Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Invest Malaysia 2013
28 slides from Malayan Banking Bhd's conference presentation, Jun 13, 2013
Slide 1: Capitalising on the ASEAN marketplace
Capitalising on the ASEAN marketplace Invest Malaysia 2013 Shangri-La Hotel, Kuala Lumpur 13 June 2013 www.maybank.com 0
Slide 2: Achieving the Maybank Vision
Our Vision is “To Be A Regional Financial Services Leader” Achieving the Maybank Vision… On-track earnings performance for 1Q FY13, despite 1 challenging market conditions Continued progress on ASEAN regionalisation, with PBT 2 contribution at 22.8% for 1Q FY2013 Strong momentum created to achieve 2
Slide 3: Invest Malaysia 2013 agenda
Invest Malaysia 2013 Overview of Recent Performance Maybank & ASEAN Our Strategic Thrusts Outlook & Guidance for 2013 2
Slide 4: Eight fold increase in profit from 2009 to 2012
We delivered an eight fold increase in profit from 2009 to 2012 Summary of Analysts' Recommendations Analysts' FY2012 PATAMI of RM5.74 Net Profit (RM mil.) Target Price RM10.53 Consensus: billion was 5.6% ahead of Coverage 27 analysts FY2013 6,139 consensus Recommendations 19 Buy, 6 Hold, 2 Sell Lau
Slide 5: Improved performance for 1Q FY2013
And recorded improved performance for 1Q FY2013 RM million 1Q 2013 1Q 2012 % YoY 4Q 2012 % QoQ PATAMI 1,506.2 1,346.9 11.8% 1,459.6 3.2% PBT 2,126.7 1,894.6 12.3% 1,949.3 9.1% Net Income 4,469.9 4,209.3 6.2% 4,409.1 1.4% Net Fund Based Income 2,886.6 2,586.9 11.6% 2,784.3 3.7% Net Fee Based Income 1
Slide 6: High dividend payout and rising share price
Our high dividend payout and rising share price provide good return to shareholders Maybank provides amongst the highest dividend yields of Asian banks EPS, DPS and Share Price 120 9.20 9.35 10.00 8.94 8.58 9.00 100 7.56 8.00 EPS and DPS (sen) 5.90 7.00 Share Price (RM) 80 72.7 65.0 6.00 61.4 60.0 6
Slide 7: Maybank & ASEAN
Invest Malaysia 2013 Overview of Recent Performance Maybank & ASEAN Our Strategic Thrusts Outlook & Guidance for 2013 6
Slide 8: Maybank is one of the top banking groups in ASEAN
Maybank is one of the top banking groups in ASEAN Total Assets (USD bil): 31 Mar 2013 Loans and Deposits (USD bil): 31 Mar 2013 DBS 301 DBS 201 183 OCBC 249 UOB 152 135 UOB 215 OCBC 136 120 Maybank 170 No. 4 Maybank 107 118 No. 4 CIMB 118 CIMB 70 86 Public Bank 93 Public Bank 75 66 Siam Commercial B
Slide 9: We have presence in all 10 ASEAN countries
We have presence in all 10 ASEAN countries Worldwide Presence ASEAN Presence 8 8
Slide 10: We have a leading presence across ASEAN
We have a leading presence across ASEAN PHILIPPINES SINGAPORE INDONESIA CAMBODIA THAILAND MYANMAR MALAYSIA VIETNAM MARKET TOTAL BRUNEI LAOS BANK CAP ASSETS 31 Mar 13 31 Mar 13 (USD bil) (USD bil) 1 DBS 31.5 301 2 OCBC 29.5 249 3 MAYBANK 25.7 166 4 UOB 25.9 215 5 BCA 28.9 46 6 MANDIRI 24.0 66 7 CIMB
Slide 11: ASEAN home markets delivering higher profit contribution
Our ASEAN home markets are delivering higher profit contribution to the Group PBT Contribution by Market 30.2% Total International (ASEAN + Others) 24.2% 23.8% 23.3% ASEAN ex-Malaysia 22.2% 20.6% 20.2% 19.1% 8.0% 5.2% 3.2% 3.1% Others FY 2010 FY 2011 CY 2011 FY 2012 10
Slide 12: Strengthening our position in all three home markets
We are strengthening our position in all three home markets… Maybank is now strategically positioned across ASEAN, and well placed to further grow international operations towards a 40% PBT contribution Malaysia • Continue to maintain our strong brand and leadership position in the domestic market.
Slide 13: Building our regional footprint
…while focusing on building our regional footprint Hong Kong and Greater China • Capture opportunities in trade financing and corporate banking business within the region. • Leverage on regional network to capture the cross border transactional banking market. Indochina • Facilitate economic growth
Slide 14: Our Strategic Thrusts
Invest Malaysia 2013 Overview of Recent Performance Maybank & ASEAN Our Strategic Thrusts Outlook & Guidance for 2013 13
Slide 15: Significant progress towards strategic objectives
We have made significant progress towards achieving our strategic objectives 1 Undisputed No. 1 Retail Financial Services provider in Malaysia Rising market share with further opportunities for growth Leveraging on dominant presence to deepen wallet share 2 Leading ASEAN wholesale bank eventuall
Slide 16: No. 1 Retail Financial Services provider in Malaysia by 2015
1 Undisputed No. 1 Retail Financial Services provider in Malaysia by 2015 Rising market share with further opportunities for growth Industry Total Consumer/Household Total Mortgage* Position 13.4% 13.4% Industry No. 2 Position No. 2 17.0% Dec 09 Dec 12 15.7% Largest network in Auto Finance Malaysi
Slide 17: Leading ASEAN wholesale bank expanding to Middle East, China & India
Leading ASEAN wholesale bank eventually expanding further 2 to Middle East, China & India Global Banking with Maybank Kim Eng secured notable deals across the region 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
Slide 18: Ranked in the Top 2 in Capital Market deals in 2012
Ranked in the Top 2 in Capital Market deals in 2012 Maybank Investment Bank (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 Eq
Slide 19: Maybank Kim Eng now a major regional investment banking player
Maybank Kim Eng now a major regional investment banking player Revenue of RM1,331million with Maybank Kim Eng: Total Income rose 10.3% Malaysia contributing 41% 10.3% RM million 1,207 1,331 Malaysia 545.5, 41% Others 42.9, 3% CY 2011 FY 2012 Hong Kong 49.5, 4% Indonesia RM1,331 RM1,331 Leading Equit
Slide 20: Undisputed Insurance & Takaful Leader in Malaysia
Undisputed Insurance & Takaful Leader in Malaysia 3 and Emerging Regional Player We continue to hold the No.1 ranking in life & family and general & general takaful market share Life & Family Takful Insurance & Takaful 48.0% (1) 45.3% (1) 32.3% 32.1% 38.6% (1) 35.6% (1) 29.1% Total asset grew 9.4%
Slide 21: ~40% of pre-tax profit from international operations by 2015
Truly regional organisation, with ~40% of pre-tax profit derived from 4 international operations by 2015 International PBT contribution increased to 30% in FY2012 from 24% CY2011 with a total PBT of RM7.89 billion FY2012 Revenue Profit Before Tax Gross loans* (Jan 12 – Dec12) 8.0% International: 4.3
Slide 22: Global leader in Islamic Finance
5 Global leader in Islamic Finance Maybank Islamic surpasses RM1.0 bil PBT mark and is among the top 3 underwriters in the Global Islamic Bond market Maybank Islamic: Rising contribution to Maybank Islamic: PBT surpasses RM1 billion Maybank‟s Domestic Financing 1,190 30.6% 28.5% 24.8% 26.1% 953 RM m
Slide 23: Outlook & Guidance for 2013
Invest Malaysia 2013 Overview of Recent Performance Maybank & ASEAN Our Strategic Thrusts Outlook & Guidance for 2013 22
Slide 24: Opportunities and challenges
Opportunities and challenges Opportunities • New emerging markets in ASEAN e.g. Indochina and Myanmar • Expansion & growth in Thailand • Regionalisation of Islamic banking • Development of regional financial solutions • The Asean Economic Community and growth in Intra-Asean trade. Challenges & Risks
Slide 25: Strong capital base to fund growth and comply with Basel III
We have strong capital base to fund growth and comply with Basel III Capital Adequacy remained strong with DRP and following RM3.66 billion equity placement in October 2012 Strong capital ratios under Basel III and to fund growth 14.76% 14.86% 14.17% 11.41% 12.00% 12.11% 9.51% 10.10% 10.20% Full
Slide 26: Ranked the 13th Strongest Bank in the World
Based on strong fundamentals, we are ranked the 13th Strongest Bank in the World The ranking by Bloomberg is based on 2012 Tier 1 Capital ratio, funding ratio, asset quality and operating efficiencies of all banks with total assets exceeding USD100 billion. 25
Slide 27: Maintaining our targets despite challenging market conditions
Maintaining our targets despite challenging market conditions in 1Q FY13 Actual 1Q FY2013 Return on Equity: 15.0% 14.2% Group Loans Growth: 12.0% 5.8% Malaysia: 12.0% 5.3% Singapore*: 11.0% 6.9% Indonesia*: 22.0% -1.2% Group Deposits Growth: 12.0% 9.5% 26 * Loans growth in local currencies
Slide 28: Humanising Financial Services Across Asia
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) — Invest Malaysia 2013 on 6ix