rate +4% YoY CPI and components (% YoY) Aug CPI: +3.3% YoY Transport (RHS) Food & N
Slide 30: Malaysia's Banking Sector: Loans expected to moderate
Malaysia’s Banking Sector: Loans expected to moderate to 10% growth in 2012 Total Loans grew 12.9% YoY for July 2011 Total Deposits grew 11.3% YoY for July 2011 RM billion RM billion Capital Adequacy remains strong Gross NPL RM27.4b, Net NPL ratio: 1.99% 14.3% 12.5% % RM billion
Slide 31: Beneficiary of government economic development initiatives
Beneficiary of government economic development initiatives Domestic business activity is supported the government’s 10-year Top 10 Projects Announced Economic Transformation Programme (ETP) under which the Entry Point Projects are gaining momentum. 1.Mass Rapid Transit (RM36.6 b) 55.7% of the 131 pr
Slide 32: Priorities for the next 12 months
Priorities for the next 12 months 1. Grow loans and deposits with pricing discipline. 2. Reinforce community banking focus for distribution channels. Address fundamentals for SME to gear-up for growth. 3. Intensify client coverage collaboration with product partners, with regional responsibility. 4.
Slide 33: Refreshing the Maybank brand
Refreshing the Maybank brand
Slide 34: Prospects
Prospects Group’s business momentum expected to remain robust despite challenging global economic conditions and stiffer competition. Economic growth supportive of loans growth in 3 home markets. Loans growth in Malaysia expected to be 12%, led by corporate segment. Moderate pace expected for retail
Slide 35: Key Performance Indicators (KPIs) for financial period ending 31 Dec 2011
Key Performance Indicators (KPIs) for financial period ending 31 Dec 2011 Note: Loans growth for Singapore and BII are in local currency
Slide 36: Thank you for your trust in us
Thank you for your trust in us 51 Total Assets RM412 billion Profit After Tax Years Of Growth RM4.45 billion Human Capital 42,000 Maybankers Worldwide Global Network 2,100 Offices in 17 Countries Customers > 21 million Customers Public Ownership > 10.5 million Unit Holders
Slide 37: Thank You
Thank You
Malayan Banking Berhad (Maybank) — Shareholder Meeting (September 2011) on 6ix