Wednesday, October 27, 2010


Malayan Banking (Maybank)

Malayan Banking Berhad (Maybank) is engaged in the business of banking and finance. The Company's subsidiaries are principally engaged in the businesses of banking and finance, Islamic banking, investment banking, including stock broking, general and life insurance, general and family takaful, trustee and nominee services, asset management and venture capital. The Company operates in four segments: Banking, Investment Banking, Insurance and Takaful, and Others. It has operations in Indonesia, Pakistan and Vietnam, and also has presence in Singapore, the Philippines, Brunei Darussalam, Cambodia, Papua New Guinea, Hong Kong SAR, Republic of China, Bahrain, Uzbekistan, the United Kingdom and the United States. During the fiscal year ended June 30, 2009, (fiscal 2009), the Bank completed the acquisitions of Bank Internasional Indonesia (BII), MCB Bank Limited (MCB Bank) of Pakistan and An Binh Commercial Joint Stock Bank (ABBank), Pakistan and Vietnam respectively are some of the list of Maybank

- Singapore: Maybank Singapore, (largest foreign bank in Singapore),
- Brunei: Maybank Negara Brunei
- Indonesia: WOM Finance and parent PT Bank Internasional Indonesia (BIL), 8th largest bank
- Pakistan: MCB Bank
- Vietnam: Maybank Vietnam; and An Binh Bank (AB Bank)
- Philippines: Maybank Philippines (Republic Savings Bank)
- Cambodia: Maybank Cambodia
- Papua New Guinea: Maybank PNG
-Kim Eng (biggest stockbroker in Thailand, second in Philippines, third in Indonesia, and fourth biggest in Singapore)

Maybank made record profits of RM 3.82 billion in its latest financial year (FYE Jun 10).What a contrast from a year ago, when the country biggest bank had to make huge provisioning on its pricey acquisitions, the most controversial being the purchase of Bank Internasional Indonesia (BII). we can look the Indonesian operations is now seen as the Maybank's next growth story. Congratulations Maybank :P


Same in operations but different in strategy, CIMB come no 2 largest bank in Malaysia behind Maybank. However, CIMB look more stable in profits growth and its show in last financial report where latest net profits RM 3.05b (FYE 09/10) compare to RM 2.01b (FYE 08/09) before. here some of the CIMB operations around the world.

- Singapore: CIMB Bank Singapore and CIMB-GK (G.K. Goh)
- Indonesia: CIMB Niaga (Bank Niaga and Bank Lippo), 6th largest bank
- Thailand: CIMB Thai (Bank Thai PCL)
- Brunei: CIMB Brunei
- China: Bank of Yingkou (20%)

p/s: as 25 JAN 2011,
*Maybank market capitalisation = RM 64.50 billion
*CIMB market capitalisation = RM 62.65 billion

No comments:

sponsor II