Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Q1 FY2013 Earnings Presentation
59 slides from Malayan Banking Bhd's earnings presentation, May 23, 2013
Slide 1: Investor Presentation: Financial Results First Quarter FY2013
Investor Presentation Financial Results: First Quarter FY2013 www.maybank.com 23 May 2013 0
Slide 2: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 23 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 1Financial Result
Slide 3: Encouraging performance, despite a challenging operating environment (1/3)
Encouraging performance, despite a challenging operating environment (1/3) PATAMI growth of 11.8% YoY, • Group PATAMI of RM1.51 billion, growth of 11.8% YoY and 3.2% QoQ despite slower quarter • PATAMI growth supported by net fund based income growth of 11.6% YoY, with Islamic fund based income post
Slide 4: Encouraging performance, despite a challenging operating environment (2/3)
Encouraging performance, despite a challenging operating environment (2/3) Annualised loans growth • Domestic loans growth impacted by slower corporate activity in 1Q2013 impacted by slower domestic especially during the period leading into the 13th General Elections corporate lending • Annualised l
Slide 5: Encouraging performance, despite a challenging operating environment (3/3)
Encouraging performance, despite a challenging operating environment (3/3) Assets quality generally stable but • Gross Impaired Loans (GIL) ratio registered a QoQ uptick but still within with small pockets of vulnerability overall FY2013 guidance • GIL rose from 1.78% as at end Dec 2012 to 1.89% as
Slide 6: Performance to gather pace in second quarter
Performance to gather pace in second quarter Key Performance Indicators FY2013 Maybank Industry Targets Achievement* Average* Headline KPI Return on Equity* 15.0% 14.2% - Other targets Group Loans Growth 12.0% 5.8% - • Malaysia 12.0% 5.3% 8.4% • Singapore 11.0% 6.9% 6.2% • Indonesia 22.0% (1.2)% 2.8
Slide 7: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 23 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 6Financial Result
Slide 8: Impact of newly applied MFRS in 1Q FY2013
Impact of newly applied MFRS in 1Q FY2013 • The adoption of the new Malaysian Financial Reporting Standards (“MFRSs”), amendments to MFRSs, IC Interpretations and Annual Improvements 2009-2011 Cycle as disclosed in Note A1 to the interim financial statements did not have any material impact on the f
Slide 9: Improved performance year-on-year for the Group
Improved performance year-on-year for the Group Note: P&L figures for 1Q FY2012 are restated figures post-MFRS 10 application 1Q 2013 1Q 2012 4Q 2012 % YoY % QoQ RM mil RM mil RM mil 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% 4,40
Slide 10: Net income growth of 6.2% YoY, supported by fund based income & stable NIM
Net income growth of 6.2% YoY, supported by fund based income & stable NIM 1Q 2012 4QFY12 (RM‟ mil) 1Q 2013 YoY QoQ Restated Restated Net interest income 2,411.3 2,211.3 +9.0% 2,387.9 +1.0% Net Fund based income (Islamic Banking) 475.3 375.6 +26.5% 396.4 +19.9% Net Fund Based income 2,886.6 2,586.9
Slide 11: Group's operating ratios within guidance set for FY2013
Group‟s operating ratios within guidance set for FY2013 (%) 1Q 2013 1Q 2012 Variance 4Q 2012 QoQ Return on Equity 14.2 16.0 (1.8)% 16.3 (2.1)% Net Interest Margin (post-MFRS 10) 2.47 2.47 0 2.45 +2bps Net Interest Margin (pre-MFRS 10) 2.37 2.38 (1 bps) 2.36 +1 bps Fee to Income Ratio (post-MFRS 10)
Slide 12: Fee income ratio healthy at 38.7%
Fee income ratio healthy at 38.7%, with growth in two largest fee components Note: Based on restated figures for 1Q FY12 post-MFRS 10 application 1Q 2012 1Q 2013 -12.7% 1,625 +18.0% RM million 1,420 907 +23.4% -171.9% -85.9% -24.2% +111.8% -9.5% 769 455 369 403 144 116 159 57 88 19 (32) (87) (161) T
Slide 13: Loan growth stable, despite softer market conditions in first quarter
Loan growth stable, despite softer market conditions in first quarter Mar 13 Dec 12 Annualised Mar 12 YoY Group Gross Loans * 322.0 317.3 5.8% 287.1 12.1% Malaysia (RM billion)** 202.4 199.8 5.3% 182.9 10.7% Community Financial Services 138.9 135.4 10.4% 123.2 12.7% Global Banking 63.6 64.5 (5.3)% 5
Slide 14: Domestic consumer & SME portfolio deliver healthy growth
Domestic consumer & SME portfolio deliver healthy growth RM billion Mar 13 Dec 12 Annualised Mar 12 YoY Community Financial Services 138.9 135.4 10.4% 123.2 12.7% Consumer 111.4 108.2 11.8% 97.7 14.1% Total Mortgage 49.6 48.5 9.5% 43.4 14.3% Auto Finance 32.0 31.2 9.8% 28.6 12.0% Credit Cards 5.3 5.
Slide 15: Group deposit growth of 9.5%, with international deposit growth of 17.0%
Group deposit growth of 9.5%, with international deposit growth of 17.0% whilst maintaining our No.1 market share position domestically Mar 13 Dec 12 Annualised Mar 12 YoY Group Gross Deposits 355.4 347.2 9.6% 320.2 11.0% Malaysia (RM billion) 230.4 227.3 5.6% 211.7 8.9% Savings Deposits 36.9 35.5 1
Slide 16: LDR improves across all key markets supported by faster deposit growth
LDR improves across all key markets supported by faster deposit growth Group Malaysia LDR CASA 86.3% 87.1% 87.7% 86.6% 87.5% 89.6% 90.5% 90.3% 89.0% 82.6% 38.4% 40.7% 42.1% 41.5% 40.5% 33.6% 35.1% 36.0% 35.6% 34.9% Dec 11 Dec 12 Jan 13 Feb 13 Mar 13 Dec 11 Dec 12 Jan 13 Feb 13 Mar 13 Singapore BII 9
Slide 17: International PBT contribution increased to 31%
International PBT contribution increased to 31% Revenue Profit Before Tax Gross loans* (Restated 1Q FY12) 1Q FY13 (Jan 13 – Mar13) International: 5.6% International: 9.2% International: 7.6% 36% 31% 6.3% 37% 8.0% 14.2% 15.4% 15.9% RM 4.47b RM2.13b 21.5% RM322.0b 69.0% 62.9% 64.3% 1Q FY12 Malaysia Si
Slide 18: Group maintains neutral Jaws positions
Group maintains neutral “Jaws” positions Group overheads composition YoY YoY QoQ QoQ 1Q 2012 4Q 2012 (RM‟ mil) 1Q 2013 (post-MFRS (pre-MFRS (post-MFRS (pre-MFRS Restated Restated 10) 10) 10) 10) Personnel costs 1,218.0 1,152.6 +5.67% +6.38% 1,117.4 +9.01% +8.14% IT Expenses 142.5 134.4 +6.03% +6.86%
Slide 19: Net revenue rose for business pillars
1QFY12 Net revenue rose for business pillars 1QFY12 (based on restated figures post-MFRS 10 application) 1QFY13 +6.2 % Global Banking (GB) +9.0% 4,209 4,470 Revenue (RM million) 10.8% (based on Gross Written Premium) +7.8% +18.9% (7.4)% +17.9% +1.6% +37.5% 1,740 1,614 1,329 1,308 553 461 465 427 335
Slide 20: Fund based income growth stronger in the first quarter
Fund based income growth stronger in the first quarter 1QFY12 (based on restated figures post-MFRS 10 application) 1QFY13 Net Fund Based Income rose 11.6% Global Banking (GB) +29.4% +11.6% 2,887 2,587 +9.7% +33.2% +9.4% 100.2% +11.8% +6.0% RM million 1,339 1,221 931 832 300 399 214 227 158 173 28 57
Slide 21: Asset quality maintains improved performance YoY but slight uptick since December
Asset quality maintains improved performance YoY but slight uptick since December 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 400 140 4.67% 350 4.20% 120 104.2% 104.7% 105.6% 94.5% 99.0%
Slide 22: GIL registering long term improvements
GIL registering long term improvements Malaysia Singapore BII GIL Ratio GIL Ratio GIL Ratio NIL Ratio NIL Ratio NIL Ratio 3.51 2.29 2.25 2.09 2.15 2.18 2.89 2.00 0.62 2.24 0.53 0.53 0.53 2.21 2.10 1.99 0.45 2.43 0.44 2.00 1.59 1.20 1.30 1.48 1.48 1.10 1.10 0.33 0.32 1.00 1.28 0.32 0.31 0.29 0.90 0.2
Slide 23: Robust capital ratios under Basel 3
Robust capital ratios under Basel 3 Assuming 85% Full Full reinvestment electable electable rate portion portion paid reinvested in cash 14.17% 14.76% 14.86% 11.41% 12.00% 12.11% 9.51% 10.10% 10.20% 31 Mar 13 31 Mar 13 31 Mar 13 Total Capital Ratio Tier 1 Capital Ratio CET 1 Capital Ratio 14.31% 15.
Slide 24: Basel 3 Comparison for capital position as at 31 Dec 2012 against 31 March 2013
Basel 3 Comparison for capital position as at 31 Dec 2012 against 31 March 2013 Assuming 85% Assuming 85% reinvestment reinvestment rate rate 15.86% 14.76% Total Capital ratio lower mainly due to assets growth as 12.45% 12.00% well as gradual phase-out treatment of Tier 1 and Tier 2 capital instrume
Slide 25: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 23 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 26: Economic Outlook: Malaysia
Economic Outlook: Malaysia Real GDP growth of 5.3% in 2013 (2012: 5.6%) Investment will remain a key growth driver with rollout of ETP projects. Inflation rate to stay moderate at 1.8% (2012: 1.6%) No change expected in the OPR (3.00%) Expect MYR of 2.98 vs the USD at end-2013 4.0 3.5 3.0
Slide 27: Economic Outlook: Singapore
Economic Outlook: Singapore Singapore‟s economy contracted by 0.6% YoY in Q1 2013 (vs. +1.5%in Q4 2012), dragged by a sharp drop in manufacturing output (-6.5%) Full-year GDP growth should however come in at between 1-3% (vs. 1.2% in 2012) as external demand improves. A slightly lower inflatio
Slide 28: Economic Outlook: Indonesia
Economic Outlook: Indonesia Economy to sustain above-6% growth (2013 estimate of 6.3% vs 2012: 6.2%) on domestic demand, FDI & infrastructure developments Higher inflation rate (2013 estimate of 5.3% vs 2012 estimate of 4.3%) on horticulture and meat import restriction following electricity tari
Slide 29: Guidance for FY2013 (1/2)
Guidance for FY2013 (1/2) Mixed economic outlook in key • More robust economic growth in Malaysia towards 3Q as corporate activity markets picks up • Potential tightening of monetary policy and slower than anticipated subsidy rationalisation may weaken investor momentum in Indonesia • Flat economic
Slide 30: Guidance for FY2013 (2/2)
Guidance for FY2013 (2/2) Asset quality to be monitored • Continuous monitoring of corporate/business banking accounts and closely macroeconomic conditions • Provisioning on specific accounts where required and continued focus on raising loan loss coverage • Management maintains guidance on 10 bps i
Slide 31: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 23 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 32: Mortgage grew 9.5% annualised with continued improvement in asset quality
Mortgage grew 9.5% annualised with continued improvement in asset quality Continued growth in loan balances despite intense competition Asset quality continued to improve +14.3% YoY +9.5% annualised 48.5 49.6 45.2 46.9 43.4 1.9% 7.5 7.8 1.6% RM billion 7.1 1.3% 6.6 6.1 1.1% 1.0% 39.8 40.9 41.8 37.3
Slide 33: Auto Finance business continued to improve in volume and market share
Auto Finance business continued to improve in volume and market share Continued growth momentum in Auto Finance* Improvement in market share +12.1% YoY 20.6% 21.0% 20.4% 20.5% 2.0% +10.0% annualised 20.5% 20.2% 31.4 19.9% 30.7 20.0% 1.5% 29.9 29.1 19.5% 28.0 RM billion 19.0% 1.0% 18.5% 0.6% 0.5% 0.5
Slide 34: Cards business growth ahead of industry in most key areas
Cards business growth ahead of industry in most key areas Cards Market Share Cards business outperformed industry in most areas Mar 13 Mar 12 YoY Maybank Industry* Cardbase 18.2% 18.1% Cardbase 1.8% 1.0% Billings 26.4% 24.7% Billings 14.6% 7.1% Receivables 15.3% 15.4% Receivables 1.0% 1.4% Merchant
Slide 35: Business Banking and SME expanding loans base, improving asset quality
Business Banking and SME expanding loans base, improving asset quality Business Banking & SME Loans grew 7.4% of which SME Deposits growth at 8.9% growth was at 17.1% +8.9% YoY +7.4% YoY (1.1)% annualised +4.7% annualised 56.3 56.1 26.9 27.5 27.1 27.4 53.2 53.7 25.6 51.5 4.6 4.7 4.9 5.1 4.4 RM billi
Slide 36: Customer Segmentation: Continued growth in TFA and cross selling ratio
Customer Segmentation: Continued growth in TFA and cross selling ratio HNW & Affluent Customer TFA grew 16.4% Mass Customer TFA grew 9.2% +16.4% YoY +9.2% YoY +11.9% annualised +9.9% annualised Total TFA (RM billion) Total TFA (RM billion) 121.1 95.3 117.6 93.0 90.9 111.6 89.5 107.9 87.3 104.0 Mar 1
Slide 37: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 21 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 38: Global Banking: Domestic Corporate Banking
Global Banking: Domestic Corporate Banking Total GB loans increased by 7.0% YoY to RM63.6 billion Trade Finance market share3 easing due to settlements RM billion 32.7 +15.1% Term Loan 32.5 YoY 26.7% 26.5% 28.4 26.3% 26.3% 26.0% 28.4 Trade Finance (0.4)% and Others1 29.4 YoY 28.5 Mar '12 Jun '12 Sep
Slide 39: Global Banking: Regional Global Markets
Global Banking: Regional Global Markets PBT and Revenue contracted by 2.4% and 4.8% YoY Group Securities Portfolio grew 20.9% Y-o-Y respectively Non-Interest Income +20.9% YoY Net Interest Income (4.8)% 86.1 (2.4)% 80.4 665 71.2 70.9 71.1 6.3 Others 633 7.4 540 527 4.6 5.2 5.0 PDS 258 37.6 33.9 RM m
Slide 40: Global Banking: Notable Deals in 1Q FY2013
Global Banking: Notable Deals in 1Q FY2013 NOTABLE DEALS COMPLETED FROM JAN –MARCH 2013 Malaysia Malaysia Malaysia Malaysia Malaysia DanaInfra Nasional Berhad Turus Pesawat Sdn Bhd Malakoff Corporation Bhd Sime Darby Global Berhad Jati Cakerawala Sdn Bhd RM 300 million RM 5.3 billion RM 5.8 billion
Slide 41: 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 – Equity & Rights Offering bank and broking house with presence in 10 locations. Maybank Kim Eng has also been the No. 1 broke
Slide 42: Maybank Kim Eng
Maybank Kim Eng 1Q FY2013 Total Income (RM million) 1Q FY2013 Total Income for Maybank Kim Eng rose by Malaysia 134.3, 33% 40.8% QoQ and 20.6% YoY Others +20.6% YoY 13.9, 3% +40.8% QoQ Hong Kong 410.1 8.0, 2% 339.9 RM million Indonesia Singapore 291.2 8.6, 2% RM410.1 mil 66.4, 16% Philippines 29.5,
Slide 43: Maybank Kim Eng: Maybank IB (Malaysia) Industry Position & Market Share
Maybank Kim Eng 1Q FY2013 Maybank IB‟s (Malaysia) Industry Position & Market Share 1Q FY2013 (Jan-Mar 2013) FY 2012 Industry Total Industry Market Deals / Market Movement Rank by Value Rank by Share Issues Share of ranking Value (RM bil) Value Equity & Rights 1 56.1% 1.1 3 2 19.7% +1 Offerings1 M&A1
Slide 44: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 21 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 45: Maybank Singapore: Earnings Summary
Maybank Singapore: Earnings Summary (SGD‟ mil) 1Q FY2013 1Q FY2012 YoY 4Q FY2012 QoQ Net Fund Based income 105.7 117.8 (10.3)% 121.5 (13.0)% Net Fee Based income 72.8 62.4 +16.5% 62.3 +16.8% Net income 178.5 180.2 (1.0)% 183.8 (2.9)% Overhead expenses 70.1 83.8 (16.3)% 66.7 +5.2% Operating profit 10
Slide 46: Maybank Singapore
Maybank Singapore Diversified Loan Portfolio 5.9% Loans portfolio stood at SGD27.6b as of March annualised 24.3 2013, 13.6% or SGD3.3b YoY growth. 27.2 27.6 Other (Consumer) Business loans increased 23.9% or S$3.5b to 1.3 1.5 1.6 3.3 3.1 3.0 Car Loan reach new high of SGD18b, led by lending to C
Slide 47: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 21 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 48: Earnings Summary
Earnings Summary (IDR‟ bil) 1Q FY2013 1Q FY2012 YoY 4Q FY2012 QoQ Net Fund Based income 1,380 1,168 +18% 1,366 +1% Net Fee Based income 638 628 +2% 512 +25% Net income 2,018 1,796 +12% 1,877 +8% Overhead expenses (1,461) (1,247) +17% (1,228) + 19% Personnel (566) (584) (3%) (560) +1% General & Admin
Slide 49: BII: Continued strong performance bankwide
BII: Continued strong performance bankwide. Impressive growth in deposits Loans composition (Consolidated) Net Interest Margin (Consolidated) Loans growth of 14% YoY and LDR improved to 88.0% NIM decreased to 5.32% 75.9 80.9 79.7 69.8 73.5 Rp trillion 27.2 28.3 29.3 5.89% 5.88% 5.73% 26.0 26.7 5.51%
Slide 50: BII: Branches and touch points expansion on track
BII: Branches and touch points expansion on track and continued strong growth in PATAMI PATAMI Branches and ATM 1,317 1,388 1,208 1,237 1,152 1,190 1,218 952 822 725 669 740 787 634 469 461 353 309 351 368 375 389 415 415* 255 327 249 (41) Dec-08 Dec-09 Dec-10 Dec-11 Mar-12 Jun-12 Sep-12 Dec-12 Mar-
Slide 51: WOM Finance: Profit improved due to continued focus on underwriting
WOM Finance: Profit improved due to continued focus on underwriting and cost efficiencies despite motorcycle business impacted by new regulations but overall Revenue and PBT (Rp billion) Unit Financing (thousand unit) 142 400 116 113 369 374 324 83 26 30 53 40 -22 10 YTD Mar 12 YTD Mar 13 New Used T
Slide 52: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 21 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 53: Group Islamic Banking
Group Islamic Banking Group Islamic Banking Income and PBT* Market Share Mar 13 Dec 12 YoY RM million 1Q FY13 1Q FY12 4Q FY12 Growth AITAB* 31.0% 30.0% Fund based income 475.3 375.6 26.5% 396.4 Mortgage 21.8% 21.4% ** Other operating income 144.0 159.2 -9.5% 130.1 Term Financing 23.3% 23.3% Total in
Slide 54: Insurance and Takaful: Etiqa
Insurance and Takaful: Etiqa Premium Life / Family (New Business) Market Share Single Premium -14.9% AIA & ING Ins. & Tak. 18.7% Regular Premium +3.8% Etiqa Ins. & Tak. 18.7% No. 2 in Life/Family Credit Premium +23.5% 1Q FY13 (New Business) Prudential Ins. & Tak. 13.8% Group Premium +10.9% 1Q FY12 0
Slide 55: Maybank Philippines: PBT grew 55.9% fueled by hefty trading gain
Maybank Philippines: PBT grew 55.9% fueled by hefty trading gain Revenue and PBT 1Q FY2013 PBT increased 55.9% YoY largely contributed +36.8% by increase in Non Interest Income from realised gain 944.0 from trading of securities and mark-to-market gain recognised on held-for-trading securities. 69
Slide 56: Table of Contents
Table of Contents Overview of 1Q FY2013 Results 2 Financial Performance 5 Prospects & Outlook 21 Appendix: Business Sector Review 1) Community Financial Services 29 2) Global Banking 35 3) Maybank Singapore 42 4) Bank Internasional Indonesia 45 5) Other segments 50 6) Affiliates 53 Financial Results
Slide 57: An Binh Bank: PBT declined 26.6% YoY due to NIM compression
An Binh Bank: PBT declined 26.6% YoY due to NIM compression 1QFY13 PBT declined by 26.6% compared to 1QFY12 due Revenue and PBT a 32.6% decline in Net Interest Income due to NIM -11.0% compression as the State Bank of Vietnam (SBV) reduced the discount rate by 500bps during 2012. 433.3 385.8 Ove
Slide 58: MCB Bank: PBT rose 1.9% YoY despite slow credit demands
MCB Bank: PBT rose 1.9% YoY despite slow credit demands 1Q FY2013 PBT rose 1.9% YoY or PKR8.9 billion. Revenue and PBT -8.0% However, revenue dropped by PKR1 billion due to NIM compression from the reduction in policy rate 13.2 12.2 by 250 bps during 2012 +1.9% Gross loans dipped 0.03% as credit
Slide 59: Malayan Banking Berhad Contact
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) — Q1 FY2013 Earnings Presentation on 6ix