Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Investor Presentation (March 2009)
24 slides from Malayan Banking Bhd's investor presentation, March 2009
Slide 1: Corporate Presentation
Corporate Presentation March 2009
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Malayan Banking Berhad (the “Company”) solely for use during its presentation to prospective investors held in connection with the proposed renounceable underwritten rights issue of new ordinary shares in the capital of the Company (the “Rights Share
Slide 3: Agenda
Agenda The Maybank Group Recap of 1H FY2009 Financial Results Update on Strategic Transformation Plan Q&A 3
Slide 4: The Maybank Group
The Maybank Group 4
Slide 5: The Maybank Group
The Maybank Group Strong Domestic Franchise 1H FY09 Segmental Revenue Others Insurance 3% 7% International 18% Consumer Investment 38% Banking Insurance International Banking IB & Treasury Domestic banking franchise encompassing Consumer, 7% Business 20% Business and Corporate Banking businesses c
Slide 6: Our Senior Management Team
Our Senior Management Team Position / Name Experience Highlights Former CEO of Telekom Malaysia which was transformed into a regional telecommunications President / Group CEO company. Served as Managing Director / CEO of UEM Group and led its turnaround post Khazanah Dato' Sri Abdul Wahid Omar tak
Slide 7: Our Senior Management Team
Our Senior Management Team Position / Name Experience Highlights Head of Insurance & 21 years of working experience in the insurance industry Takaful / Asset Mgmt Former CFO of Maybank and former CEO of Takaful Nasional. Led the merger of insurance CEO Mayban Fortis Holdings companies in Maybank
Slide 8: Recap of 1H FY2009 Financial Results
Recap of 1H FY2009 Financial Results 8
Slide 9: 1H FY2009 Summary Highlights
1H FY2009 Summary Highlights 1H FY09 Net Income rose 6.5% contributed by 37.7% growth in Islamic Financial Banking Income and 3.2% growth in Net Interest Income Performance Net Interest Margin improved by 21 bps to 2.71% in 2Q FY09 Net Profit attributable to shareholders for 2Q FY09 of RM734.6
Slide 10: Resilient Earnings And Quality Loan Book
Resilient Earnings And Quality Loan Book Stable NIM Quality Loan Book 99.2% 100.2% 99.8% 6.5% 6.50 6.0% 6.24 5.5% 5.81 5.66 5.62 Custom er Deposit COF 3.78% 3.61% 3.60% 5.0% Loans Interest Yield Gross Lending Spread 4.5% Net Interest Margin of Int. Bearing Assets 1.92% 1.84% 1.80% 4.0% 3.75 3.65 3.5
Slide 11: Strong Performance Across Segments
Strong Performance Across Segments Well diversified business across business units and geography 1H FY09 Revenue Breakdown 1H FY08 Loans Breakdown Indonesia Other 2 ,0 0 3 0.1% 7.0% Singapore 21.6% 1,0 3 6 944 Malaysia 351 389 348 71.3% 14 4 C o ns um e r B us ine s s C o rpo ra t e Inv e s t m e nt
Slide 12: Update on Strategic Transformation Plan
Update on Strategic Transformation Plan 12
Slide 13: Maybank – In A Position of Strength
Maybank – In A Position of Strength … and A Talent and Execution The Dominant Malaysian bank… … An Emerging Regional Leader… Focused Company 9 No. 1 Bank in Malaysia in assets 9 Diversified Pan-Asia platform 9 A leadership pool and talent and reach pipeline to realise our aspirations 9 No. 1 Islamic
Slide 14: Implementation of LEAP 30
Implementation of LEAP 30 Wave 1 (Sep 2008 – Dec 2009) Wave 2 (Jan 2010 – Dec 2011) Initial 20 initiatives Remaining 10 initiatives Initiatives Objective Recent Progress Consumer • Launch tactical sales stimulation • Enhance consumer sales with tangible sales • Launched pilot at 8 branches uplift ca
Slide 15: Strategic Transformation Plan
Strategic Transformation Plan RM6.0 billion rights issue is an integral part of Maybank’s strategy to become one of the top 5 banks in South and South East Asia by size and performance by 2015 Strategic Transformation Plan 1 2 3 Strengthening core business Further strengthen capital Putting in
Slide 16: Summary of Rights Issue
Summary of Rights Issue Offer Type: Renounceable, fully underwritten rights issue Size: Approximately RM6.0 billion (US$1.6 billion) Offer No. of rights shares: Up to 2,212 million rights shares Structure Issue Price: RM2.74 representing a discount of 34.4% to the theoretical ex-rights price
Slide 17: Timeline of Rights Issue
Timeline of Rights Issue 27 February 09 Announcement of rights issue 6 March 09 Despatch of circular Mid March 09 Announcement of books closure date 23 March 09 EGM End March 09 Books closure date Despatch of abridged prospectus Early April 09 Commencement of Rights Trading period Earl
Slide 18: Strengthening Balance Sheet and Capital Ratios
Strengthening Balance Sheet and Capital Ratios Recent Fund Raising Exercise Capital Ratio Benchmarking1 Rights Issue 16.4% RM 6.0 bn 15.3% 15.1% 14.0% 13.9% 13.7% 14.9% 13.5% 12.4% Total Capital Subdebt Raised RM 3.1 bn RM 15.1 bn 11.0% 10.9% 10.8% 10.1% Hybrid Tier I RM 9.1 bn 8.3% already 8.1% RM
Slide 19: Rights Issue to Strengthen Franchise and Accelerate Growth
Rights Issue to Strengthen Franchise and Accelerate Growth Comprehensive one-time capital raise to provide sufficient capital to implement the Bank’s key strategic initiatives for the next 2-3 years Financial Centres Country Presence Shanghai Malaysia Hong Kong Singapore Bahrain Indonesia London Phi
Slide 20: Update on Bank Internasional Indonesia, MCB Bank and An Binh Bank
Update on Bank Internasional Indonesia (“BII”), MCB Bank Ltd (“MCB”) and An Binh Bank (“An Binh”) Investment Updates Update on BII Impairment treatment Subsequent to Maybank’s purchase of a 55.7% stake in BII in Sept 2008, Maybank entered into an agreement with certain shareholders of BII to acqui
Slide 21: Malaysian Economy Then vs. Now
Malaysian Economy Then vs. Now The Malaysian economy is entering this crisis in a much better shape than it was during the Asian Financial Crisis back in 1997 – the economy is much less levered and the balance sheets of the banks are much more robust 1997 2008 Change GDP at Current Prices (US$ bn) 9
Slide 22: Conclusion
Conclusion 1H FY09 financial performance demonstrates our resilient franchise despite the economic turmoil Strategic Transformation Plan to strengthen our Malaysian leadership and become a top 5 bank in South and South East Asia Successful Implementation of LEAP 30 is the first step of the Str
Slide 23: Q&A
Q&A 23
Slide 24: THANK YOU
THANK YOU 24
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