Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — FY2015 Earnings Presentation
71 slides from Malayan Banking Bhd's earnings presentation, Feb 25, 2016
Slide 1: Investor Presentation: Financial Results 4Q & FY2015
Humanising Financial Services Investor Presentation Financial Results 4Q & Full Year FY2015 ended 31 December 2015 25 February 2016 www.maybank.com 0
Slide 2: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 1 Results: 4Q FY2015 & Full Y
Slide 3: Overview: FY2015 guidance revision
Overview Maybank Group revised FY2015 guidance at mid-year due to less certainty in economic outlook Initial FY2015 Prolonged softness in macroeconomic Revised FY2015 Guidance indicators for 2015 Guidance Continued softness in commodity prices ROE 13% - 14% 12% - 13% Weakening MYR vs USD Slowi
Slide 4: FY2015 Performance Update
FY2015 Performance Update Full year revenue growth of 14.6% YoY to RM21.24 billion with net profit of RM6.84 billion 1 • Group GIL at 1.86% as at Dec 2015 Asset Quality 2 • Higher net fund based income of 15.3% YoY as: o Group loans grew 12.0% led by retail franchise growth o Stable net interest mar
Slide 5: FY2015 Key Performance Indicators Review
FY2015 Key Performance Indicators Review Full year achievements reflect Group’s proactive balance sheet management FY2015 Annualised Key Performance Indicators FY2015 Achievement Guidance 1H FY2015 2H FY2015 Headline KPI Return on Equity (reported) 12.0%-13.0% 12.1% 12.6% 12.2% Other Guidance Group
Slide 6: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 5 Results: 4Q FY2015 & Full Y
Slide 7: Franchise-Led Growth
Franchise-Led Growth FY2015 net profit of RM6.84 billion underpinned by strong income growth and better cost management More details RM million FY2015 FY2014 YoY on s.8 Net fund based income * 14,545.0 12,616.0 15.3% s.11 & 29 Net fee based income * 6,692.8 5,914.6 13.2% s.7 Net operating income 21,
Slide 8: Franchise-Led Growth: Net Operating Income
Franchise-Led Growth Higher net operating income of 14.6% YoY, supported by growth and stable performance in business pillars Net Operating Income FY2014 +14.6% FY2015 Global Banking (GB) +3.3% 21,238 18,531 +8.9% +4.0% +5.8% -1.0% +9.9% +14.3% -2.0% RM million 7,515 8,180 5,677 6,487 2,382 2,478 1,
Slide 9: Franchise-Led Growth: Net Fund Based Income
Franchise-Led Growth Higher net fund based income of 15.3% YoY, driven by International Banking and Community Financial Services Net Fund Based Income FY2014 +15.3% FY2015 Global Banking (GB) +15.5% 14,545 12,616 +8.0% +13.9% +14.7% +37.8% -167.1% +29.9% -3.7% RM million 5,794 6,258 5,238 4,032 1,57
Slide 10: Group loans and RWA growth
Franchise-Led Growth Group loans grew 12.0% YoY on stronger international markets growth with managed credit RWA growth of 6.8% YoY Group Gross Loans Total Group RWA Group Credit RWA +12.0% +5.8% +6.8% +13.4% +14.3% +13.4% 459.8 373.3 410.5 352.9 327.2 306.2 361.8 308.7 201.2 270.0 165.2 136.8 RM bi
Slide 11: CFS Loan Growth by market
Franchise-Led Growth Group gross loans growth supported by strength of Community Financial Services franchise in home markets CFS Loan Growth Malaysia Singapore Indonesia +8.2% +36.6%¹ +9.9% 182.7 20.2 92.4 168.8 84.1 14.8 Rupiah trillion SGD billion RM billion Dec 14 Dec 15 Dec 14 Dec 15 Dec 14 Dec
Slide 12: Net fee based income growth
Franchise-Led Growth Net fee based income grew 13.2% YoY, on higher net earned insurance premiums and other operating income +13.2% (10.7)% 1 6,693 Higher net earned insurance premiums of RM251 million YoY to 6,622 RM4.20 billion 5,915 2 Increased other operating income of RM233 million YoY to RM5.7
Slide 13: Group deposit growth
Franchise-Led Growth Group deposit growth of 12.8% YoY on the back of strong franchise presence in home markets Group Gross Deposits Malaysia Singapore Indonesia +12.8% +11.1% +5.0% +10.2% +12.8% 495.8 +7.4% (4.4)% 439.6 292.2 +16.5% 43.6 115.9 395.6 278.3 107.5 259.1 39.6 102.8 34.0 Rupiah trillion
Slide 14: Franchise-Led Growth & Improved Liquidity
Franchise-Led Growth & Improved Liquidity Lower Group LDR QoQ, on improved LDR performance in all home markets Group LDR CASA Malaysia 89.5% 91.5% 90.8% 92.0% 91.0%* 91.8% 92.2% 94.2% 95.3% 91.5%* 39.9% 41.2% 39.6% 41.1% 37.1% 35.3% 35.4% 34.9% 35.3% 33.7% Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 Dec 14 M
Slide 15: Net Interest Margin
Franchise-Led Growth Stable YoY NIM at 2.31%, on balanced loan and deposit growth strategy Net Interest Margin QoQ Trend 2.38 2.28 2.29 2.26 2.20 YoY Trend 4Q '14 1Q '15 2Q '15 3Q '15 4Q '15 2.53 2.48 2.43 2.31 2.31 CY2011 FY2012 FY2013 FY2014 FY2015 14
Slide 16: Strategic Cost Management: Overheads
Strategic Cost Management Positive JAW position as overheads growth of 12.9% YoY was below income growth of 14.6% YoY Group overheads composition (RM’ mil) FY2015 FY2014 YoY Personnel Costs 5,765.1 5,019.3 14.9% IT Expenses 660.0 545.9 20.9% Establishment Costs 1,061.1 1,040.4 2.0% Marketing Expense
Slide 17: Strategic Cost Management: Cost to Income Ratio
Strategic Cost Management Group CIR maintained below internal threshold of under 50% over the last five years Cost to Income Ratio YoY Trend 49.9 <50.0% 48.9 48.6 48.2 47.8 CY2011 FY2012 FY2013 FY2014 FY2015 16
Slide 18: Asset Quality: Group GIL
Asset Quality Group GIL increased to 1.86% as at Dec 2015 Allowance for losses on loans Group Impaired Loans Ratio 95.6% 93.5% 1.86 83.4% 85.4% 72.0%* 1.65 1.56 1.54 1,683.6 1.52 1.52 1.50 1.48 1.50 1.38 1.13 1.15 1.14 0.99 1.04 1.06 667.9 0.95 0.97 (RM million) 466.7 400.4 248.0 300.9 (34.6) 4Q 1Q
Slide 19: Asset Quality by Market
Asset Quality by Market Slight uptick in asset quality for Malaysia and Singapore Malaysia Singapore Indonesia Gross Impaired Loans Ratio (%) Net Impaired Loans Ratio (%) 4.50 4.54 4.15* 1.85 1.75 1.62 1.63 1.76 0.45 3.24 3.49 0.41 0.41 0.23 0.30 2.63 2.78 3.55 3.36 3.25* 1.25 1.23 1.18 1.25 1.36 0.
Slide 20: Asset Quality for Malaysia
Asset Quality for Malaysia GIL ratios for consumer and business portfolios below industry, except for Business Banking Consumer Mortgage Auto Finance Credit Cards 1.0% 1.3% 1.2% 0.8% 0.7% 0.6% 0.5% 0.5% 0.5% Dec-14 Dec-15 Industry Dec-14 Dec-15 Industry Dec-14 Dec-15 Industry Business SME Business B
Slide 21: Stable Capital Position
Stable Capital Position Total capital ratio at 17.49% (assuming 85% dividend reinvestment rate) and CET1 at 12.53% After proposed After proposed Before dividend, dividend, based on After proposed proposed assuming 85% BNM’s dividend & dividend reinvestment Implementation reinvestment ** rate Guideli
Slide 22: Dividend
Dividend Total dividend of 54 sen per share for FY2015, with a stable dividend yield of 6.4% Gross Dividend (sen) and Payout Ratio (%) Dividend 76.5% 79.9% 78.5% Payout Ratio 76.3% 74.9% 74.7% 71.9% 61.0% 65.0 60.0 57.0 55.0 53.5 54.0 33 # 32 36.0 85.7%* 33 Final 31 30 44 86.1%* 82.6%* Interim 85.9%
Slide 23: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 22 Results: 4Q FY2015 & Full
Slide 24: Market Outlook
Market Outlook 2016 outlook for our home markets Key Indicators Outlook • GDP (f) 4.3% (2015: 5.0%) • Slowdown in household loan growth to 6.1% (2015: 7.7%) • System loan (f) 6.5% and moderation in non-household to 7% (2015: 8%) • OPR(f) 3.00%-3.25% (2015: 3.25%) • Competition for deposits to remain
Slide 25: Maybank Group Guidance for FY2016
Maybank Group Guidance for FY2016 • Remain focused on selective asset growth in line with capital position • Manage liquidity effectively through high-quality liquid assets • Improve productivity and manage discretionary spend • Downside risks include further global macroeconomic headwinds • Credit
Slide 26: 5-Year Strategic Objectives ended FY2015
Maybank’s 5-Year Strategic Objectives ended FY2015 Delivering the Vision 1 2 3 Leading ASEAN wholesale bank, Undisputed No. 1 Retail Undisputed Insurance & Takaful eventually expanding further Financial Service provider in leader in Malaysia & emerging into the Middle East, China and Malaysia by 201
Slide 27: Maybank 2020 Vision
Maybank 2020 Vision Advancing Asia’s Ambitions With You • With a presence in all ASEAN countries, our strategy remains ASEAN-centric • Combined ASEAN population of 660 million, with opportunities to serve under-banked population • AEC offers trade and capital raising opportunities within ASEAN and b
Slide 28: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 27 Results: 4Q FY2015 & Full
Slide 29: Income Statement for Insurance and Takaful Business: FY2015
Unaudited Income Statement for Insurance and Takaful Business: FY2015 RM million FY2015 FY2014 YoY Interest income 929.5 969.8 (4.2)% Interest expense (34.2) (28.7) 19.3% Net interest income 895.3 941.1 (4.9)% Net earned premiums 4,196.7 3,946.1 6.4% Other operating income 327.9 721.6 (54.6)% Total
Slide 30: Net Fee Based Income: FY2015
Net Fee Based Income: FY2015 RM million FY2015 FY2014 YoY Commission, service charges and fees 3,821 3,711 3.0% Investment & Trading Income 842 1,012 (16.8)% Unrealised gain/ (losses) on securities & derivatives (507) (57) 783.6% Foreign Exchange Profit 1,071 588 82.3% Other Income 545 287
Slide 31: International & Malaysia Portfolio Mix FY2015
International & Malaysia Portfolio Mix FY2015 Net Income Profit Before Tax Gross loans* FY 2015 6.0% 7.5% 3.7% 10.2% 13.0% 7.9% 15.8% RM21.2 bil RM9.2bil RM459.8 bil 16.7% 56.4% 64.2% 25.5% 73.0% Overseas: Overseas: Overseas: 35.8% 27.0% 43.6% Malaysia Singapore Indonesia Others FY 2014 7.4% 9.4% 11
Slide 32: Group Gross Loans Growth: Dec 2015
Group Gross Loans Growth: 31 Dec 2015 % of Portfolio 31 Dec 2015 31 Dec 2014 YoY Group Gross Loans¹ 459.8 410.5 12.0% Malaysia (RM billion) ² 56% 256.5 243.6 5.3% Community Financial Services 71% 182.7 168.8 8.2% Global Banking 29% 73.8 74.8 (1.4)% International (RM billion) 43% 196.2 162.4 20.8% Si
Slide 33: Malaysia Loans Growth: Dec 2015
Malaysia Loans Growth: 31 Dec 2015 RM billion % of Portfolio 31 Dec 2015 31 Dec 2014 YoY Community Financial Services 71% 182.7 168.8 8.2% Consumer 80% 146.9 135.7 8.2% Total Mortgage 47% 69.2 60.9 13.7% Auto Finance 28% 40.8 38.6 5.7% Credit Cards 4% 6.4 5.8 9.6% Unit Trust 19% 28.1 28.3 (0.6)% Oth
Slide 34: Group Gross Deposits Growth: Dec 2015
Group Gross Deposits Growth: 31 Dec 2015 % of Portfolio 31 Dec 2015 31 Dec 2014 YoY Group Gross Deposits 495.8 439.6 12.8% Malaysia (RM billion) 59% 292.2 278.3 5.0% Savings Deposits 14% 40.0 38.5 4.0% Current Accounts 25% 74.2 72.8 1.9% Fixed Deposits 56% 163.0 140.8 15.8% Others 5% 15.0 26.2 (42.9
Slide 35: Key Operating Ratios: FY2015
Key Operating Ratios: FY2015 (%) FY 2015 FY 2014 YoY FY 2013 FY 2012 Return on Equity 12.2 13.8 (1.6)% 15.1 16.0 Net Interest Margin 2.31 2.31 0 bps 2.43 2.48 Fee to Income Ratio 31.5 31.9 (0.4)% 35.7 34.4 Loans-to-Deposit Ratio 91.5 91.8 (0.3)% 89.9 89.8 Cost to Income Ratio¹ 48.2 48.9 (0.7)% 47.8
Slide 36: P&L Summary: QoQ
P&L Summary: QoQ 1Q 2Q 3Q 4Q 4Q RM million QoQ YoY FY2015 FY2015 FY2015 FY2015 FY2014 Net fund based income 3,415.4 3,543.3 3,812.9 3,773.5 (1.0)% 3,137.5 20.3% Net fee based income 1,572.1 1,345.1 1,934.3 1,841.2 (4.8)% 1,941.0 (5.1)% Fee based income and net earned 2,669.9 2,349.6 2,542.6 2,915.1
Slide 37: Income Statement for Insurance and Takaful Business: QoQ
Unaudited Income Statement for Insurance and Takaful Business: QoQ 1Q 2Q 3Q 4Q 4Q RM million QoQ YoY FY2015 FY2015 FY2015 FY2015 FY2014 Interest income 236.5 234.4 221.2 237.4 7.3% 246.1 (3.5)% Interest expense (8.4) (8.5) (8.6) (8.6) 0.0% (8.6) 0.0% Net interest income 228.1 225.9 212.5 228.8 7.6%
Slide 38: Net Fee Based Income: QoQ
Net Fee Based Income: QoQ 1Q 2Q 3Q 4Q RM million QoQ FY2015 FY2015 FY2015 FY2015 Commission, service charges and fees 937 946 868 1,069 23.1% Investment & Trading Income 238 233 265 106 (59.9)% Unrealised gain/ (losses) on securities & derivatives (91) (176) (489) 249 (151.0)% Foreign Exchange
Slide 39: Overheads: QoQ
Overheads: QoQ Group overheads composition 1Q 2Q 3Q 4Q 4Q (RM’ mil) QoQ YoY FY2015 FY2015 FY2015 FY2015 FY2014 Personnel Costs 1,419.3 1,373.4 1,385.8 1,586.7 14.5% 1,351.8 17.4% IT Expenses 99.4 117.4 230.4 212.8 (7.6)% 169.4 25.6% Establishment Costs 279.0 242.1 243.1 297.0 22.2% 280.1 6.0% Market
Slide 40: Group Gross Loans: QoQ
Group Gross Loans: QoQ 31 Mar 2015 30 Jun 2015 30 Sep 2015 31 Dec 2015 QoQ Group Gross Loans¹ 419.0 433.3 465.3 459.8 (1.2)% Malaysia (RM billion) ² 245.9 248.8 255.3 256.5 0.5% Community Financial Services 171.8 175.3 179.1 182.7 2.0% Global Banking 74.1 73.4 76.1 73.8 (3.1)% International (RM bill
Slide 41: Malaysia Gross Loans: QoQ
Malaysia Gross Loans: QoQ RM billion 31 Mar 2015 30 Jun 2015 30 Sep 2015 31 Dec 2015 QoQ Community Financial Services 171.8 175.3 179.1 182.7 2.0% Consumer 138.9 141.4 144.0 146.9 2.0% Total Mortgage 62.8 65.1 67.1 69.2 3.2% Auto Finance 39.7 40.4 40.8 40.8 (0.1)% Credit Cards 6.0 6.0 6.0 6.4 6.0% U
Slide 42: Group Gross Deposit: QoQ
Group Gross Deposit: QoQ 31 Mar 2015 30 Jun 2015 30 Sep 2015 31 Dec 2015 QoQ Group Gross Deposits 447.1 453.5 481.0 495.8 3.1% Malaysia (RM billion) 278.6 285.4 286.9 292.2 1.9% Savings Deposits 39.7 40.3 40.3 40.0 (0.8)% Current Accounts 74.9 72.5 77.5 74.2 (4.4)% Fixed Deposits 143.6 155.2 154.1 1
Slide 43: Key Operating Ratios: QoQ
Key Operating Ratios: QoQ 1Q 2Q 3Q 4Q Variance 4Q Variance (%) FY2015 FY2015 FY2015 FY2015 QoQ FY2014 YoY Return on Equity 12.8 11.7 13.6 11.8 (1.8)% 15.9 (4.1)% Net Interest Margin 2.26 2.28 2.38 2.29 (9) bps 2.20 9 bps Fee to Income Ratio 31.5 27.5 33.7 32.8 (0.9)% 38.2 (5.4)% Loans-to-Deposit Rat
Slide 44: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 43 Results: 4Q FY2015 & Full
Slide 45: Community Financial Services: Market Share as at Dec 2015
Community Financial Services: Market Share as at Dec 2015 Sep-15 Market Market Share Dec-13 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 vs Position Dec-15 Loans Total Consumer / Household 17.2% 17.4% 17.4% 17.4% 17.5% 17.5% 0.0 2 Auto (Purchase of Transport Vehicles) 21.5% 23.0% 23.4% 23.6% 23.7% 23.7% 0.0 2
Slide 46: CFS: Overview of Malaysia Loans Portfolio
Community Financial Services: Overview of Malaysia Loans Portfolio HNW & Affluent Customer TFA grew 12.8% YoY through Consumer Loans grew 8.2% YoY to RM146.9 billion improved product cross sell 169.6 170.0 8.00 148.0 146.9 161.1 146.0 157.4 144.0 7.50 144.0 153.5 150.4 142.0 141.4 7.20 140.0 138.9 7
Slide 47: CFS: Overview of Malaysia Deposits Portfolio
Community Financial Services: Overview of Malaysia Deposits Portfolio CFS Deposits grew 10.5% YoY led by Consumer and SME Consumer Deposits grew 9.7% YoY contributed by growth portfolios in FD at 14.1% and CASA at 4.5% 130.0 206.3 128.2 198.8 125.0 123.9 121.5 192.4 190.0 120.0 119.4 186.6 116.9 RM
Slide 48: CFS: Overview of Malaysia Asset Quality
Community Financial Services: Overview of CFS Malaysia Asset Quality CFS GIL remained stable at 1.9% Stable consumer GIL while Business Banking GIL saw slight 4,500 increase 4,000 3,457 3,422 Industry 3,500 3,334 3,285 GIL % Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q4 2015 3,109 3,000 CFS 2.0 1.9 1.8
Slide 49: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 48 Results: 4Q FY2015 & Full
Slide 50: Global Banking: Overview of Corporate Banking Portfolio
Global Banking: Overview of Corporate Banking Portfolio Total GB loans declined by 1.4% YoY from RM74.8 billion Trade Finance market share ¹ to RM73.8 billion 25.8% RM billion 25.3% 32.5 -7.2% 25.0% 24.9% YoY Term Loan 34.4 24.6% 35.0 39.4 +5.2% Dec 14 Mar 15 Jun 15 Sep 15 Dec 15 YoY Trade Finance 3
Slide 51: Global Banking: Overview of Global Markets Portfolio
Global Banking: Overview of Global Markets Portfolio Global Markets revenue grew 6.5% YoY Group Securities Portfolio grew 6.9% YoY Revenue Profit before Tax +6.9% +6.5% +2.2% 108.8 112.2 111.8 104.6 103.8 11.6 10.3 2,776.7 2,234.6 9.2 10.3 14.6 2,608.3 44.5 48.9 47.6 2,186.9 45.5 46.6 1,212.5 1,405.
Slide 52: Global Banking: Overview of Investment Banking Portfolio
Global Banking: Overview of Investment Banking Portfolio FY2015 Total Income (RM’Mil) Investment Banking & Advisory Regional Deal Value (USD’mil) Others CIMB 6.5% 16,250 Hong Kong 4% 6% Citi 5.7% 14,286 Phillipines 4% Maybank 5.6% 14,113 Indonesia Malaysia HSBC 5.5% 13,859 1% 29% DBS 5.4% 13,527 BoA
Slide 53: Global Banking: Top Notable Deals for FY2015
Global Banking: Top 10 Notable Deals for FY2015 Malaysia Thailand Malaysia Turkey Singapore Hong Leong Financial Frasers Centrepoint Sime Darby Bhd Platinum Group Malaysia Airport Holdings Limited Group Bhd MYR 6.4 billion THB 5.2 billion MYR 3 billion MYR 1.3 billion SGD 700 million Perpetual Capit
Slide 54: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 53 Results: 4Q FY2015 & Full
Slide 55: Maybank Singapore: P&L Summary
Maybank Singapore: P&L Summary (SGD mil) FY2015 FY2014 YoY Net Fund Based income 580.31 511.74 13.4% Net Fee Based income 249.97 283.08 (11.7)% Net income 830.28 794.82 4.5% Overhead expenses (350.89) (339.74) 3.3% Operating profit 479.39 455.08 5.3% Profit before taxation 400.63 432.73 (7.4)% • Low
Slide 56: Maybank Singapore: Overview of Loans Portfolio
Maybank Singapore: Overview of Loans Portfolio Diversified Loan Portfolio +6.0% YoY As at 31 December 2015, total loans rose by 6.0% Other to SGD37.2 billion. 35.0 37.2 (Consumer) Consumer loans expanded by 21.2% to SGD14.8 2.6 3.4 Car Loan 2.1 1.8 billion, supported by growth in both housing an
Slide 57: Maybank Singapore: Overview of Deposits Portfolio
Maybank Singapore: Overview of Deposits Portfolio Consumer deposits account for 55% of our deposits Time deposits expanded by 15.3% YoY but CASA was lower by 6.0% +10.2% YoY 39.6 43.6 Consumer - Time Deposits Time Deposits 17.6 19.0 Consumer SGD billion 29.7 34.3 SGD billion 55% Consumer CASA 4.8 De
Slide 58: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 57 Results: 4Q FY2015 & Full
Slide 59: Maybank Indonesia: P&L Summary
Maybank Indonesia: P&L Summary (IDR bil) FY2015 FY2014 YoY 4Q FY2015 3Q FY2015 QoQ Net Fund Based income 6,488 5,932 9.4% 1,704 1,696 0.5% Net Fee Based income 2,728 1,938 40.8% 1,124 523 114.8% Net income 9,217 7,870 17.1% 2,828 2,219 27.4% Overhead expenses (5,361) (4,988) 7.5% (1,251) (1,343) (6.
Slide 60: Maybank Indonesia: Portfolio Overview
Maybank Indonesia: Portfolio Overview Loans composition (Consolidated) Net Interest Margin (Consolidated) IDR Trillion 6% YoY 106.3 112.5 102.0 0.08% YoY 35.8 41.5 45.2 4.94% 4.84% 4.76% 35.3 40.8 45.9 30.9 24.0 21.5 Dec-13 Dec-14 Dec-15 Dec-13 Dec-14 Dec-15 Global Banking Business Banking Retail Ba
Slide 61: Maybank Indonesia: Overview of Maybank Finance Operations
Maybank Indonesia: Overview of Maybank Finance Operations Revenue and Profit Before Tax Consumer Financing IDR billion IDR billion 7.4% 18.5% Asset Quality Unit Financing (unit) 3.0% 1.5% 20.3% 53.0% 60
Slide 62: Maybank Indonesia: Overview of WOM Finance Operations
Maybank Indonesia: Overview of WOM Finance Operations Revenue and Profit Before Tax Consumer Financing IDR billion IDR billion 11.3% 15.3% Asset Quality Unit Financing (‘000 unit) 5.0% 19.6% 32.2% 61
Slide 63: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 62 Results: 4Q FY2015 & Full
Slide 64: Islamic Banking: Performance Overview
Islamic Banking: Performance Overview Group Islamic Banking Financial Performance Maybank Islamic Berhad: Financial Performance Maybank Islamic's Maybank Islamic's CAGR Profit Before Tax CAGR Total Income 18.1% (RM mil) 18.6% RM million FY2015 FY2014 YoY (RM mil) 1,638 3,030 1,558 Total Income 3
Slide 65: Islamic Banking: Market Share as at Dec 2015
Islamic Banking: Market Share as at Dec 2015 Maybank Islamic Market Share (Malaysia) Maybank Islamic contribution to Maybank Malaysia Loans and Financing as at December 2015 32.7% 33.0% 33.4% 33.6% 33.5% Key Dec 15 Dec 14 Products Automobile Year Contribution 42.2% 39.7% Financing Maybank Islamic, 2
Slide 66: Insurance and Takaful: Performance Overview
Insurance and Takaful: Performance Overview Gross Premium Life / Family (New Business) Market Share Single Premium -68.9% AIA Ins. & Tak. 19.2% Regular Premium +14.0% Prudential Ins. & Tak. 16.0% No. 4 in Life/Family Credit Premium +9.5% GE Ins. & Tak. 14.0% (New Business) FY2015 Group Premium -
Slide 67: Maybank Philippines: Performance Overview
Maybank Philippines: Performance Overview Key Highlights Revenue and PBT Revenue increased by 17.9% YoY, led by higher net +17.9% YoY interest income (NII) and fee income. The increase in NII was due to higher loan yields and 4,958.4 lower funding cost. Fee income growth was 4,206.3 supported by
Slide 68: Table of Contents
Table of Contents Executive Summary 2 Results Overview 6 Prospects & Outlook 23 Appendix : 1. Financial Performance 28 2. Community Financial Services 44 3. Global Banking 49 4. Maybank Singapore 54 5. Maybank Indonesia 58 6. Other Segments 63 7. Affiliates 68 Financial 67 Results: 4Q FY2015 & Full
Slide 69: An Binh Bank: Performance Overview
An Binh Bank: Performance Overview Key Highlights Revenue and PBT Revenue grew by 18.1% YoY or VND300.1 bil, as fee income and net interest income improved by 52.6% +18.1% YoY and 13.6% respectively. 1,958.9 PBT rose by 193.2% YoY or VND258.1 bil as revenue 1,658.8 improved while overheads and l
Slide 70: MCB Bank: Performance Overview
MCB Bank: Performance Overview Key Highlights Revenue and PBT Revenue increased by 17.0% YoY while PBT improved +17.0% YoY by 14.4% YoY, in tandem with revenue growth. 66.6 Net interest income grew by 13.6% YoY due to higher 56.9 interest income and lower interest expense. +14.4% YoY 42.8 Revenu
Slide 71: Malayan Banking Berhad: Investor Relations Contact
Humanising Financial Services MALAYAN BANKING BERHAD 14th Floor, Menara Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur, Malaysia Tel : (6)03-2070 8833 www.maybank.com Investor Relations Contact Dato’ Mohamed Rafique Merican Group Chief Financial Officer Contact: (6)03-2074 7878 Email: rafique@mayba
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