Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Shareholder Meeting (May 2023)
23 slides from Malayan Banking Bhd's shareholder meeting presentation, May 3, 2023
Slide 1: 63rd Annual General Meeting
63rd ANNUAL GENERAL MEETING Presentation to Shareholders by Group President & Chief Executive Officer, Dato’ Khairussaleh Ramli 3rd May 2023
Slide 2: FY2022: A Record Year
FY2022: A Record Year Key Financial Highlights Record Net Operating Strong Improving Asset Income (NOI) & Net Profit Balance Sheet Quality Indicators NOI FY22: RM27.62 bil Group FY22: RM587.12 bil FY21: RM25.45 bil Loans FY21: RM553.79 bil Group Loan FY22: 131.2% Loss Coverage FY21: 111.9% 8.5%
Slide 3: FY2022: Continued to Create Value for Stakeholders
FY2022: Continued to Create Value for Stakeholders, Reaffirming Our Position as Most Valuable Bank Brand in Malaysia and Top Five in ASEAN Driving Excellence Delivering Value for Elevating Advancing Our in Customer Experience Our Shareholders Maybankers Sustainability Journey Easy and Convenient Ser
Slide 4: FY2022: Strong Income and PPOP Growth of 8.5% and 6.3%
FY2022: Strong Income and PPOP Growth of 8.5% and 6.3% Respectively Net Fund Based Income Net fund based income grew as NIM rose 7 bps YoY on higher interest rates while Group loans grew 6.0% RM20.69 bil | +8.4% YoY YoY, led by good growth in Malaysia (+6.7%) and Indonesia (+5.8%) Non-Interest Inc
Slide 5: FY2022: Stronger Income Supported by Loans and NIM Expansion
FY2022: Stronger Income Supported by Loans and NIM Expansion as well as MTM and FX Gains Higher Net Fund Based Income Driven by Higher Non-Interest Income on Loans Growth and Better NIM MTM and Foreign Exchange (FX) Gains 2.39% +9.0% YoY NIM 2.32% 6.93 6.36 +93.9% 0.23 0.12 0.32 +8.4% YoY 0.72 (
Slide 6: FY2022: Cost Rises While Provisions Reduce on Improving Asset Quality
FY2022: Cost Rises While Provisions Reduce on Improving Asset Quality Cost Increase on Higher Personnel Lower Loan Provisions; Improving Asset Quality and One-Off Expenses Net impairment losses 45.3% 46.4% CIR (13.7)% YoY 3.23 2.79 +11.2% YoY 0.57 +4.4% 0.60 Allowances on financial RM billion 12
Slide 7: FY2022: Good Loans Growth Supported by Healthy Liquidity Levels
FY2022: Good Loans Growth Supported by Healthy Liquidity Levels Group Gross Loans Driven by Growth in Group Gross Deposits Driven by Growth in Malaysia and Indonesia Malaysia and Singapore +3.5% YoY 31 Dec 2021 31 Dec 2022 YoY 617.7 639.4 82.8 +7.7% 89.1 Group Gross Loans 553.8 587.1 6.0% CASA 2
Slide 8: FY2022: Record Net Profit of RM8.23 billion
FY2022: Record Net Profit of RM8.23 billion Net profit, EPS, ROE Robust Capital Strength FY2022 vs FY2021 As at 31 Dec Group* Bank* Net profit EPS Return on Equity 18.83% 18.20% 1.7% 68.8 sen 17.60% 17.07% FY22: RM8.23 bil FY21: 69.7 sen 10.0% 16.12% 15.49% 15.04% 14.48% FY21: RM8.10 bil Dec’21:
Slide 9: FY2022: Rewarding Shareholders with Higher Effective Cash Dividend Payout of 76.7%
FY2022: Rewarding Shareholders with Higher Effective Cash Dividend Payout of 76.7% Maintained Strong Shareholder Returns 87.8% 91.2% Dividend 77.3% 84.5% 84.6% Payout Ratio 100% 88% Cash Component 53% 34% 63% of Total Dividend 6.0% 7.4% 6.1% 7.0% 6.7% Dividend Yield 64.0 58.0 58.0 Dividend (sen) 57.
Slide 10: Maybank's New M25+ Growth Strategy Anchored on a Greater and Deeper Purpose
Maybank’s New M25+ Growth Strategy is Anchored on a Greater and Deeper Purpose Digital eco-system Global players players Niched local players Infusing the principles of ethical banking (fairness, inclusivity, preservation of Orchestrating digital ecosystems and integrating environment and exclusion
Slide 11: Building on the M25 Foundation, M25+ Focuses on Five Strategic Thrusts
Building on the M25 Foundation, M25+ Reinforces the Push for Differentiation and Focuses on Five Strategic Thrusts… Refined Strategic Thrusts M25 M25+ 1 Continuous improvement Full agile and iterative Minimum Viable Product Intensify Customer Centricity approach to meet customer (MVP) approach, thro
Slide 12: Through 12 Strategic Programmes (SPs)
…Through 12 Strategic Programmes (SPs) PMO Institutionalise Group-wide Programme Management Office Go beyond rigorous progress tracking, managing interdependencies and problem resolution to ensure full infusion of ethical banking, regional integration, cross-sector collaboration and Agile ways of wo
Slide 13: Investments Will be Made to Accelerate Development of New Capabilities
Investments Will be Made to Accelerate the Development of New Capabilities for Long-Term Growth Investment in the next three to five years Planned IT Investments for M25+ Will Bring Us on Par With the Average of Top Regional Banks RM3.5 billion – RM 4.5 billion Tech for Tech Data platforms, Channel
Slide 14: Full Realisation of M25+ Will Holistically Transform Maybank's Performance
Full Realisation of M25+ Will Holistically Transform Maybank's Performance With Continued Emphasis on BAU Initiatives BAU Initiatives Remain a Priority. Also, Group-wide Focus on Improving Asset Quality Profitability Targets • Non-Retail: Expand RSME and SME+ businesses across universal markets Grou
Slide 15: FY2022 M25+ Progress: Deploying MVPs for Faster Product Reach
FY2022 M25+ Progress: Deploying MVPs for Faster Product Reach to Customers While Driving Agility in Capability Building Building Capabilities: Imagining End-State Model through Minimum Further Inculcating the Agile Culture Viable Product (MVP) Approach Drive faster product-to-market • Expand digital
Slide 16: FY2022 M25+ Progress: Raising The Bar to Attain Sustainability Leadership
FY2022 M25+ Progress: Raising The Bar to Attain Sustainability Leadership Position in SEA After Surpassing Annual Targets Exceeded Annual Sustainability Targets Raising The Bar on FY2025 Sustainability Targets Sustainable Achieved: FY2025: Finance RM34.4 bil RM50 bil RM50 bil RM80 bil 1 mil househol
Slide 17: FY2022 M25+ Progress: Mobilised RM20.69 billion in Sustainable Finance
FY2022 M25+ Progress: Mobilised RM20.69 billion in Sustainable Finance to Drive Transition to Low-Carbon Economy Renewable Energy Clean Transportation Affordable Basic Services/Infrastructure Mobilised a total of: RM535.70 million RM1.21 billion RM2.31 billion for projects that disbursed for financi
Slide 18: FY2022 M25+ Progress: Islamic Banking Poised for Global Leadership
FY2022 M25+ Progress: Islamic Banking Poised for Global Leadership Positioning Commendable Growth in Group Islamic Banking Towards Becoming a Global Islamic Wealth Management (IWM) Solutions Leader 31 Dec 2022 vs 31 Dec 2021 Maybank Islamic’s Wealth Management Total Profit Financing & Deposits & AUM
Slide 19: Maybank's FY2023 Priorities
FY2023 Priorities: Focus on Revenue and AQ Management; Targeted Investments Moderating Economic • Focus on growth opportunities across consumer and business segments within ASEAN franchise: Outlook in 2023 o Double down on CFS franchise business i.e.: mortgage, RSME and SME+ across universal Income
Slide 20: Moving to Menara Merdeka 118 in 2025
Moving to Menara Merdeka 118 in 2025: A Globally-Recognised, Green Building Befitting of Maybank’s Brand and Leadership Position Timeline The Process State-of-The-Art Building 2019 Our Three Considerations Were: Began 11. Refurbish the 35-year old Menara Maybank evaluation for A Global Landmark 22.
Slide 21: Safeguarding Customers and Creating Awareness on Financial Scams
Safeguarding Customers and Creating Awareness on Financial Scams Bank Negara Malaysia’s Maybank Implemented Proactive Measures for Scam Prevention 5 Key measures to combat financial scams Migrating SMS one-time password to Secure2u push authentication as an enhanced authentication method. Full migra
Slide 22: Closing
Closing Thank you to all shareholders for your continued support in helping us progress From Good to Great 21
Slide 23: Thank You
Thank You Humanising Financial Services
Malayan Banking Berhad (Maybank) — Shareholder Meeting (May 2023) on 6ix