Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — FY2012 Earnings Presentation
73 slides from Malayan Banking Bhd's earnings presentation, Feb 21, 2013
Slide 1: Investor Presentation: Financial Results Q4 & FY2012
Investor Presentation Financial Results Fourth Quarter & Full Year FY2012 21 February 2013 www.maybank.com 0
Slide 2: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 1Financial Res
Slide 3: Maybank delivers on profitable and responsible growth strategy in 2012
Maybank delivers on profitable and responsible growth strategy in 2012 ● Maybank records net profit of RM 5.7 billion, an increase of 17.6% YoY (FY2011: 16.6%) ● Superior shareholder value creation with ROE of 16.0% exceeding headline KPI of 15.6% ● Strengthened its domestic leadership with loans gr
Slide 4: Growth across domestic & regional operations with double-digit performance
Growth across domestic & regional operations with double-digit performance across key financials FY2012 CY2011 % YoY RM bil RM bil PATAMI 5.74 4.88 +17.6% PBT 7.89 6.88 +14.8% Domestic 5.51 5.24 +5.2% International 2.38 1.64 +45.4% Net Income 16.60 14.82 +12.0% Net Fund Based 10.18 9.19 +10.8% Incom
Slide 5: In line with targets & ahead of industry in Malaysia and Singapore
Despite pressures domestically & internationally, we were in line with targets & ahead of industry in Malaysia and Singapore Key Performance Indicators FY2012 Maybank Industry Peer Average Targets Achievement Average (Based on YTD 3Q FY2012) Headline KPIs Peer Return on Equity* 15.6% 16.0% - 15.7% L
Slide 6: Our operating ratios reflect the improving fundamentals
Our operating ratios reflect on the improving fundamentals (%) FY2012 CY2011 Variance FP11 FY10/11 Net Interest Margins 2.41 2.53 (FP11) (12 bps) 2.53 2.56 Return on Equity 16.0 15.7 +30 bps 16.2 15.2 Fee to Income Ratio 38.7 38.0 +70 bps 37.6 36.6 Loans-to-Deposit Ratio 89.6 87.5 +210 bps 87.5 90.1
Slide 7: International PBT up 45% YoY
With a footprint across ASEAN and expansion of business capabilities, our international PBT was up 45% YoY PBT Contribution by Market PBT growth by markets (%) FY2011 Jun - CY2011** Dec - FY2012 Dec - Malaysia FY2010 Jun FY2011 Jun CY2011 Dec Singapore Malaysia 15.3% 10.2% 5.2% Indonesia Singapore 8
Slide 8: Consumer market share growth and opportunities
In the consumer market, we saw consistent market share growth & still see opportunities for growth Strategic Objective 1: Undisputed No. 1 Retail Financial Services provider in Malaysia by 2015 Dec-09 Dec-10 Dec-11 Dec-12 MBB Rank Loans Total Consumer/Household 15.7% 16.0% 16.4% 17.0% 2 Auto (Purcha
Slide 9: GWB gained industry recognition with Maybank Kim Eng key deals
GWB gained significant industry recognition with Maybank Kim Eng having lead role in key deals Strategic Objective 2: Leading ASEAN wholesale bank eventually expanding to Middle East, China & India Malaysia League Table – Mergers & Acquisitions NOTABLE DEALS COMPLETED FROM JAN – DEC 2012 2012 2011 2
Slide 10: No.1 ranking in life & family and general takaful market share
We continue to hold the no.1 ranking in life & family and general & general takaful market share Strategic Objective 3: Undisputed Insurance & Takaful Leader in Malaysia and Emerging Regional Player Insurance & Takaful - Life & Family Takaful – General & General Takaful - Market Share Market Share M
Slide 11: International PBT contribution increases to 30% in FY2012
International PBT contribution increases from 24% CY2011 to 30% in FY2012, with a total PBT of RM7.89bil Strategic Objective 4: Truly regional organisation, with ~40% of pre-tax profit derived from international operations by 2015 FY2012 Revenue Profit Before Tax Gross loans* (Jan 12 – Dec12) Intern
Slide 12: Maybank Islamic surpasses RM1.0 bil PBT mark
Maybank Islamic surpasses RM1.0 bil PBT mark and is among the top 3 underwriters in the Global Islamic Bond market Strategic Objective 5: Global leader in Islamic Finance Maybank Islamic PBT Maybank Islamic Contribution to MBB Domestic – Financing as at December 2012 1,400.0 1,190.1 Maybank Islamic
Slide 13: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 14: Group Performance: Record PATAMI of RM 5.74 billion
Group Performance: Record PATAMI of RM 5.74 billion, delivering EPS of 72.7 sen (RM‟ mil) 12M FY12 12M CY11 YoY 4QFY12 2QFP11 YoY Net interest income 8,480.7 7,624.4 +11.2% 2,194.9 2,152.7 +2.0% Net Fund based income (Islamic Banking) 1,699.4 1,560.9 +8.9% 396.4 427.0 (7.2%) Net Fund Based income 10
Slide 15: First-time adoption of MFRS and changes in accounting policies
First-time adoption of Malaysian Financial Reporting Standards ("MFRS") and changes in accounting policies The Group‟s and the Bank's opening statements of financial position was prepared as at 1 July 2011, being the Group‟s and the Bank's date of transition to MFRS. The key changes from the adoptio
Slide 16: All sectors saw positive operating profit & higher revenue growth
All sectors saw positive operating profit & higher revenue growth +32.9% (excluding +12.0% CY 2011 FY 2012 reclass) Global Wholesale Banking (GWB) +34.8% 13.6% (normalised) +5.1% (including Revenue (RM million) 16,603 14.7% (based on Gross 14,819 reclass) Written Premium) +3.7% +54.3% +10.7% +44.0%
Slide 17: Group revenue strengthened with fee-based and fund-based income growth
Group revenue strengthened in line with a 14.0% increase in fee-based income and 10.8% in fund-based income Net Fund Based Income rose 10.8% +16.5% (excluding CY 2011 FY 2012 Global Wholesale Banking (GWB) +19.7% reclass) +10.8% +4.5% (including 10,180 reclass) 9,185 +3.1% +48.3% -10.7% -21.1% +16.5
Slide 18: Revenue increased by 12.0% YoY to RM 16.6 billion
Revenue increased by 12.0% YoY to RM 16.6 billion Revenue contribution by country Singapore , Singapore, International: 14.8% International: 11.0% 35.8% 30.5% Indonesia, FY2012 Indonesia , 15.2% 15.4% CY2011 RM 16.6 RM 14.8 Malaysia , 64.2% bil Malaysia, bil Other Other international , 69.6% Interna
Slide 19: Non-Fund Based Income increased by 14.0% YoY to RM6.4 billion
Non-Fund Based Income increased by 14.0% YoY to RM6.4 billion* +72.2% 5,274 4,500 +19.2% RM million 3,585 3,007 -3.7% (normalised) +48.0% +123.7% -16.4% -4.3% -23.8% +78.7% 856 652 497 633 761 636 428 412 394 278 -108 26 Total non- Commission, Investment & Unrealised Foreign Exchange Other Income Ne
Slide 20: Group Fee-based Income from 2010 to 2012
Group Fee-based Income from 2010 to 2012 Fee to income FY2010 FY2011 CY2011 FY2012 ratio 34.5 36.6 38.0 38.7 Fee income from Islamic Operations 5,194 4,937 5,634 6,423 7,000 Net income from Insurance & Takaful RM million 6,000 Business Other Income 5,000 4,000 Foreign Exchange profit 3,000 2,000 Unr
Slide 21: Positive Jaws with overheads up 9.4% against revenue growth of 12.0%
“Positive Jaws” with overheads increasing 9.4% YoY against revenue growth of 12.0% YoY Positive Jaws FY2011 FY2012 YoY Income Growth (%) 8.9% 12.0% YoY Overhead Growth (%) 14.2% 9.4% JAWS (5.3%) +2.6% Group overheads composition YoY QoQ (RM‟ mil) 12M FY12 12M CY11 YoY 1QFY12 2QFY12 3Q FY12 4QFY12 Qo
Slide 22: Group Gross Loans increased by 12.2% YoY
Group Gross Loans increased by 12.2% YoY with international loans growth of 12.9%, slightly ahead of domestic at 11.8% Dec 12 Dec 11 YoY 3Q FY12 QoQ Group Gross Loans * 317.3 282.8 +12.2% 304.8 +4.1% Malaysia (RM billion)** 199.8 178.6 +11.8% 195.2 +2.3% Community Financial Services 135.4 120.7 +12.
Slide 23: Domestic Gross Loans increased 11.8% YoY
Domestic Gross Loans increased 11.8% YoY with robust growth in consumer, SME and corporate loans RM billion Dec 12 Dec 11 YoY 3Q FY12 QoQ Community Financial 135.4 120.7 +12.2% 132.0 +2.6% Services Consumer 108.3 94.9 +14.1% 104.5 +3.6% Total Mortgage 48.5 42.1 +15.2% 46.9 +3.4% Auto Finance 31.2 27
Slide 24: Group gross deposit increases 10.3%
Group gross deposit increases 10.3%, with international growing faster at 14.0% Dec 12 Dec 11 YoY 3Q FY12 QoQ Group Gross Deposits* 347.2 314.7 10.3% 330.5 5.0% Malaysia (RM billion) 227.3 209.5 8.5% 217.1 4.7% Savings Deposits 35.5 32.9 8.0% 34.6 2.7% Current Accounts 56.9 47.5 19.6% 52.2 8.9% Fixe
Slide 25: Stable Group LDR of 89.6% and CASA ratio of 35.1%
Stable Group LDR of 89.6% and CASA ratio strengthens to 35.1% Group Malaysia 88.8% 88.9% 87.7% 82.6% 83.9% 81.6% 88.0% 86.3% 86.8% 88.4% 90.1% 87.5% 87.2% 86.9% 90.0% 89.6% 43.9% 43.6% 41.6% 38.4% 39.3% 37.2% 40.2% 40.7% 37.0% 37.3% 36.3% 33.6% 33.6% 33.1% 34.6% 35.1% Jun 10 Dec 10 Jun 11 Dec 11 Mar
Slide 26: Asset quality continues to show significant improvements
Asset quality continues to show significant improvements Allowance for losses on loans Group Impaired Loans Ratio Allowance for losses on loans Loans loss coverage Net Impaired Loan Ratio Gross impaired loan ratio 4.60%4.67% 800 104.2% 104.7% 105.6% 105.6% 110 4.20% 94.5% 700 86.9% 86.9% 642.7 90 3.
Slide 27: All markets recorded YoY improvements in asset quality
All markets recorded YoY improvements in asset quality Malaysia Singapore BII GIL Ratio GIL Ratio GIL Ratio 4.15 3.93 NIL Ratio NIL Ratio 4.03 * NIL Ratio 3.82 0.62 3.51 0.53 0.53 0.53 2.89 0.46 0.47 0.45 2.70 2.62 2.87 2.29 2.43 2.24 2.74 * 2.25 2.15 2.18 2.10 0.33 0.32 0.32 2.09 1.99 0.31 2.00 0.2
Slide 28: Capital Adequacy remained strong
Capital Adequacy remained strong with DRP and RWA optimisation and following equity placement Assuming 85% Full Full reinvestment electable electable rate portion portion paid reinvested in cash 16.62% 17.24% 17.35% 12.81% 13.43% 13.54% 10.34% 10.96% 11.07% 31 Dec 12 31 Dec 12 31 Dec 12 Common Equit
Slide 29: The Group's payout ratio remains at 75%
The Group‟s payout ratio remains at 75% The Board has recommended a gross final dividend of 33 sen per share less 25% tax which will consist of 4 sen cash portion and 29 sen electable portion for the Dividend Reinvestment Plan. This continues Maybank‟s trend of declaring high dividend yield amon
Slide 30: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 31: Macro Environment: Malaysia
Macro Environment: Malaysia Economic Outlook Banking Outlook GDP in 2013 expected to remain strong above 5.0% (2012 Resilient household loan demand of 5.6%) due to sustained domestic demand and strong System loans expanded 10.4% YoY in 2012, investment down from 13.6% YoY in 2011. Household In
Slide 32: Macro Environment: Singapore
Macro Environment: Singapore Economic Outlook Banking Outlook Regionally better real GDP growth expected in 2013 (3.0% In line with the slowdown in economic growth, vs 1.2% in 2012) as external demand (30% of GDP) bank lending in Singapore is also likely to improves moderate. A slightly lower
Slide 33: Macro Environment: Indonesia
Macro Environment: Indonesia Economic Outlook Banking Outlook Economy to sustain above-6% growth (2013 estimate of Solid industry performance reflected by high 6.7% vs 2012: 6.2%) on demography, FDI & infrastructure capital adequacy ratio (17.4% FY2012) and well developments maintained non-perfo
Slide 34: Building strong differentiators to pull away from competitors
We will continue building strong differentiators that enable us to pull away from our competitors Moving into 2013: Strong regional brand as a Leading ASEAN Financial Services Group, with a complete regional GWB proposition (Client Coverage, Industry Expertise, Pan-Asian Network, and Bespoke Solut
Slide 35: In 2013, the Group will focus on 3 key strategic priorities
In 2013, the Group will focus on 3 key strategic priorities 1 2 3 Raise the tempo for Accelerate the move to a Change the Cost Structure Regionalisation High Performance Culture Start harvesting value from Heighten focus on training Extend cost restructuring regional initiatives and job rotati
Slide 36: Targets for 2013
Targets for 2013 Return Group Loans Group on Growth Deposits 12.0% Equity Growth • Malaysia – 12.0% 15.0% • Singapore* – 11.0% 12.0% • Indonesia* – 22.0% 35 *Loans growth in local currencies 35
Slide 37: Our view of 2013
Our view of 2013 ● Optimistic on the growth prospects of ASEAN, as countries take on infrastructure investments to structurally improve domestic economies ● Singapore will continue to be an important hub for trade finance and M&A activity, while Indonesia expected to build on strong domestic economy
Slide 38: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 39: Community Financial Services: Mortgage
Community Financial Services: Mortgage Continued growth in loan balances despite intense competition Asset quality continued to improve +15.2% YoY 2.2% 1.9% 42.1 43.4 45.2 46.9 48.5 7.5 1.6% 6.1 6.6 7.1 5.7 RM billion 1.3% 36.4 37.3 38.6 39.8 40.9 1.1% Dec 11 Mar 12 Jun 12 Sep 12 Dec 12 Dec' 11 Mar'
Slide 40: Community Financial Services: Auto Finance
Community Financial Services: Auto Finance Auto Finance* grew 12.9% in Dec 2012 Asset quality improved 21.0% 2.0% +12.9% YoY 20.5% 20.0% 19.4% 20.5% 1.5% 29.9 30.7 20.4% 27.2 28.0 29.1 20.2% 19.5% 19.9% 19.0% 1.0% RM billion 18.5% 0.6% 0.5% 0.5% 0.5% 18.0% 0.4% 0.5% 17.5% 17.0% 0.0% Dec 11 Mar 12 Ju
Slide 41: Community Financial Services: Credit Cards
Community Financial Services: Credit Cards Overall cards market share improves YoY Overall card performance ahead of industry Market Share Dec 12 Dec 11 YoY Growth Maybank Industry* Cardbase 18.4% 17.9% Cardbase 0.9% -1.8% Billings 26.1% 24.3% Billings 15.5% 7.5% Receivables 15.2% 15.3% Receivables
Slide 42: Community Financial Services: Business Banking and SME
Community Financial Services: Business Banking and SME Loans grew 5.0% in Dec 2012 Deposits growth at 11.1% in Dec 2012 +5.0% YoY +11.1% YoY 26.9 27.6 27.1 50.7 51.5 53.2 53.7 56.3 25.8 25.5 BB SME SME RM billion RM billion 21.4 22.3 22.8 22.2 39.5 39.8 41.7 21.2 37.1 38.5 BB 4.5 4.4 4.6 4.7 4.9 13.
Slide 43: Customer Segmentation: Growing TFA and cross selling
Customer Segmentation: Growing TFA and cross selling ratio improvement HNW & Affluent Customer TFA grew 19.2% Mass Customer TFA grew 7.9% +7.9% YoY +19.2% YoY 93.0 117.6 Total TFA (RM‟bil) Total TFA (RM‟bil) 111.6 90.9 107.9 89.5 104.0 87.3 98.7 86.2 Dec 11 Mar 12 Jun 12 Sep 12 Dec 12 Dec 11 Mar 12
Slide 44: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 45: Global Wholesale Banking – Domestic Corporate Banking
Global Wholesale Banking – Domestic Corporate Banking Total GWB loans increased by 11.5% YoY to RM64.5 billion Trade Finance market share3 easing due to settlements RM billion 26.9% 26.7% 32.5 Term 26.3% 26.3% 32.5 +25.4% Loan YoY 25.8% 25.9 25.3% 29.4 Trade 28.0 +0.5% Finance1 29.2 YoY Dec '11 Mar
Slide 46: Global Markets
Global Markets* PBT and Revenue grew 1.2% and 5.4% YoY respectively Group Securities Portfolio grew 18.1% Y-o-Y +18.1% YoY +1.2% 80.4 +5.4% 71.2 70.9 71.1 68.1 7.4 RM million 2,064 2,089 2,516 4.6 5.2 5.0 Others 2,390 4.8 28.8 33.9 1,046 28.4 28.7 29.3 PDS 1,098 Govt. Securities 1,469 34.8 37.8 37.1
Slide 47: Notable Deals in 2012
Notable Deals in 2012 NOTABLE DEALS COMPLETED FROM JAN – DEC 2012 Malaysia Philippines RM 15.6 billion RM 11.2 billion RM 10.4 billion RM 8.0 billion RM 1.8 billion IPO Merger & Listing IPO Sukuk Term Loan Facility Felda Global Ventures Holdings San Miguel Corporation Astro Malaysia Holdings Berhad
Slide 48: Maybank IB now a major regional investment banking player
Maybank IB now a major Regional Investment Banking player with the addition of Maybank Kim Eng Maybank Kim Eng is now a leading regional investment Malaysia League Table – Mergers & Acquisitions bank and broking house with presence in 10 locations. Maybank Kim Eng has also been the No. 1 broker
Slide 49: Maybank Kim Eng
Maybank Kim Eng FY2012 Total Income (RM mil) Total Income for Maybank Kim Eng rose by 23.1% Malaysia Others 545.5, 41% 42.9, 3% 1,332 Hong Kong 49.5, 4% RM million Indonesia 33.2, 2% 1,331. 1,207 Philippines 113.7, 9% Singapore 271.3, 20% Thailand CY 2011 FY 2012 275.1, 21% FY2012 Equity Brokerage L
Slide 50: Maybank Kim Eng Industry Position & Market Share
Maybank Kim Eng 12M FY2012 Maybank IB‟s (Malaysia) Industry Position & Market Share FY 2012 CY 2011 Industry Total Industry Market Deals / Market Movement Rank by Value Rank by Share Issues Share of ranking Value (RM bil) Value M&A1 1 36.49% 46.6 30 2 34.6% +1 Equity & Rights 2 19.7% 6.2 11 2 15.9%
Slide 51: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 52: Maybank Singapore Earnings Summary
Earnings Summary (SGD‟ mil) FY12 FY11 YoY 4QFY12 3Q FY12 QoQ Net Fund Based 473.7 468.7 1.1% 121.5 120.5 0.8% income Net Fee Based 252.5 247.8 1.9% 62.3 77.9 -20.0% income Net income 726.2 716.5 1.4% 183.8 198.4 -7.4% Overhead expenses 318.7 300.7 6.0% 66.7 81.7 -18.4% Operating profit 407.5 415.8 -
Slide 53: Maybank Singapore
Maybank Singapore Loans and advances grew 10.6% YoY or S$2.6b Diversified Loan Portfolio 10.6% y-o-y to reach S$27.2b at the end of 2012. 24.6 27.2 Other (Consumer) Business loans increased by 5.4% YoY (or 1.2 1.5 S$S$2.8b) to reach a new high of S$17.6b in 3.3 3.1 Car Loan December 2012, led by
Slide 54: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 55: BII Earnings Summary
Earnings Summary (IDR‟ bil) 12M FY12 12M FY11 YoY 4QFY12 3Q FY12 QoQ Net Fund Based income 5,310 4,005 +32.6% 1,366 1,368 (0.1%) Net Fee Based income 2,151 2,328 (7.6%) 512 528 (3.0%) Net income 7,461 6,332 +17.8% 1,877 1,895 (0.9%) Overhead expenses (4,895) (4,353) +12.5% (1,228) (1,209) + 1.6% Per
Slide 56: BII: Continued strong performance bankwide
BII: Continued strong performance bankwide Loans composition (IDR trillion) (Consolidated) Net Interest Margin (Consolidated) Loans growth of 20% YoY and LDR improved to 87.3% NIM increased to 5.73% 80.9 67.2 69.8 73.5 75.9 26.6 26.6 26.9 25.4 25.8 5.89% 5.88% 19.9 21.1 25.0 5.73% 16.7 17.5 5.51% 5.
Slide 57: BII: Branches and touch points expansion
BII: Branches and touch points expansion on track and continued strong growth in PATAMI Branches and ATM 1,317 Capital Adequacy: consolidated (credit, operational & 1,190 1,218 1,237 market risk) 1,152 12.83% 12.71% 952 12.56% 739 787 12.33% 351 368 375 389 415 * 11.83% 327 249 255 2008 2009 2010 20
Slide 58: WOM Finance – motorcycle business
WOM Finance – motorcycle business impacted by new regulations but overall, profit improved due to continued focus on underwriting and cost efficiencies Revenue and PBT (IDR billion) Unit Financing (000 unit) Stand alone 574 501 502 1,653 1,609 1,467 1,376 393 In IDR billion 108 170 205 73 16 28 FY 2
Slide 59: BII Finance – significant growth in sales and profits
BII Finance – significant growth achieved in both sales and profits as BII rebalances its auto portfolio between cars and motorcycles Revenue and PBT (IDR billion) Unit Financed Stand alone 37,578 34,899 613.26 613.26 30,561 28,578 362.44 203.61 1,983 2,679 YTD Dec'11 YTD Dec'12 New Used Total total
Slide 60: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 61: Group Islamic Banking
Group Islamic Banking Group Islamic Banking Income and PBT* Market Share YoY Dec-12 Dec-11 RM million FY2012 FY2011 Growth AITAB*** 30.0% 31.6% Fund based income 1,699.3 1,560.9 8.9% Mortgage 21.4% 20.2% ** Other operating income 496.9 277.9 78.8% Term financing 23.3% 21.1% Total income 2,196.2 1,83
Slide 62: Insurance and Takaful - Etiqa
Insurance and Takaful - Etiqa Premium Loss Ratio Single Premium +51.6% Regular 89.5% Premium +4.2% 84.1% 78.4% 79.0% Credit Premium +34.5% FY2012 74.8% 75.0% Group Premium - 23.8% 12M FY11 63.6% 64.6% 61.8% 62.0% Fire Total Life/Family +17.9% 58.9% Fire +11.0% Motor 58.3% 43.1% MAT Motor +18.1% 39.8
Slide 63: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 64: An Binh Bank: PBT grew 24.1% YoY
An Binh Bank: PBT grew 24.1% YoY Growth in PBT of 24.1% was strengthened by lower allowances for Revenue and PBT loans losses despite the lower net interest income and increase in overhead expenses. Despite stronger loans growth of 15.6%, revenue -5.8% declined 5.8% due to lower margins in FY12. O
Slide 65: MCB Bank: PBT rose 3.3% YoY
MCB Bank: PBT rose 3.3% YoY despite the lower NIM In FY2012, MCB registered a 3.7% YoY in PBT to Revenue and PBT PKR32.5 bil. The improved result was contributed +1.7% by the increase in revenue of PKR0.8 bil and 49.2 50.0 efficiency in operations, which resulted in lower +3.7% operating expenses
Slide 66: Table of Contents
Table of Contents Executive Summary 2 Financial Performance 13 Prospects & Outlook 31 Appendix: Business Sector Review 1) Community Financial Services 39 2) Global Wholesale Banking 45 3) Maybank Singapore 52 4) BII 55 5) Other segments 61 6) Affiliates 64 7) Data tables & Glossary 67 Financial Resu
Slide 67: Quarterly Profit and Loss
Quarterly Profit and Loss (RM‟ mil) 1QFY12 2QFY12 QoQ 3Q FY12 QoQ 4QFY12 QoQ Net interest income 2,020.7 2,106.3 +4.2% 2,158.9 +2.5% 2,194.9 +1.7% Net Fund based income (Islamic 375.6 441.2 +17.5% 486.1 +10.2% 396.4 (18.5%) Banking) Net Fund Based income 2,396.3 2,547.5 +6.3% 2,645.0 +3.8% 2,591.3 (
Slide 68: Group Gross Loans by quarter
Group Gross Loans by quarter (RM‟ mil) 1QFY12 2QFY12 3Q FY12 4QFY12 QoQ Group Gross Loans 287.1 304.0 304.8 317.3 +4.1% Malaysia (Rm billion) 182.9 192.8 195.2 199.8 +2.3% Community Financial 123.2 127.9 132.0 135.4 +2.5% Services Global Wholesale Banking 59.7 64.9 63.2 64.5 +2.0% Singapore (SGD bil
Slide 69: Domestic Gross Loans by quarter
Domestic Gross Loans by quarter RM billion 1QFY12 2QFY12 3Q FY12 4QFY12 QoQ Community Financial 123.2 127.9 132.0 135.4 +2.6% Services Consumer 97.7 101.0 104.5 108.3 +3.6% Total Mortgage 43.4 45.2 46.9 48.5 +3.4% Auto Finance 28.6 29.6 30.5 31.2 +2.3% Credit Cards 5.2 5.2 5.2 5.4 +2.8% Unit Trust 1
Slide 70: Gross Deposits by quarter
Gross Deposits by quarter (RM‟ mil) 1QFY12 2QFY12 3Q FY12 4QFY12 QoQ Group Gross Deposits 320.2 340.3 330.5 347.0 +5.0% Malaysia (RM billion) 211.7 230.0 217.1 227.3 +4.7% Savings Deposits 33.9 35.0 34.6 35.5 +2.7% Current Accounts 49.2 50.6 52.2 56.9 +8.9% Fixed Deposits 105.2 111.3 103.2 114.6 +11
Slide 71: Key Ratios by quarter
Key Ratios by quarter (RM‟ mil) 1Q FY12 2Q FY12 3Q FY12 4QFY12 QoQ Net Interest Margins 2.38 2.42 2.42 2.36 (2.5%) Return on Equity * 16.0 16.4 17.1 16.3 (5.8%) Fee to Income Ratio 40.8 39.2 36.0 38.8 +8.1% Loans-to-Deposit Ratio 87.2 86.9 90.0 89.6 (0.4%) Cost to Income Ratio # 48.7 46.9 48.9 50.2
Slide 72: Glossary
Glossary • EIB Etiqa Insurance Berhad • ETB Etiqa Takaful Berhad • PATAMI Profit after tax and minority interest • ROE Return on average shareholder equity • RWCR Risk weighted capital ratio • FY 2010 Financial year June 2009 to June 2010 • FY 2011 Financial year June 2010 to June 2011 • FP 2011 Fin
Slide 73: Malayan Banking Berhad contact and investor relations
Humanising Financial Services Across Asia 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 Mohamed Rafique Merican Group Chief Financial Officer Contact: (6)03-2074 7878 Email: rafique
Malayan Banking Berhad (Maybank) — FY2012 Earnings Presentation on 6ix