, a trade name for '''Malayan Banking Berhad''' is the largest Bank and Financial Group in Malaysia , with significant personal banking operations in Brunei , Singapore and the Philippines as well. The bank also has large interests in Islamic Banking and Insurance via its '''Takaful''' subsidiary. Maybank is the largest bank in Malaysia with over 334 domestic branches and over 34 international branches.Maybank is the second largest listed company in Bursa Malaysia with a market capitalisation of over RM RM47.04billion as of May 2007.
, Maybank's main headquarters.]]
operates a full range of commercials as a number of local banks around the world, corporate, and private banking services, with a network of more than 450 branch offices and more than 2,500 ATM machines in Malaysia. The company operates more than 20 branches throughout Singapore providing a full range of banking and financial products and services. Maybank also gained its licenced in the Philippines and also has a banking presence in most of the other Southeast Asian markets, including Brunei , Papua New Guinea , Indonesia , and Vietnam . The bank also operates branches in New York and London , noted to be the bank with attitude towards its customers, as the quality of services vary from customer to customer and not all of them are treated as equal.
Maybank was the first Malaysian bank granted the right to establish a branch office in China , a particularly important market given the large and economically powerful ethnic Chinese population in Malaysia. Beside its commercial banking network, Maybank operates a number of specialized subsidiaries in the insurance, investment banking and assets management, and finance sectors. The group's subsidiaries include , '''Mayban Life Assurance''', and '''Mayban Takaful''', the latter focusing on developing insurance products compatible with Muslim law; the Aseam group, including '''Aseam Credit''', '''Aseamlease''', '''Aseam Unit Trust''', and '''Aseambankers Malaysia Bhd'''; '''Mayban International Trust''', '''Mayban Discount''', and '''Mayban Investment Management'''; and '''Maybe Securities'''.
Maybank was founded by Malaysian business tycoon , who died in 2004. However, the company has been led by President and CEO '''Amirsham A. Aziz''' for some two decades. As of December 31, 2006, Maybank was the largest Malaysian bank, boasting assets worth $66.7 billion, placing it among the top 120 banks worldwide. Malayan Banking is also a listed corporation on the Kuala Lumpur Stock Exchange .
, Maybank's main headquarters in Singapore.]]
Total Assets = 64 billion USD.
Net Profit (FY 2005/2006) = 0.80 billion USD
Total Assets = 56 billion USD.
Net Profit (FY 2005/2006) = 0.70 billion USD
- 1960 - The bank was formed and founded by Malaysian business tycoon
- 1964 - The company established
- 1973 - Forming its own investment banking subsidiary, Aseambankers Malaysia Berhad ()
- 1975 - establishment of a joint venture, '''Kota Discount Berhad''', in partnership with a group of Kuala Lumpur-based investors
- 1986 - Acquired a majority stake in Kota's which renamed to in 1989
- 1987 - set up to provide stockbroking and other investment services
- 1990 - The new passed and the bank set up new operations in the Federal Territory of '''Labuan'''
- 1990 - has been added, a subsidiary focused on the management of unit trust funds
- 1992 - Maybank launching
- 1993 - Acquisition of then relaunched as '''Mayban Life Assurance'''
- 1994 - Set up a subsidiary in , which opened 2 branch offices in '''Port Moresby''' and '''Lae'''
- 1996 - Entered a joint-venture with ( Indonesia ), bringing the Maybank name to the Indonesian market
- 1997 - Joined forces with , acquiring 60 percent stake of the former '''Republic Savings Bank'''
- 1997 - Renamed its new subsidiary Maybank Philippines Inc. (MPI) which later gained full control of the enterprise
- 1997 - Acquired through and establishment of the real estate and property development '''vehicle Philmay Property Inc.'''
- 2000 - network boasted nearly 60 branches across the Philippines
- 2000 - Merger completed with the and the '''PhileoAllied Bank''' after Malaysian Government directive.
- 2000 - the corporate cracked the world top 120 banks for the first time
- 2001 - Opened a branch office in Shanghai after gaining a licence in China
- 2001 - Applied for a license to begin operations in Bahrain
- 2002 - Launched of begin promoting Takaful insurance products
- 2004 - Failed in a bid to take over
- 2005 - Finally received approval to launch a takeover bid, through its Aseambankers subsidiary, of
- 2005 - Acquired, via the Insurance Company Mayban Fortis, and '''Takaful Nasional'''
- 2007 (May) - Maybank courted controversy when it set out a guideline via an internal circular requiring law firms that intend to deal with the bank to have at least three partners, where one must be a Bumiputra . The guideline was accused of being discriminatory. However, although it is not an official Government policy, it is a norm in Malaysian banking and legal practice, and is tacitly approved by the Malaysian Government. Owing to the concrete proof from the internal circular that such a practice exists, the Malaysian Cabinet of Ministers had to order the bank to cease such practices, although there is still no stopping the bank (and all other Malaysian banks) to continue with such practices unofficially.
- Aseam Credit Sdn Bhd
- Aseam Malaysia Nominees (Asing) Sdn Bhd
- Aseam Malaysia Nominees (Tempatan) Sdn Bhd
- Aseambankers Malaysia Bhd
- Aseamlease Bhd
- Mayban (Nominees) Sdn Bhd
- Mayban Discount Bhd
- Mayban General Assurance Bhd
- Mayban International Trust
- Mayban International Trust (Labuan) Bhd
- Mayban Investment Management Sdn Bhd
- Mayban Life Assurance Bhd
- Mayban Life International (Labuan) Ltd
- Mayban Nominees (Asing) Sdn Bhd
- Mayban Nominees (Hong Kong) Ltd
- Mayban Nominees (Singapore) Pte Ltd
- Mayban Nominees (Tempatan) Sdn Bhd
- Mayban Offshore Corporate Services (Labuan) Sdn Bhd
- Mayban Securities (Holdings) Sdn Bhd
- Mayban Securities Nominees (Asing) Sdn Bhd
- Mayban Securities Nominees (Tempatan) Sdn Bhd
- Mayban Securities Nominees Sdn Bhd
- Mayban Securities Sdn Bhd
- Mayban Takaful Berhad
- Mayban Trustees Bhd
- Mayban Unit Trust Berhad
- Mayban Venture Capital Co Sdn Bhd
- Mayban Ventures Sdn Bhd
- Maybank (PNG) Ltd
- Maybank International (L) Limited
- Maybank International Islamic Banking Operations
- Maybank Philippines Inc
- Mayfin Nominees (Tempatan) Sdn Bhd
- Philmay Holding Inc.
- Philmay Property Inc.
- PT Bank MayBank Indocorp
- RPB Venture Capital Corporation.
- Maybank
- Maybank International (L) Limited
- Maybank Philippines Inc
- Maybank (PNG) Ltd
- PT Bank MayBank Indocorp
- Mayban General Assurance Bhd
- Mayban Life Assurance Bhd
- Mayban Life International (Labuan) Ltd
- Mayban Takaful Berhad
Finance
- Aseam Credit Sdn Bhd
- Aseamlease Bhd
- Aseambankers Malaysia Bhd
- Mayban Discount Bhd
- Mayban Investment Management Sdn Bhd
- Mayban Securities Sdn Bhd
- Mayban Securities (Holdings) Sdn Bhd
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