Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Shareholder Meeting (June 2020)
19 slides from Malayan Banking Bhd's shareholder meeting presentation, Jun 26, 2020
Slide 1: 60th Annual General Meeting
60th Annual General Meeting Presentation to Shareholders by Datuk Abdul Farid Alias, Group President & CEO 26th June 2020
Slide 2: Macroeconomic headwinds affecting operating landscape
Macroeconomic headwinds affecting operating landscape Major undercurrents from 2018 set the …and weighed on our home markets’ tone throughout 2019… FY2019 performance Dawn of the US-China trade war in 2018 Home markets’ economic growth was affected continued to dampen global trade activities and
Slide 3: Maybank Group delivered a solid FY2019 performance
Despite a weaker external environment, Maybank Group delivered a solid FY2019 performance 1 Net operating income up 4.6% YoY supported by: 2 Low single-digit overheads growth of 2.8% YoY: 47.5% +4.6% Net fee based income (NOII): 46.7% • Stable core fees CIR 24.74 • Realised trading and 23.66 inves
Slide 4: Key highlights of 2019
Key highlights of 2019 Group Community Financial Services (CFS) Key Awards in 2019 PBT growth of 16.5% YoY to RM6.49 billion • We received ‘Brand of the year’ award for the Supported by solid franchise growth, advancement in sixth consecutive year at Wealth Management and digital innovations in the
Slide 5: Highlights of our sustainability initiatives in 2019
Highlights of our sustainability initiatives in 2019 Group Sustainability ESG Specialist Client ESG Driven Council Support Teams Lending Principals We formed a dedicated Group We established an ESG specialist We incorporated ESG principles Sustainability Council in 2019 team within the bank to suppo
Slide 6: Digital highlights for 2019
Digital highlights for 2019 Products & Services MAE Tap2Phone Smile App Etiqa API Portal SWIFT gpi A lifestyle-themed First bank in SEA to launch Etiqa’s all-in-one app that Enables third party software First local bank in Malaysia e-wallet, available to this payment solution for enables customers t
Slide 7: Heightened challenges in 2020 operating landscape
Heightened challenges in 2020 operating landscape Ending 2019 with persisting uncertainty… …but took an unexpected turn with the global outbreak of a virus Initial spread of COVID-19 in China in December With the rapid spread of the COVID-19 virus in 2019 was expected to weigh on economic 1Q’20,
Slide 8: Maybank's 1Q FY2020 performance remained strong on fee income growth
Maybank’s 1Q FY2020 performance remained strong on fee income growth as the health crisis had just begun 1 Net operating income grew 14.7% YoY supported by: 2 PPOP improved by 23.9% YoY driven by: 47.9% +14.7% Net fee based income (NOII): CIR 43.7% 6.72 • Realised bond disposal gains and 5.86 unre
Slide 9: Net fund based income under pressure given rate cuts
However, net fund based income is under pressure given consecutive rate cuts impacting NIM and declining GDP affecting loan growth… Policy Rates (%) Group NIM 5-Year Trend ...Group NIM expected to 2018 2019 2020F compress further in FY2020 on USA 2.375 1.625 0.125 aggressive interest rate cuts MY 3.
Slide 10: We have always prioritised liquidity strength
We have always prioritised liquidity strength and will do so in this environment, especially given market volatility Liquidity Risk Indicators LCR LDR LTF LTFE 151.9% 141.0% 138.2% 133.1% 132.4% • Focus on stable liquidity risk indicators, as seen over the years 93.9% 93.4% 95.2% • Maintain stipulat
Slide 11: Well capitalised levels enable us to enter this crisis from strength
Our well capitalised levels enable us to enter this health pandemic-induced crisis from a position of strength Group Capital Positions Before proposed dividend After proposed full cash dividend 19.02% 19.39% 19.67% 18.23% 18.50% 15.98% 16.49% 16.73% 15.33% 15.56% 15.03% 15.73% 15.96% 14.58% 14.79% D
Slide 12: Emphasis on operational resilience during the COVID-19 pandemic
Emphasis on operational resilience during the COVID-19 pandemic • We began progressively rolling out Business Continuity Management measures across our footprint and network Group-wide since January 2020, before the COVID-19 outbreak was declared a pandemic. • Our efforts are focused on maintaining
Slide 13: Leveraging digital platforms to support transactions during COVID-19
Leveraging digital platforms to support transactions during the COVID-19 pandemic New / Enhanced Digital Initiatives • Online application of moratorium and relief programmes (Malaysia & Singapore) • Opening of business accounts via Maybank2u (Malaysia). 37% of all business accounts opened in March’2
Slide 14: Continued prioritisation of digital solutions in 2020
Continued prioritisation of digital solutions in 2020 In Malaysia • First in Malaysia to offer the ability for New-to-Bank SMEs to open a business account instantaneously via Maybank2u • Launch of Sama-Sama Lokal to help small local businesses sustain their sales • GrabPay customers can directly lin
Slide 15: Supporting our customers during the COVID-19 pandemic
Supporting our customers during the COVID-19 pandemic • Priority is to support the domestic economies of our home markets. Customers • To work with affected borrowers to ensure viable solutions that support Retail/Consumer Non-Retail/Corporate employment and prevent business • Repayment • Deferment
Slide 16: Supporting employees & communities during the COVID-19 pandemic
Supporting employees & communities during the COVID-19 pandemic As a bank that places people at the heart of all that we do, we will continue playing our part in helping all stakeholders, including our communities, get through this unprecedented event in line with our mission of Humanising Financial
Slide 17: Maybank performance outlook for FY2020
Maybank performance outlook for FY2020 1 Pursue revenue related leads while managing NIM compression • Mitigate potential NIM compression of up to 15bps by prioritising CASA growth • Pursue NOII opportunities through investment and trading portfolio and debt capital market deals 2 Continued cost man
Slide 18: Our heartfelt gratitude to all frontliners
Our heartfelt gratitude to all frontliners around the world who placed themselves at risk to serve and save lives. A special thank you to the Maybankers who ensured the continuity of our operations in serving customers, especially at the branches, throughout this health pandemic. Thank you to all sh
Slide 19: Malayan Banking Berhad contact details and disclaimer
Humanising Financial Services MALAYAN BANKING BERHAD 14th Floor, Menara Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur, Malaysia Tel : (6)03-2070 8833 www.maybank.com Disclaimer. This presentation has been prepared by Malayan Banking Berhad (the “Company”) for information purposes only and does not
Malayan Banking Berhad (Maybank) — Shareholder Meeting (June 2020) on 6ix