More than 10,000 Maybank Group employees worldwide joined together for the first time in a global CSR initiative last Saturday, November 20, 2010. This is part of Maybank’s 50th anniversary celebration themed “Close to You”, and created a milestone for a Malaysian financial institution as the first to organize such an event in Malaysia across its global network.
The Group-wide CSR program has involved its international operations in Singapore, Indonesia, Philippines, Brunei, Cambodia, Vietnam, Hongkong, Shanghai, Beijing, Bahrain, London, New York and Papua Guinea. The activities undertaken during this simultaneous event focused on five key areas of Maybank’s CSR efforts, namely education, welfare, sports, environment and health & medical needs.
”Its momentous occasion for us and a noble opportunity for each and every Maybanker to engage in community outreach in every location where Maybank operates, “ said Dato’ Sri Abdul Wahid Omar, President & CEO Maybank Group, in a press statement.
“This one day reaffirms our commitment to be close to communities. It is also our employees’ strong call to action in living up to our mission to humanize financial services across Asia. In preparation for this, Maybankers have contributed their own funds as well as organized various fund raising activities for their respective projects.”
In the Philippines, 3 groups have been mobilized for the one-day outreach.
Maybank volunteers based in Metro Manila hosted a “Children’s Day” in Maharlika Village, a Muslim resettlement community in Taguig City, and prepared fun games and conducted a story-telling session for the kids present. The group was joined by Maybank Philippines PCEO Amos Ong, who led the turnover of books and cash donations to nearby Maharlika Elementary School. Maybankers also handed out goodie bags filled with school supplies to the children present and helped out in the on-going medical mission.
Luzon-based Maybankers on the other hand marked the day by giving away food and grocery packs to some 100 indigent families in San Fernando, Pamapanga, while Maybankers in the Vis-Min region visited the Padre Pio House of Children and brought toiletries, basic food items and other necessities needed by the orphanage.
Improved performance across all key business segment plus strong growth in key overseas units
MAYBANK (Malayan Banking Berhad), Malaysia's largest and strongest banking group, recently announced a record Group pre-tax profit of USD1.71 billion (RM5.37 billion)
compared to USD53 million (RM1.67 billion) posted in 2009.
Net profit after tax thus jumped to USD1.22 billion (RM3.82 billion) from USD 221 million (RM691.9 million) previously, equivalent to a 452% surge. In the last financial year,
the Group's results were impacted by the USD63 million (RM1.97 billion) impairment charge on its investment in Bank Internasional Indonesia (BII) and MCB Bank.
The results were achieved on the back of higher revenues across all key business segments. The significant profit growth likewise affirms the Group's vision and strategy to
entrench itself as a clear leader in the Malaysian market and emerge as a regional financial services leader by 2015. It also bears testimony to the benefits of the Group's
transformation efforts which are now being accelerated with the performance improvement initiatives embedded within each Sector to propel Maybank forward for the next
phase.
Maybank in the Philippines
Maybank is Malaysia's leading financial services group and ranked #4 in Southeast Asia. It has presence 14 countries worldwide, including key financial centers such as
Hong Kong, Singapore, Shanghai, New York and London. In the Philippines, Maybank has 50 branches nationwide, 25 of which concentrated in key locations within
Metro Manila.
Maybank Philippines recently inaugurated its newest branch in Bonifacio Global City with senior Maybank officials from Head Office, local Directors, key MPI
officers, and select clients and guests attending the event. Leading the ceremonial ribbon-cutting are Maybank Group's incoming and outgoing Chairmen Tan
Sri Dato' Megat Zaharrudin and Tan Sri Mohamed Basir Ahmad, as well as the Honorable Vice-Mayor of Taguig City, Atty. George Elias.
The opening of a new branch in this emerging business district affirms once more Maybank's commitment to serve the banking needs of its customers in the best way it can, and in the best way possible. Now on its 12th year in the Philippines, Maybank still chooses to reach out and be more accessible, available and attractive to its target customers by being present where they are. Bonifacio Global City is positioned to be a natural extension of the Makati Central Business District, and in the last six years business has boomed within the area as various institutions and commercial establishments have made this rising hub their new address. Maybank Global City is located at the corner of 2nd Avenue and 30th Street, Crescent Park West, Bonifacio Global City, Taguig City.
For the second year running, Malaysia's largest and strongest bank, MAYBANK, has emerged as Malaysia's Most Valuable Brand with a brand value of
USD 12.85 Billion (Php 127.67 Billion).
The rankings were based on a valuation study commissioned by the Association of Accredited Advertising Agents (4As) Malaysia and The Edge Malaysia,
a leading paper on business and investment, and conducted by leading brand consultancy Interbrand.
The annual study has placed Malaysia among the few Asian countries the recognize the value of brands as business and economic assests. In this time of financial turmoil, the study reinforces the important role of BRANDING in building trust, differentiating one offer from another, and eventually enabling the customer to choose. In the long haul, brands can be very powerful drivers of recovery.
Datuk Seri Abdul Wahid Omar, President and CEO of Maybank, recieved the award in behalf of the bank and affirmed the brand's aim to be recognized not
only in Malaysia, but also in the Southeast Asian region as well. Maybank is present in 12 countries worldwide, including key financial centers such as
Shanghai, Hong Kong, London, New York, Singapore, Jakarta and Bahrain. In the Philippines, Maybank has a network of 45 branches nationwide, 20 of
which are located in strategic areas in Metro Manila.
MAYBANK, Malaysia’s largest and strongest bank, has been ranked among the Top100 Banks in the Asia Pacific by The Asian Banker 300 (AB300), an annual listing of the financial and business performance of the commercial banking industry in the region. The study comprises two different lists: the first ranks the top 300 banks in the region by asset size, and the second ranks those same 300 largest banks according to strength.
Maybank, the parent bank of Maybank Philippines, is ranked #52 Largest, with assets worth US$ 61.014 billion. The ranking was an improvement from last year’s figures – up 7 notches from 59, and a 16.8% increase in asset size. In fact, Maybank’s asset size even surpasses the Philippines’ six biggest banks combined. As far as the strength ranking is concerned, the AB300 measures a bank’s scale, balance sheet growth, risk profile, profitability and asset quality using eleven key indicators: asset size; year-on-year growth in loans, deposits and operating profit; risk index; capital adequacy ratio; return on assets; cost-to-income ratio; non-interest income as a percentage of total income; bad loan coverage ratio and non-performing loan ratio.
Maybank is ranked #11 by AB300 according to strength. Maybank is present in 12 other countries worldwide, including key financial centers such as Shanghai, Hong Kong, London, New York, Singapore, Jakarta and Bahrain. In the Philippines, Maybank has a network of 45 branches nationwide, 20 of which are concentrated in strategic Metro Manila areas.
