maybank fy2012 analyst presentation

7/29/2019 Maybank FY2012 Analyst Presentation

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Investor Presentation

Financial ResultsFourth Quarter & Full Year FY2012

21 February 2013

www.maybank.com


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Table of Contents

Financial Performance

Prospects & Outlook

Financial Results: 12 Months FY2012 ended 31 December 2012

Appendix: Business Sector Review

13

2

31

1) Community Financial Services

2) Global Wholesale Banking

3) Maybank Singapore

4) BII

5) Other segments

6) Affiliates

7) Data tables & Glossary

39

45

52

55

61

64

67

Executive Summary


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Maybank records net profit of RM 5.7 billion, an increase of 17.6% YoY (FY2011: 16.6%)

Maybank delivers on profitable and responsible growth strategy in 2012

Superior shareholder value creation with ROE of 16.0% exceeding headline KPI of 15.6%

Strong balance sheet with total assets of RM495 billion and RWCAR of 17.2%

Asset quality continued to improve with Net Impaired Loans ratio of 1.09% and Loan LossCoverage of 105.6%

Final net dividend of 28.5 sen per share amounting to RM2.4 billion. This brings totalFY2012 net dividend to RM4.29 billion representing a net dividend payout ratio of 74.7%.

Strengthened its domestic leadership with loans growing faster than industry's at 11.8%YOY

Continued international expansion with overseas profit contribution growing to 30% (up45.4% YoY) of Group profit. Maybank Singapore's PBT crossed RM1 billion mark whilst BIIcontributed RM554 million to Group PBT

Maybank Islamic maintained its leadership with PBT of RM1.19 billion (up 25.0%) and totalgross financing growing 18.3% to RM62.0 billion (representing 30.6% of Maybank Group'stotal domestic financing)

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Growth across domestic & regional operations with double-digit performance across keyfinancials

FY2012RM bil

CY2011RM bil

% YoY

PATAMI 5.74 4.88 +17.6%

PBT 7.89 6.88 +14.8%

Domestic 5.51 5.24 +5.2%

International 2.38 1.64 +45.4%

Net Income 16.60 14.82 +12.0%

Net Fund Based

Income 10.18 9.19 +10.8%

Net Fee BasedIncome

6.42 5.63 +14.0%

Gross Loans 317.3 282.8 +12.2%

Domestic 199.8 178.6 +11.8%


Gross Deposits 347.2 314.7 +10.3%

Domestic 227.3 209.5 +8.5%



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Despite pressures domestically & internationally, we were in line with targets & aheadof industry in Malaysia and Singapore

Key Performance Indicators FY2012Targets

MaybankAchievement

IndustryAverage

Headline KPIs

Return on Equity* 15.6% 16.0% -

Loans and Debt SecuritiesGrowth

15.2% 12.9% -

Other targets

Group Loans Growth 16.2% 12.2% -

Malaysia 13.6% 11.8% 10.4%

Singapore 11.4% 10.5% 10.4%

Indonesia 20.9% 20.8% 23.1%

Group Deposits Growth 12.3% 10.7% -

*ROE FY2012 includes weighted reallocation of additional RM3.66 bil capital raised in October 2012

Notes:

Peer comparisons are based on YTD 3Q FY2012 results (annualised) of selected banks. Headline KPIs, group loans growth and group deposits growthare based on the the average for selected Singaporean & Malaysian banks with regional operations. Loans growth is based on the average annualisedloan growth rate for loans disbursed in the respective market by selected banks.

Peer Average(Based on YTD 3Q FY2012)

Peer

15.7%

5.4%

5.9%

9.0%

11.8%

20.4%

6.1%


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Our operating ratios reflect on the improving fundamentals

(%) FY2012 CY2011 Variance FP11 FY10/11

Net Interest Margins 2.41 2.53 (FP11) (12 bps) 2.53 2.56

Return on Equity 16.0 15.7 +30 bps 16.2 15.2

Fee to Income Ratio 38.7 38.0 +70 bps 37.6 36.6

Loans-to-Deposit Ratio 89.6 87.5 +210 bps 87.5 90.1

Cost to Income Ratio# 48.7 49.9 (120 bps) 49.8 49.6

Asset Quality

Gross Impaired Loans Ratio 1.78 2.84 (106 bps) 2.85 3.34

Net Impaired Loans Ratio 1.09 1.86 (77 bps) 1.86 2.25

Loans Loss Coverage 105.6 86.9 +18.7% 86.9 82.3

Net Charge off rate (bps) 23 20 +3 bps 25 23

Capital Adequacy (Group)^

Core Capital Ratio 13.43 11.57 +196 bps 11.57 11.68Risk Weighted Capital Ratio 17.24 16.29 +104 bps 16.29 15.20

# Total cost excludes amortisation of intangibles for BII and Kim Eng

^ Figures for CY2011, FP2011 and FY2011/2010 are adjusted for dividend payment and reinvestment made under the Dividend Reinvestment Plan(DRP) and figures for FY2012 are assuming 85% reinvestment rate


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76.7% 75.8% 76.2%

69.8%

15.2% 14.2% 15.1% 14.4%

4.8% 4.6% 5.0% 7.0%

23.3% 24.2% 23.8%

30.2%

FY2010/2009

FY2011/2010

CY2011 FY2012

Malaysia

Singapore

Indonesia

Total International

6

With a footprint across ASEAN and expansion of business capabilities, our internationalPBT was up 45% YoY

PBT Contribution by Market

* Malaysia = Domestic Banking Ops, Investment Banking, Insurance & Asset Management, Group Elim, Group Adjustment, Other Subsidiaries

# Singapore = Singapore Branch and Kim Eng Group

^ Indonesia = BII and MSI.

PBT (RM bil)

PBT growth by markets (%)

**

**PBT for CY2011 includes six months PBT in second half FY2011

FY2011 Jun -FY2010 Jun

CY2011** Dec -FY2011 Jun

FY2012 Dec -CY2011 Dec

Malaysia 15.3% 10.2% 5.2%Singapore 8.7% 17.2% 18.8%

Indonesia 11.6% 19.7% 59.8%

Total International 21.5% 7.9% 45.4%

5.37

6.276.88

7.89

4.124.75

5.24 5.51

0.82 0.89 0.96 1.14

0.26 0.29 0.35 0.551.25 1.52

1.642.38

FY2010 FY2011 CY2011 FY2012

Group Malaysia * Singapore # Indonesia Total International


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Dec-09 Dec-10 Dec-11 Dec-12 MBB Rank

Loans

Total Consumer/Household 15.7% 16.0% 16.4% 17.0% 2

Auto (Purchase of transport vehicles) 17.3% 17.6% 19.2% 20.2% 2

Total Mortgage* 13.4% 12.9% 13.2% 13.4% 2

Credit Cards # 14.2% 14.0% 15.3% 15.2% 2

Unit Trust 72.0% 68.6% 63.9% 60.2% 1

Deposits

Total Retail Deposit 18.4% 18.5% 18.1% 18.3% 2

Retail CASA 23.9% 23.9% 23.3% 23.6% 1

Retail FD 15.2% 15.3% 15.1% 15.2% 2

Dec-09 Dec-10 Dec-11 Jun-12 MBB Rank

Internet Banking - No. of Subscribers N.A 55.2% 52.7%50.1%

1

Mobile Banking - Active Users N.A N.A 87.0% 80.0% 1

Branch Network 19.3% 19.0% 19.0% 19.0% 1

* Refers to Housing & Shophouse Loans

# The above market share for Cards refers to Receivables. In terms of Cardbase, Billings and Merchant Sales, Maybank is ranked No. 1.

The above industry figure includes commercial banks and Non-Financial Institutions

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Strategic Objective 1: Undisputed No. 1 Retail Financial Services provider in Malaysia by 2015

In the consumer market, we saw consistent market share growth & still seeopportunities for growth

d d h b k h l d l


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2012 2011 2010

Ranking AdvisorMarket

ShareAdvisor

Market

ShareAdvisor

Market

Share

1 CIMB 26.8% CIMB 28.1% CIMB 28.1%

2 Maybank 25.6% Maybank 25.7% Maybank 19.6%

3 AmInvestment 16.9% AmInvestment 14.4% AmInvestment 19.0%

4 RHB 14.5% HSBC Bank 7.0% RHB 9.4%

5 HSBC Bank 3.9% RHB 6.7% HSBC Bank 7.3%

8

Strategic Objective 2: Leading ASEAN wholesale bank eventually expanding toMiddle East, China & India

NOTABLE DEALS COMPLETED FROM JAN DEC 2012

Singapore

Malaysia

Hong Kong

Philippines

AstroMalaysia Holdings Berhad

Completed October 2012

RM 15.6 billion

IPO

Sapura Kencana

Completed May 2012

RM 11.2 billion

Merger & Listing

FeldaGl obal Ventures HoldingsBhd

Completed June 2012

RM 10.4 billion

IPO

DanaInfraNasionalBhd

Completed July 2012

RM 8.0 billion

Sukuk

DRB-HicomBhd

Completed June 2012

RM 3.02 billion

Term Loan/IB

Malaysia Airports HoldingsBerhad

Completed March 2012

RM 616 million

Private Placement

Gas Malaysia

Completed June 2012

RM 734.45 million

IPO

TanjungBin Energy


RM 6.6 billion

Project Financing

San Miguel Corporation

Completed April 2012

RM 1.8 billion

Term Loan Facility

South Luzon TollwayCorporation


PHP 28.5 billion

Term Loan Facility

Marina Bay Sands PteLtd

Completed June 2012

SGD 5.1 billion

Term Loan & RCF

MS Commercial Pte Ltd/ Ophir-RochorCommPte Ltd


SGD 5.0 billion

Term Loan

KhazanahNa sional


SGD 750 million

Term Loan

Genting Hong Kong Limited

Completed August 2012

USD 600 million

TermLoan &Revolving Credit

Facility

Malaysia League Table Mergers & Acquisitions

Malaysia League Table Malaysian Domestic Bonds

Source: Bloomberg, Dec 2012


Ranking

2012 2011 2010

AdvisorMarket

ShareAdvisor

Market

ShareAdvisor

Market

Share

1 Maybank 36.49% CIMB 45.09% CIMB 42.72%

2 CIMB 30.70% Maybank 31.76% RHB 31.35%

3Goldman

Sachs26.97% RHB 24.53% Deutsche Bank 22.55%

4Morgan

Stanley20.23% Goldman Sachs 22.42% Maybank 18.75%

5BoA Merrill

Lynch13.95% AmInvestment 12.95% AmInvestment 14.33%

GWB gained significant industry recognition with Maybank Kim Eng having lead role inkey deals

W ti t h ld th 1 ki i lif & f il d l & l t k f l


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Strategic Objective 3: Undisputed Insurance & Takaful Leader in Malaysia andEmerging Regional Player

Source: LIAM / ISM Statistics

Notes:1. Market ranking in the bracket.2. 2012 data is for 12 months ended September 2012

19.7%(1)

16.6% (1)18.2% (1)

20.7% (1)

16.4% (1)

18.7% (1)

9.2% (2)10.0% (1)10.1% (1)

11.6% (1)12.7% (1)

13.4% (1)

2007 2008 2009 2010 2011 2012

Insurance & Takaful -Market Share

Life & Family Gen & Gen Takaful

18.0% (1)

10.4%(3)

10.4% (4)12.4% (4)

8.9% (4)12.0% (4)

28.3%(1)

39.0% (1)

45.3% (1)48.0% (1)

38.6% (1)35.6% (1)

19.7% (1)16.6% (1)18.2% (1)

20.7% (1)16.4% (1)

18.7% (1)

2007 2008 2009 2010 2011 2012

Life & Family Takaful Market Share

EIB ETB EIB & ETB

7.7%(2)8.0%(3)7.5%(3)8.4%(2)8.9%(3)9.3%(3)

30.4%(2)

34.6%(1)

37.7%(1)

41.6%(1)

45.5%(1)

49.4%(1)

9.2% (2)10.0%

(1)10.1%

(1)

11.6%(1)

12.7%(1)

13.5%(1)

2007 2008 2009 2010 2011 2012

General & General Takaful -Market Share

EIB ETB EIB & ETB

We continue to hold the no.1 ranking in life & family and general & general takafulmarket share

I t ti l PBT t ib ti i f 24% CY2011 t 30% i FY2012 ith


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66.3%

14.4%

15.2%

4.0%68%12%16%4%Malaysia Singapore Indonesia Others

63.4%

21.8%

8.4%

6.4%

63.3%

22.1%

8.2%

6.4%

64.2%14.8%

15.4%

5.5%

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Strategic Objective 4: Truly regional organisation, with ~40% of pre-tax profit derived frominternational operations by 2015

International:

37%

CY2011

RM16.60b RM7.89b

Revenue Profit Before TaxFY2012

International:

36%

International:

34%

International:

24%

International:

30%

RM14.82b RM6.88b

Gross loans*

RM317.3b

RM282.8b

International:

37%

(Jan 11 Dec 11)

(Jan 12

Dec12)

* Including Islamic loans sold to Cagamas and excludes unwinding of interest

International PBT contribution increases from 24% CY2011 to 30% in FY2012, with atotal PBT of RM7.89bil

76.2%

15.1%

5.2%3.5%

69.8%

14.4%

7.0%

8.8%

Maybank Islamic surpasses RM1 0 bil PBT mark and is among the top 3 underwriters in


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462.0

697.9

952.8

1,190.1

-

200.0

400.0

600.0

800.0

1,000.0

1,200.01,400.0

Dec 09 Dec 10 Dec11 Dec12

11

Strategic Objective 5: Global leader in Islamic Finance

Maybank Islamic PBT Maybank Islamic Contribution to MBB Domestic Financing as at December 2012

Maybank Islamic Market Share (Malaysia)

Year Contribution

Dec-10 26.1%

Dec-11 28.5%

Dec-12 30.6%

30.6%

69.4%

Maybank Islamic MBB Domestic

Financing

23.6% 24.5%26.1% 26.2%

14.8%17.0%

22.1%23.2%

10.0%

15.0%

20.0%

25.0%

30.0%

Dec -09 Dec -10 Dec -11 Dec -12Deposit

Maybank Islamic surpasses RM1.0 bil PBT mark and is among the top 3 underwriters inthe Global Islamic Bond market

Underwriter Rank Market Share (%) Amount (RM mil) Issues

HSBC Bank PLC 1 19.6 33,855.5 84

CIMB 2 16.0 27,560.8 192

Maybank 3 15.2 26,546.0 159

Standard Chartered Bank 4 5.1 8,778.2 19

Am Investment Bank Bhd 5 9.8 17,412.9 92Deutsche Bank AG 6 4.7 8,151.2 9

RHB 7 7.5 13,076.7 127

Citi 8 2.6 4,476.7 8

Qinvest Investment Banking 9 1.8 3,020.3 3

National Bank of Abu Dhabi 10 1.7 2,920.3 8

Global Islamic Bond Market League Table


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Table of Contents

Executive Summary


Prospects & Outlook






4) BII

5) Other segments

6) Affiliates


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Group Performance: Record PATAMI of RM 5.74 billion, delivering EPS of 72.7 sen

(RM mil) 12M FY12 12M CY11 YoY 4QFY12 2QFP11 YoY

Net interest income 8,480.7 7,624.4 +11.2% 2,194.9 2,152.7 +2.0%

Net Fund based income (Islamic Banking) 1,699.4 1,560.9 +8.9% 396.4 427.0 (7.2%)

Net Fund Based income 10,180.1 9,185.3 +10.8% 2,591.3 2,579.7 +0.4%

Non-interest income 5,273.7 4,499.7 +17.2% 1,205.4 1,151.5 +4.7%

Fee based income (Islamic Banking) 496.9 278.0 +78.8% 130.0 64.7 +100.9%

Net income from insurance business* 652.4 856.0 (23.8%) 304.2 249.6 +21.9%

Net Fee Based income 6,423.0 5,633.7 +14.0% 1,639.5 1,465.8 +10.2%

Net income 16,603.1 14,819.0 +12.0% 4,230.8 4,045.4 +4.6%Overhead expenses (8,158.1) (7,457.9) +9.4% (2,137.0) (2,054.0) +4.0%

Impairment losses (702.9) (626.0) +12.3% (178.5) (298.6) (40.2%)

Operating profit 7,742.1 6,735.1 +15.0% 1,915.3 1,692.9 +13.1%

Share of profits in associates 152.5 140.1 +8.9% 34.0 37.7 (9.8%)

Profit before taxation and zakat 7,894.6 6,875.2 +14.8% 1,949.3 1,730.6 +12.6%

Profit after Tax and MinorityInterest(PATAMI)

5,744.7 4,884.0 +17.6% 1,459.6 1,259.0 +15.9%

EPS - Basic (sen) 72.7 65.1 +11.6% 17.3 16.7 +3.4%

* Net of insurance claims

First-time adoption of Malaysian Financial Reporting Standards ("MFRS") and changes in


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The Groups and the Bank's opening statements of financial position was prepared as at 1July 2011, being the Groups and the Bank's date of transition to MFRS.

The key changes from the adoption of MFRS effective 1 Jan 2012 are:

Revised Financial Reporting Guidelines ("FRG") for Insurers issued by BNM or re-classification of non-par unallocated surplus from liabilities to equity;

Re-designation of previously recognised financial instruments which were previouslyclassified as financial investments held-to-maturity to financial investments available-for-sale;

Change in the presentation of "Life, general takaful and family takaful fund assets","Life, general takaful and family takaful fund liabilities" and "Life, general takaful andfamily takaful policy holders' funds" on the consolidated statement of financialposition;

Adoption of Financial Reporting Standards Implementation Committee Consensus 18Monies Held in Trust by Participating Organisation at Bursa Malaysia Securities Berhad("FRSIC Consensus 18");

Reclassification of "Software development-in-progress" from Property, Plant andEquipment to Intangible Assets; and

Financing sold to Cagamas.

First-time adoption of Malaysian Financial Reporting Standards ( MFRS ) and changes inaccounting policies


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14,819

6,626

1,492 1,546 888

4,477

1,232

16,603

6,871

2,3011,711 1,279

5,172

1,197

Total CommunityFinancial Services

Corporate Banking Global Markets InvestmentBanking

InternationalBanking

Insurance, Takaful&

Asset Management

CY 2011 FY 201

13.6% (normalised)

14.7% (based on Gross

Written Premium)

7,361

3,253

1,182 1,347142

2,070808

8,445

3,324

1,897 1,479349

2,613

711




Insurance, Takaful&

Asset Management

Global Wholesale Banking (GWB)


+39.5%

+2.2% +60.5% +26.2%

+14.7%

-12.1%

+34.8%

-2.9%+54.3% +44.0% +15.5%+10.7%+3.7%

+12.0%

All sectors saw positive operating profit & higher revenue growth

Revenue(RMm

illion)

OperatingProfitbefore

impairm

entlosses(RMm

illion)

+9.7% +146.7%

(Inc. Kim Eng)

(Inc. Kim Eng)

+12.9% (based onnormalised)

+5.1% (includingreclass)

+32.9% (excludingreclass)



Note:

CFS & GWB YoY growth adjusted to include net profit impact of reclassed loans & deposits transferred to GWB in 2011. CFS operating profit on adjusted basis would be RM3,253m (CY11) & RM3,427m (FY12)

and CFS adjusted revenue RM6,682m (CY11) & RM7,023m (FY12).

Net insurance & takaful income 2011 includes included 18 months of actuarial surplus. Normalised net income for 2011 comparable to that of 2012 would be reduced by RM178.7 mil (excluding 6 months Life

fund surplus of RM80.4 mil from July 2010 & Dec 2010 & and one-off net surplus adjustment in Dec 2011 of RM98.3 mil due to change in actuarial liability valuation basis)

Insurance &Takaful

Insurance &Takaful

Group revenue strengthened in line with a 14.0% increase in fee-based income and


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5,634

1,578477 868 682

1,501 1,149

6,423

1,666797 1,106 1,116

1,707 1,087




Insurance, Takaful&

Asset Management

CY 2011 FY 20

9,185

5,048

1,014 678206

2,976

83

10,180

5,205

1,505606 163

3,466

110




Insurance, Takaful&

Asset Management

CY 2011 FY 20

Fee-based Income grew by 14.0% Global Wholesale Banking (GWB)


Group revenue strengthened in line with a 14.0% increase in fee based income and10.8% in fund-based income

Net Fund Based Income rose 10.8%

RMm

illio

n

RMm

illion

+19.7%

+32.7%+48.3% -21.1% +16.5%-10.7%+3.1%

+10.8%

+48.9%

+5.5% +66.9% +13.7%

+14.0%

-5.4%+27.3% +63.7%





Note:CFS & GWB YoY growth adjusted to include net profit impact of reclassed loans & deposits transferred to GWB in 2011. CFS net fund based income on adjusted basis would be RM5,124m (CY11) & RM5,357m

(FY12) and CFS adjusted fee based income for 2011 would be RM1,558 m.

Net insurance & takaful income 2011 includes included 18 months of actuarial surplus. Normalised net income for 2011 comparable to that of 2012 would be reduced by RM178.7 mil (excluding 6 months Life

fund surplus of RM80.4 mil from July 2010 & Dec 2010 & and one-off net surplus adjustment in Dec 2011 of RM98.3 mil due to change in actuarial liability valuation basis)

+12.0% (normalised)

Insurance &Takaful

Insurance &Takaful

R i d b 12 0% Y Y t RM 16 6 billi


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Malaysia ,64.2%

Singapore ,14.8%

Indonesia ,15.4%

OtherInternational,

5.5%

Singapore Indonesia

17

Revenue increased by 12.0% YoY to RM 16.6 billion

Malaysia

Revenue contribution by country

Revenue segmental breakdown by country

402 398

105

16

ConsumerBanking

GWB MKE -Investment

Banking

MKE -Insurance

International:35.8%

6,871

4,012

1,158545

CFS GWB Insurance &Asset

Management

MaybankInvestment

RM

million

SGDmillion

FY2012RM 16.6

bil

Singapore,11.0%

Indonesia,

15.2%

Otherinternational ,

4.3%

Malaysia,69.6%

International:30.5%

CY2011RM 14.8

bil

3,651

2,570

1,185

Consumer GWB SME + Syariah

R

p.

billion

*Excluding Maybank Kim Eng Singapore operations

**

^ Includes business banking and global markets

^

N F d B d I i d b 14 0% Y Y t RM6 4 billi *


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4,500

3,007

428

-108

761412

856

278

5,274

3,585

633

26

636394

652 497

Total non-interest income

Commission,service charges

and fees

Investment &Trading Income

Unrealisedgain/(losses) on

securities &derivatives

Foreign Exchangeprofit

Other Income Net income fromInsurance &

Takaful Business

Fee income fromIslamic

Operations

Non-Fund Based Income increased by 14.0% YoY to RM6.4 billion*

+19.2%

-23.8%+48.0% +123.7% +78.7%-4.3%

RM

million

+72.2%

-16.4%

* Includes net income from insurance and takaful business & fee income from Islamic operations

Note: Net insurance & takaful income 2011 includes included 18 months of actuarial surplus. Normalised net income for 2011 comparable to that of 2012 would be reduced by RM178.7 mil(excluding 6 months Life fund surplus of RM80.4 mil from July 2010 & Dec 2010 & and one-off net surplus adjustment in Dec 2011 of RM98.3 mil due to change in actuarial liability valuation basis)

-3.7% (normalised)

Group Fee based Income from 2010 to 2012


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Group Fee-based Income from 2010 to 2012

-1,000

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

FY 2010 FY 2011 CY 2011* FY 2012

5,194 4,937 5,634 6,423Fee income from Islamic Operations

Net income from Insurance & TakafulBusinessOther Income

Foreign Exchange profit

Unrealised gain/(losses) on securities& derivativesInvestment & Trading Income

Commission, service charges and fees

RM

million

* Fee based income for CY 2011 includes six months income in second half FY 2011.

Commission,service charges

and fees

Investment &Trading Income

Unrealisedgain/(losses) on

securities &derivatives

ForeignExchange

profit

OtherIncome

Net income fromInsurance &

Takaful Business

Fee incomefrom IslamicOperations

Total

FY 2010 2,607 253 (20) 848 978 425 103 5,194

FY 2011 2,671 375 (38) 836 272 557 265 4,937

CY 2011* 3,007 428 (108) 761 412 856 278 5,634

FY 2012 3,585 633 26 636 394 652 497 6,423

Fee to incomeratio

FY2010 FY2011 CY2011 FY2012

34.5 36.6 38.0 38.7

Positive Jaws with overheads increasing 9 4% YoY against revenue growth of 12 0% YoY


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Positive Jaws with overheads increasing 9.4% YoY against revenue growth of 12.0% YoY

(RM mil) 12M FY12 12M CY11 YoY YoY(exc. KE) 1QFY12 2QFY12 3Q FY12 4QFY12 QoQ QoQ(exc. KE)

Personnel costs 4,589.4 3,993.6 +14.9% +12.2% 1,120.9 1,173.1 1,192.6 1,102.6 (7.6%) (8.2%)

IT Expenses 559.4 549.7 +1.8% +1.4% 130.3 131.5 134.9 162.6 +20.6% +17.0%

MarketingExpenses

574.8 507.2 +13.3% +12.5% 108.2 123.7 116.0 226.8 +95.5% +95.6%

Admin, generalexpenses, fees &brokerage andestablishmentcosts

2,434.5 2,407.4 +1.1% +1.5% 635.4 553.9 600.4 645.0 +7.4% +7.9%

Total 8,158.1 7,457.9 +9.4% +8.1% 1,994.8 1,982.3 2,044.0 2,137.0 +4.6% +4.3%

Group overheads composition

FY2011 FY2012

YoY Income Growth (%) 8.9% 12.0%YoY Overhead Growth (%) 14.2% 9.4%

JAWS (5.3%) +2.6%

Positive Jaws

Group Gross Loans increased by 12.2% YoY with international loans growth of 12.9%,


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slightly ahead of domestic at 11.8%

Dec 12 Dec 11 YoY 3Q FY12 QoQ

Group Gross Loans * 317.3 282.8 +12.2% 304.8 +4.1%

Malaysia (RM billion)** 199.8 178.6 +11.8% 195.2 +2.3%

Community Financial Services 135.4 120.7 +12.2% 132.0 +2.5%

Global Wholesale Banking 64.5 57.8 +11.5% 63.2 +2.0%

Singapore (SGD billion) 27.3 24.7 +10.5% 25.1 +8.8%

Consumer 9.6 9.9 (2.6%) 9.8 (1.4%)

Commercial 17.7 14.8 +19.2% 15.3 +15.2%

Indonesia (Rupiah trillion) 81.1 67.2 +20.8% 75.9 +6.9%

Consumer 28.9 20.6 +40.4% 21.9 +32.2%

Non-consumer 52.2 46.6 +12.1% 54.0 (3.4%)

Other markets (RM billion) 20.6 18.4 +12.2% 19.9 +3.8%

Investment banking (RM billion) 3.0 1.9 +56.8% 2.7 +10.4%*Including Islamic loans sold to Cagamas and excludes unwinding of interest**Takes into account others portion - Dec 12: (0.1) vs Dec 11: 0.1

Domestic Gross Loans increased 11.8% YoY with robust growth in consumer, SME and


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22

corporate loans

* Includes others portion Dec 12: (0.1) vs Dec 11: 0.1

RM billion Dec 12 Dec 11 YoY 3Q FY12 QoQ

Community FinancialServices 135.4 120.7 +12.2% 132.0 +2.6%

Consumer 108.3 94.9 +14.1% 104.5 +3.6%

Total Mortgage 48.5 42.1 +15.2% 46.9 +3.4%

Auto Finance 31.2 27.7 +12.9% 30.5 +2.3%

Credit Cards 5.4 5.3 +1.0% 5.2 +2.8%

Unit Trust 21.9 18.5 +18.1% 20.6 +6.3%

Other Retail Loans 1.3 1.3 +3.9% 1.3 +1.4%

Business Banking + SME 27.1 25.8 +5.0% 27.5 (1.7%)

SME 4.9 4.4 +10.3% 4.7 +3.7%

Business Banking 22.2 21.4 +3.9% 22.8 (2.8%)

Global Wholesale Banking(Corporate)

64.5 57.8 +11.5% 63.2 +2.0%

Total Domestic* 199.8 178.6 +11.8% 195.2 +2.3%

Group gross deposit increases 10 3% with international growing faster at 14 0%


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Group gross deposit increases 10.3%, with international growing faster at 14.0%

Dec 12 Dec 11 YoY 3Q FY12 QoQ

Group Gross Deposits* 347.2 314.7 10.3% 330.5 5.0%

Malaysia (RM billion) 227.3 209.5 8.5% 217.1 4.7%

Savings Deposits 35.5 32.9 8.0% 34.6 2.7%

Current Accounts 56.9 47.5 19.6% 52.2 8.9%

Fixed Deposits 114.6 103.2 11.1% 103.2 11.0%

Others 20.3 25.9 -27.5% 27.0 -32.6%

Singapore (SGD billion) 29.9 26.5 12.7% 28.8 3.7%

Savings Deposits 3.3 2.9 11.4% 3.3 -0.6%

Current Accounts 2.9 2.8 3.8% 2.8 4.7%

Fixed Deposits 23.1 20.2 14.3% 22.1 4.5%

Others 0.6 0.6 5.6% 0.6 -5.2%

Indonesia (Rupiah trillion) 86.1 70.4 22.3% 80.0 7.6%

Savings Deposits 18.8 17.6 6.7% 16.8 11.9%Current Accounts 14.7 12.4 18.6% 12.9 13.8%

Fixed Deposits 52.6 40.4 30.2% 50.2 4.9%

* Includes other overseas & subcos figures

Stable Group LDR of 89.6% and CASA ratio strengthens to 35.1%


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Stable Group LDR of 89.6% and CASA ratio strengthens to 35.1%

Singapore BII

Group

91.3% 90.7% 88.1% 93.9%95.4% 94.3% 93.4% 93.1%

42.6% 41.9% 40.5% 42.6% 39.3% 38.4% 37.2% 38.9%

Jun 10 Dec 10 Jun 11 Dec 11 Mar 12 Jun 12 Sep 12 Dec 12

81.2%87.5%

96.4% 92.5%86.6% 89.4% 86.7% 90.8%

21.6% 23.4% 23.2% 21.8% 20.1% 21.6% 21.2% 20.8%


86.8%88.4% 90.1%

87.5% 87.2% 86.9%90.0% 89.6%

37.0% 37.3% 36.3% 33.6% 33.6% 33.1% 34.6% 35.1%


Malaysia

88.8% 88.9% 87.7% 82.6% 83.9% 81.6%88.0% 86.3%

43.9% 43.6% 41.6% 38.4% 39.3% 37.2% 40.2% 40.7%


Asset quality continues to show significant improvements


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25

Asset quality continues to show significant improvements

Group Impaired Loans RatioAllowance for losses on loans

2.83%2.99%

2.74%

2.39%2.25%2.18%

1.86%

1.57%

1.28%1.22%1.09%

4.60%4.67%

4.20%

3.67%

3.34%3.23%

2.84%

2.44%

2.00%1.90%1.78%

1 Jul10

Day 1

Sep2010

Dec2010

Mar2011

Jun2011

Sep2011

Dec2011

Mar2012

Jun2012

Sep2012

Dec2012

Net Impaired Loan Ratio Gross impaired loan ratio

230.3195.9 199.4

87.4

160.0

449.0

642.786.9%

94.5%

104.2% 104.7% 105.6%

86.9%

105.6%

-10

10

30

50

70

90

110

0

100

200

300

400

500

600

700

800

2Q FP11Dec 11

1Q FY12Mar 12

2Q FY12Jun 12

3Q FY12Sep 12

4Q FY12Dec 12

CY12 FY12

Allowance for losses on loans Loans loss coverage

All markets recorded YoY improvements in asset quality


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26

p q y

Malaysia Singapore BII

0.46 0.47

0.53

0.62

0.53 0.53

0.45

0.14

0.18

0.26

0.33 0.32 0.32 0.31

Jun'11Sep'11Dec'11Mar'12Jun'12Sep'12Dec'12

GIL Ratio

NIL Ratio 4.15 4.03

2.29

2.09

2.252.15 2.18

2.872.74

1.201.10

1.000.90

1.30

Jun'11Sep'11Dec'11Mar'12Jun'12Sep'12Dec'12

GIL Ratio

NIL Ratio

* Sharp decline is due to recovery write-offs

*

*

3.933.82

3.51

2.89

2.24

2.10 1.99

2.70 2.622.43

2.00

1.591.48

1.28

Jun'11 Sep'11Dec'11Mar'12 Jun'12 Sep'12Dec'12

GIL Ratio

NIL Ratio

Capital Adequacy remained strong with DRP and RWA optimisation and followingequity placement


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27

equity placement

Fullelectableportion paidin cash

Assuming 85%reinvestmentrate

Fullelectableportionreinvested

Note:^ Core Capital Ratio and Risk Weighted Capital Capital Ratio are computed based on Basel II requirements under BNM.* - Common Equity Tier 1 (CET1) Ratio computation is based on transitional arrangements according to BNMs guideline issued on 28 Nov 12.

- Based on 85% reinvestment rate under the DRP, assuming without transitional arrangements, the CET1 Ratio would be at 10.00% (Group) and 8.23%(Bank) respectively. However, if based on MAS capital rules, the CET1 Ratio would be higher by 1.08% (Group) and 0.93% (Bank) respectively.

- Assuming without private equity placement of RM3.66 billion, the CET1 Ratio would be lower by 1.30% (Group) and 1.77% (Bank) respectively.

10.34% 10.96% 11.07%

12.81% 13.43% 13.54%16.62% 17.24% 17.35%

31 Dec 12 31 Dec 12 31 Dec 12

Common Equity Tier 1 Ratio* Core Capital Ratio^ RWCR^

16.01%

16.86% 17.01%16.27%

17.12%17.27%

31 Dec 12 31 Dec 12 31 Dec 12

Common Equity Tier 1 Ratio* Core Capital Ratio & RWCR^

The Groups payout ratio remains at 75%


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28 28

p p y

26

11

28 32

18

8

44

32

36

33

FY08** FY09 FY10 FY11 FP11 FY12

Final

Interim

The Board has recommended a gross final dividend of 33 sen per share less 25% tax which will consistof 4 sen cash portion and 29 sen electable portion for the Dividend Reinvestment Plan.

This continues Maybanks trend of declaring high dividend yield amongst Asian banks

* Reinvestment rate for the Dividend Reinvestment Plan** adjusted for 1:4 Bonus Issue in February 2008 and 9:20 Rights Issue at RM2.74 in March 2009# The Net Dividend is 28.5 sen of which 15 sen is single-tier dividend.

Gross Dividend (sen) and Payout Ratio (%)Dividend Payout Ratio

88.6%*

86.1%*

91.1%*88.5%* 88.2%

NA

#

60.0% 61.0%

76.5% 74.9%79.9%

74.7%

T bl f C t t


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29

Table of Contents

Executive Summary


Prospects & Outlook






4) BII

5) Other segments

6) Affiliates


13

2

31

3945

52

55

61

64

67

Macro Environment: Malaysia


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GDP in 2013 expected to remain strong above 5.0% (2012of 5.6%) due to sustained domestic demand and stronginvestment

Investment will remain a key growth driver with role outof ETP projectsFaster inflation rate of 2.5% in 2013 (2012 estimate of1.6%) on impact of min. wage & subsidy rationalisation(gas, fuel)Pricing in a 25bps OPR hike in 4Q 2013 as inflation ratepicks upMYR/USD of 2.98 by end-2013 (end-2012: 3.06) after

temporary weakness in 1Q 2013

Economic Outlook Banking Outlook

Resilient household loan demand System loans expanded 10.4% YoY in 2012,

down from 13.6% YoY in 2011. Householdlending rose by 11.4% YoY while non-householdloan growth slid to just 9.2% YoY in Dec 2012.

Liquidity was more than ample with a loan-to-deposit ratio of 82.1%.

Amid stable economic growth, it is projectedthat loans will grow at 10-11% in 2013. Flow-through from ETP projects should support

lending and PDS activity. NIMs remain under pressure from mortgage

book substitution and competitive fundingrates but compression should be less this year,given that lending rates have stabilized.

Macro Environment: Singapore


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Regionally better real GDP growth expected in 2013 (3.0%vs 1.2% in 2012) as external demand (30% of GDP)improves

A slightly lower inflation rate of 3.8% in 2013 (2012: 4.6%)on softer property rents, SGD appreciation Interest rate to remain low in an environment of ample

global and local liquidity SGD/USD of 1.19 by end-2013 (end-2012: 1.22) as MAS

maintain policy of gradual ER appreciation

In line with the slowdown in economic growth,bank lending in Singapore is also likely tomoderate.

Notably, demand for housing loans isanticipated to weaken after the governmentannounced a seventh round of propertytightening measures to curb investmentpurchases.

16.5

19.8

10.6

12.5

9.1

1.2

6.0

3.6

1.62.5

0.31.1

0.0

5.0

10.0

15.0

20.0

25.0

Mar-10

Jun-10

Sep-10

Dec-10

Mar-11

Jun-11

Sep-11

Dec-11

Mar-12

Jun-12

Sep-12

Dec-12

Real GDP % YoY

0.0

1.0

2.0

3.0

4.0

5.0

6.0

Jan-10

Mar-10

May-

Jul-10

Sep-10

Nov-10

Jan-11

Mar-11

May-

Jul-11

Sep-11

Nov-11

Jan-12

Mar-12

May-

Jul-12

Sep-12

Nov-12

CPI % YoY


Macro Environment: Indonesia


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32 32

5.9

6.3

5.8

6.8

6.4 6.5 6.56.5

6.36.4

6.26.1

5.2

5.4

5.6

5.8

6.0

6.2

6.4

6.6

6.8

7.0

Mar

-10

Jun

-10

Sep

-10

Dec

-10

Mar

-11

Jun

-11

Sep

-11

Dec

-11

Mar

-12

Jun

-12

Sep

-12

Dec

-12

Real GDP % YoY

Economy to sustain above-6% growth (2013 estimate of6.7% vs 2012: 6.2%) on demography, FDI & infrastructuredevelopments

Higher inflation rate (2013 estimate of 5.3% vs 2012estimate of 4.3%) on fuel subsidy adjustment followingmin. wage hikeBenchmark interest rate to rise to 6.25% by end-2013 (end-

2012: 5.75%) to restore macro balance & stability IDR/USD (end-2013: 10,400; end-2012: 9,637) under

pressure on emergence of twin deficits


Solid industry performance reflected by highcapital adequacy ratio (17.4% FY2012) and wellmaintained non-performing loans ratio(1.9%

FY2012).Credit grew by 23.1% YoY in FY2012, with

working capital loans growing by 23.2% YoY,investment credit growing by 27.4% YoY andconsumer credit growing by 20.0% YoY. Loan to deposit ratio (LDR) increased from

78.77% in 2011 to 83.58% in 2012.With a decreasing ratio of operating expenses to

operational revenues (85.4% in 2011 to 74.10%in 2012), the Indonesian banking sector isreflecting better efficiency.

We will continue building strong differentiators that enable us to pull away from ourcompetitors


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33 33

competitors

BuildTruly

CompetitiveDifferentiators

Strong regional brand as a Leading ASEAN Financial ServicesGroup, with a complete regional GWB proposition (Client Coverage,Industry Expertise, Pan-Asian Network, and Bespoke Solutions)

Recognized as a Global Leader in Islamic Banking

Humanising Financial Services mission as a unifying force acrossthe Group to unlock the passion and commitment of all Maybankers

to go above and beyond for our customers. The Bank with a Heart, with a strong reputation for corporate

social responsibility, thereby generating goodwill and trust with ourexternal stakeholders.

A Top-of-Mind position in Malaysia for Superior Customer ServiceQuality, propagated across the Group

An unparalleled yet cost-optimal network coverage of Malaysia,being at the heart of each community we serve.

Moving into 2013:

In 2013, the Group will focus on 3 key strategic priorities


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34 34

Heighten focus on trainingand job rotation /international assignments

Rigorously implement andtrack productivity metricsthroughout the Group

Propagate risk-based pricingacross all key products andsegments.

Start harvesting value fromregional initiatives

Accelerate transformationprogram in Indonesia

Develop clear growthstrategy in Singapore

Implement transformation tohyper-grow in Philippines

Increase network and humancapital in Growth markets

Accelerate the move to aHigh Performance Culture

Raise the tempo forRegionalisation

21

Change the Cost Structure

Extend cost restructuringinitiatives throughout theGroup

Enable cost optimisation bymore granular, frequent andautomated measurements.

Drive continuousimprovement in efficiencyand effectiveness throughbusiness processimprovements.

3

Targets for 2013


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35

Return

on

Equity15.0%

Group LoansGrowth

12.0% Malaysia 12.0% Singapore* 11.0% Indonesia* 22.0%

Group

Deposits

Growth12.0%

35*Loans growth in local currencies

Our view of 2013


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36

Optimistic on the growth prospects of ASEAN, as countries take on infrastructureinvestments to structurally improve domestic economies

Strategic capabilities across consumer and global wholesale banking are building up inkey markets, supported by a strong home base

Strong capital position to support at least 12% growth in risk-weighted assets in the near

term, with a focus on providing sustainable returns to shareholders

Singapore will continue to be an important hub for trade finance and M&A activity, whileIndonesia expected to build on strong domestic economy & maintain growth projections

Malaysia, where 66% of the Group's gross loans originate from, expected to continue withETP investment momentum

Maybank's is now strategically positioned across ASEAN, and well placed to further grow

international operations towards a 40% PBT contribution

36

Table of Contents


38/73

37

Table of Contents

Executive Summary


Prospects & Outlook






4) BII

5) Other segments6) Affiliates


13

2

31

39

45

52

55

6164

67

Community Financial Services: Mortgage


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38

36.4 37.3 38.6 39.8 40.9

5.7 6.1 6.67.1 7.5

Dec 11 Mar 12 Jun 12 Sep 12 Dec 12

Housing loans Shophouse loans

Continued growth in loan balances despite intense competition Asset quality continued to improve

Mortgage market share maintained in the latest quarter

+15.2% YoY

RM

billion

R

Mb

illion

42.1 45.243.4

* Industry refers to residential property and shophouses.

46.9

Continued momentum in mortgage disbursement in 4Q FY12

* Based on cumulative 3 months figures

48.5

2.2%

1.9%

1.6%

1.3%

1.1%

Dec' 11 Mar' 12 Jun' 12 Sep 12 Dec 12

Gross Impaired loan ratio - Mortgage

13.2%

13.3%

13.4% 13.4%

Dec 11 Jun 12 Sep 12 Dec 12

5.14.6

5.8

4.7 4.6

3.0 2.7 3.0 3.0 3.0

Dec 11 Mar 12 Jun 12 Sep 12 Dec 12Mortgage Approval (RM billion) Mortgage Disbursement (RM billion)

Community Financial Services: Auto Finance


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39

13% 13% 12% 12% 12%

87% 87% 88% 88% 88%


Used cars New cars

0.5%0.6%

0.5% 0.5%0.4%

19.4%

19.9%

20.2%20.4% 20.5%

0.0%

0.5%

1.0%

1.5%

2.0%

17.0%

17.5%

18.0%

18.5%

19.0%

19.5%

20.0%

20.5%

21.0%


Gross Impaired loan ratio Hire Purchase Market Share

27.2 28.0 29.129.9 30.7


Auto Finance* grew 12.9% in Dec 2012 Asset quality improved

Non-national cars formed 65% of Auto Finance* loans New cars formed 88% of total Auto Finance* loans

+12.9% YoY

RMb

illion

* Auto Finance data refers to hire purchase arrangements only

35% 36% 35% 35% 35%

65% 64% 65% 65% 65%


National Cars Non-national cars

Community Financial Services: Credit Cards


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40

1487

1471

1488

1502 1500


Cards receivables continues to rise

RM

bil

lion

Card base (000) stabilised

Market Share for Billings and Merchant sales is based on 12-months running performance

Card base excludes Debit cards Merchant and Billings consist of transactions done through

Credit, Charge and Debit cards

* Industry figures for cards includes commercial banks and non-FI players

Overall cards market share improves YoY Overall card performance ahead of industry

Market Share Dec 12 Dec 11

Cardbase 18.4% 17.9%

Billings 26.1% 24.3%Receivables 15.2% 15.3%

Merchant Sales 32.8% 30.4%

+1.5% YoY +0.9% YoY

YoY Growth Maybank Industry*

Cardbase 0.9% -1.8%

Billings 15.5% 7.5%Receivables 1.5% 2.0%

Merchant Sales 16.0% 7.6%

5.20

5.11

5.08

5.13

5.28


Community Financial Services: Business Banking and SME


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41

13.6 13 13.7 13.9 14.6

37.1 38.5 39.5 39.841.7


BB

SM

50.7 56.353.753.251.5

4.5 4.4 4.6 4.7 4.9

21.4 21.2 22.3 22.8 22.2


SME

BB

25.8 25.527.127.626.9

Deposits growth at 11.1% in Dec 2012

Business Banking and SME: Gross Impaired LoansRatio stable

SME loans market share improving

RM

billion

RM

billion

*Classification of SME loans based on Bank Negara definition (SME Loan Size)

Loans grew 5.0% in Dec 2012

+5.0% YoY+11.1% YoY

* NPL ratio improved from 6.5% as at Dec 11 to 4.8% as at Dec 12

19.2% 19.9%21.2% 21.5% 22.1%


11.7%

10.6%

9.0%8.6% 9.4%


Customer Segmentation: Growing TFA and cross selling ratio improvement


43/73

42

6.09

6.17 6.186.19

6.21


2.732.78

2.812.84 2.86


86.287.3

89.590.9

93.0


98.7104.0 107.9

111.6117.6


Mass Customer Cross Selling Ratio on an upward trendHNW & Affluent Customer Cross Selling Ratio improving

HNW & Affluent Customer TFA grew 19.2%

+19.2% YoY+7.9% YoY

Mass Customer TFA grew 7.9%

Pr

oductspercustomer

TotalTFA(RM

bil)

TotalTFA(RM

bil)

* Customer classification: HNW (IA > RM250K, TFA > RM1M); Affluent (IA between RM 50K to RM250K, TFA between RM250K to RM1m)* TFA: Total Financial Assets (Deposits, Investments & Financing), IA: Investable Assets (Deposits & Investments)

Productspercustomer

Table of Contents


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43

Executive Summary


Prospects & Outlook






4) BII

5) Other segments6) Affiliates


13

2

31

39

45

52

55

6164

67

Global Wholesale Banking Domestic Corporate Banking


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44

15.8

2.7

29.2

25.9

16.9

2.7

28.0

32.5

18.1

2.6

29.4

32.5

Dec'12Sep '12Dec '11

Trade Finance market share3 easing due to settlements

Corporate Banking Gross Impaired Loans Ratio droppedsignificantly from 3.89% a year ago to 1.31% in December2012 resulting from major recoveries

Total GWB loans increased by 11.5% YoY to RM64.5 billion

+25.4%YoY

+0.5%YoY

-3.3%YoY

RM billion

1 Trade Finance includes BA, Trust Receipts, ECR, OFCL, STRC, USD (COF) andFactoring

2 Off Balance Sheet Liabilities items includes BG, LC,SG and UBLC3 Market share of total trade products (On Balance Sheet items, Contingent

Liabilities and Others)

+15.0%YoY

TradeFinance

Off Balance

SheetLiabilities2

TermLoan

TradeFinance1

Overdraft

3.89%

2.72%

1.46% 1.46% 1.31%

Dec '11 Mar '12 Jun '12 Sep '12 Dec '12

26.9%

26.3%

26.7%

26.3%25.8%

25.3%

Dec '11 Mar '12 Jun '12 Sep '12 Oct '12 Nov'12

Global Markets*


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45

SA(Govt.

Guaranteed)32%

AAA35%

AA22%

A5%

BBB & below3%

CommercialPapers

3%

1,292 1,469

1,098 1,046

FY2011 FY2012

34.8 37.8 37.1 36.8 39.1

28.4 28.8 28.7 29.333.94.8

4.6 5.2 5.07.4


Others

PDS

Govt.Securities

Group Securities Portfolio grew 18.1% Y-o-Y

+18.1% YoY

68.1

80.471.2 70.9 71.1

PBT and Revenue grew 1.2% and 5.4% YoY respectively

+1.2%

2,3902,516

+5.4%

PBT Revenue

2,064 2,089

RM

million

FY2011 FY2012

*Including Regional performance

GovernmentSecurities -Domestic

30.6% GovernmentSecurities -

Foreign20.6%

PDS -Foreign25.2%

PDS -Domestic

16.5%

Others(NIDs, Bas

etc)7.1%

GovernmentSecurities -Domestic

28.9% GovernmentSecurities -

Foreign19.8%

PDS -Foreign25.8%

PDS -Domestic

16.3%

Others(NIDs, Bas

etc)9.2%

Group Securities Portfolio: 45.6% foreign securities as atDecember 2012

RM80.4billion

RM68.1

billion

FY2012 CY2011

SA(Govt.

Guaranteed)36%

AAA30%

AA27%

A4%

CommercialPapers

3%

57% of PDS rated AA or above at December 2012

RM20.8

billion

RM17.1

billion

FY2012 CY2011

Notable Deals in 2012


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46

NOTABLE DEALS COMPLETED FROM JAN DEC 2012

Singapore

Malaysia

Hong Kong

Philippines

AstroMalaysia Holdings Berhad

Completed October 2012

RM 15.6 billion

IPO

Sapura Kencana

Completed May 2012

RM 11.2 billion

Merger & Listing

Felda Global Ventures HoldingsBhd

Completed June 2012

RM 10.4 billion

IPO

DanaInfraNasional Bhd

Completed July 2012

RM 8.0 billion

Sukuk

DRB-Hicom Bhd

Completed June 2012

RM 3.02 billion

Term Loan/IB

Malaysia Ai rports HoldingsBerhad


RM 616 million

Private Placement

Gas Malaysia

Completed June 2012

RM 734.45 million

IPO

Tanjung Bin Energy


RM 6.6 billion

Project Financing

San Miguel Corporation


RM 1.8 billion

Term Loan Facility

South Luzon TollwayCorporation


PHP 28.5 billion

Term Loan Facility

Marina Bay Sands Pte Ltd

Completed June 2012

SGD 5.1 billion

Term Loan & RC F

MS Commercial Pte Ltd/ Ophir-RochorComm Pte Ltd


SGD 5.0 billion

Term Loan

Khazanah Nasional


SGD 750 million

Term Loan

Genting Hong Kong Limited

Completed August 2012

USD 600 million

Term Loan & Revolving Credit

Facility

Maybank IB now a major Regional Investment Banking playerwith the addition of Maybank Kim Eng


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47

Advisor RankingMarketShare

AmountMYR

(Mil)

Maybank 1 36.49% 46,628.95

CIMB 2 30.70% 39,231.50

Goldman Sachs & Co 3 26.97% 24,470.20

Morgan Stanley 4 20.23% 25,856.84

Bank of America Merrill Lynch 5 13.95% 17,819.71

Underwriter RankingMarket

Share

AmountMYR(Mil)

CIMB 1 26.8% 31,551.27

Maybank 2 25.6% 30,162.33

AmInvestment Bank 3 16.9% 19,877.02

RHB 4 14.5% 17,048.00

HSBC Bank 5 3.9% 4,641.33

Malaysia League Table Mergers & Acquisitions

Malaysia League Table Malaysian Domestic Bonds



Maybank Kim Eng is now a leading regional investmentbank and broking house with presence in 10 locations.

Maybank Kim Eng has also been the No. 1 broker inThailand for the past 11 years.

Since the acquisition of Kim Eng, we have expanded ourproduct catalogue across the countries and are nowable to offer our clients with additional products suchas debt offerings, futures broking and regional onlinetrading.

In Thailand, we have launched Private Wealth Servicesin FY2012 to our top clients to serve them better andprovide them with more investment options. We havealso launched a regional online trading platform to

provide our clients with easier access to the regionalmarkets.

ASEAN Stockbroking Champion

Ranking Market Share

#2 7.1%

#5 7.0%

#6 4.8%

Ranking Market Share

#1 11.9%

#4 7.3%

#4 5.2%

FY2012 T l I (RM il)

Maybank Kim Eng


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1,207

1,332

CY 2011 FY 2012

Country Rank Market ShareTrading Value

(RM million)

Thailand 1 11.9% 162,301

Malaysia 2 7.1% 57,607

Indonesia 6 4.8% 35,503

Philippines 4 7.3% 18,992

Singapore* 5 7.0% 107,024

Vietnam** 4 5.2% 2,441

*Rank is estimated based on market share**Consolidated based on both Vietnam stock exchanges

Malaysia545.5, 41%

Singapore271.3, 20%

Thailand275.1, 21%

Philippines113.7, 9%

Indonesia33.2, 2%

Hong Kong49.5, 4%

Others42.9, 3%

1,331.

FY2012 Equity Brokerage League Table by Country

FY2012 Total Income (RM mil)

FY2012 Fee-based Income for Malaysia

Note: Maybank Kim Eng represents the combined business of Maybank IB and business segments under Maybank Kim Eng Holdings

Total Income for Maybank Kim Eng rose by 23.1%

PrimarySubscriber's

Fees20%

Arrangers'Fees20%

AdvisoryFees

14%

Brokerage22%

PlacementFees11%

UnderwritingFees7%

Other FeeIncome

2%

Agency/Guarantee

Fees2%

RM

million

Maybank Kim Eng


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12M FY2012 Maybank IBs (Malaysia) Industry Position & Market Share

Source: 1 Bloomberg 2 Bursa Malaysia

FY 2012 CY 2011

IndustryRank byValue

MarketShare

TotalValue

(RM bil)

Deals /Issues

IndustryRank byValue

MarketShare

Movementof ranking

M&A1 1 36.49% 46.6 30 2 34.6% +1

Equity & RightsOfferings1

2 19.7% 6.2 11 2 15.9% 0

Debt Markets Malaysia DomesticBonds1

2 25.6% 30.2 170 2 27.1% 0

Debt Markets Malaysia Ringgit

Islamic Bonds1

2 27.7% 26.5 159 2 22.2% 0

Equity Brokerage2 2 7.1% 57.6 - 5 6.5% +3

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(SGD mil) FY12 FY11 YoY 4QFY12 3Q FY12 QoQ

Net Fund Basedincome

473.7 468.7 1.1% 121.5 120.5 0.8%

Net Fee Basedincome

252.5 247.8 1.9% 62.3 77.9 -20.0%

Net income 726.2 716.5 1.4% 183.8 198.4 -7.4%Overhead expenses 318.7 300.7 6.0% 66.7 81.7 -18.4%

Operating profit 407.5 415.8 -2.0% 117.1 116.7 0.4%

Profit beforetaxation

430.5 395.6 8.8% 123.9 116.3 6.5%

Maybank Singapore


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5.3 7.7

3.24.2

3.52.8

2.82.9

5.3 5.0

3.3 3.1

1.2 1.5

Dec 11 Dec 12

Other (Consumer)

Car Loan

Housing Loan

Others (Corporate

Non-Bank financiaInstGeneral Commerc

Building & Const

Maybank Singapore loans grew at a slower pace of10.6% YoY

Diversified Loan Portfolio

SGDb

illion

Consumer35%

24.6

Corporate

65%

27.2

10.6%y-o-y

8.6%

25.4% 28.6%

10.6%

11.4%14.8%

24.2% 10.4%

Jun-10 Jun-11 Dec-11 Dec-12

Maybank Singapore Growth Industry Growth

Loans and advances grew 10.6% YoY or S$2.6bto reach S$27.2b at the end of 2012.

Business loans increased by 5.4% YoY (orS$S$2.8b) to reach a new high of S$17.6b in

December 2012, led by stronger lending tothe building & construction and generalcommerce industries. By product type, bothsyndicated and term loan registeredsubstantial growth in 2012.

Consumer loans fell by 2.5% (or S$0.2b) asthe governments curbs on vehicle populationgrowth weighed on automobile financing.

Housing loans also fell as the pace ofrepayments increased amid an increasinglycompetitive mortgage market.

Asset quality continued to improve in FY 2012

0.46 0.470.53

0.620.53 0.53

0.45

0.14 0.180.26

0.33 0.32 0.32 0.31

Jun'11 Sep'11 Dec'11 Mar'12 Jun'12 Sep'12 Dec'12

GIL Ratio NIL Ratio

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(IDR bil) 12M FY12 12M FY11 YoY 4QFY12 3Q FY12 QoQ

Net Fund Based income 5,310 4,005 +32.6% 1,366 1,368 (0.1%)

Net Fee Based income 2,151 2,328 (7.6%) 512 528 (3.0%)

Net income 7,461 6,332 +17.8% 1,877 1,895 (0.9%)

Overhead expenses (4,895) (4,353) +12.5% (1,228) (1,209) + 1.6%

Personnel (2,244) (1,919) +16.9% (560) (545) +2.8%

General & Administrative (2,615) (2,434) +7.4% (668) (664) +0.6%

Operating profit 2,601 1,979 +31.4% 650 687 (5.4%)

Provision expenses (1,147) (1,187) (3.4%) (280) (313) (10.5%)

Non OperatingIncome/Expenses

242 193 +25.4% 43 85 (49.4%)

Profit Before Tax BeforeMinority Interest

1,696 985 +72.2% 414 459 (9.8%)

Profit after Tax and

Minority Interest(PATAMI)

1,208 669 +80.6% 286 330 (13.3%)

EPS - Basic (Rp.) 21 12 +75.0% 21 16 31.3%

Net Interest Margin (Consolidated)Loans composition (IDR trillion) (Consolidated)

BII: Continued strong performance bankwide


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25.0 26.6 27.1 27.8 29.4

16.7 17.5 19.9 21.125.0

25.4 25.826.6 26.9

26.6

Dec-11 Mar-12 Jun-12 Sep-12 Dec-12GWB SME Consumer

67.2

5.22%5.51%

5.89% 5.88% 5.73%

Dec-11 Mar-12 Jun-12 Sep-12 Dec-12

88.9%

90.4%

89.4%

88.5%

87.3%


Net Interest Margin (Consolidated)

Modified LDR (consolidated) as of Dec12 : 79.85%

Modified LDR (bank only) as of Dec12 : 77.94%

1.2% 1.1% 1.0% 0.9%1.3%

2.3% 2.1% 2.2% 2.1%2.2%


Net Impaired Loans Ratio Gross Impaired Loans Ratio

Asset Quality (Consolidated)

Asset quality remains healthy with gross impaired loan ratio at 2.2%

Loans composition (IDR trillion) (Consolidated)

Loans growth of 20% YoY and LDR improved to 87.3%

69.880.9

75.973.5

NIM increased to 5.73%

Loan-to-Deposit Ratio (Bank Only)

Note: LDR is calculated here based on BII definition

B h d ATM

BII: Branches and touch points expansion on track and continued stronggrowth in PATAMI

C it l Ad lid t d ( dit ti l &


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822725

634

353 469

-41

461

669

1,208

2004 2005 2006 2007 2008 2009 2010 2011 2012

Branches and ATM Capital Adequacy: consolidated (credit, operational &market risk)

PATAMI

We continue to invest in the expansion of network and IT infrastructure

We grew our footprint by successfully adding 64 new branches and 165new ATMs across the country during 12 months of 2012. We have 415branches and 1,317 ATMs + CDM as of 31 December 2012

Data for new account opening at branches can be done by scanning thelocal identity card. First to have this amongst the local banks inIndonesia

Mobile banking is firmly in place and the Internet banking platforms forindividual, supply chain and corporates are continuously beingimproved

Our new trade finance system recently went live in 1Q2012

BII is part of the Maybank IT Transformation Project (ITTP) which willfacilitate continuous improvement of the Banks critical and business

applications

249 255327 351 368 375 389

415

739 787

952

1,152 1,1901,218 1,237

1,317

2008 2009 2010 2011 Mar-12 Jun-12 Sep-12 Dec-12

Branches ATM + CDM

11.83%

12.71%12.56%

12.33%

12.83%


* as of 31 Dec12, 12 branches still waiting for BI approval

*

Revenue and PBT (IDR billion) Unit Financing (000 unit)

WOM Finance motorcycle business impacted by new regulations but overall,profit improved due to continued focus on underwriting and cost efficiencies


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10.03%8.43% 7.86% 8.05%

7.61%

5.72% 5.69% 5.62%4.69%

3.77%

3.23% 2.88%3.29% 3.43%

3.16%

1.82% 1.58% 1.75% 1.67%1.46%


NBD FID Gross NPL Net NPL

6,476

594

7,069

5,096

876

5,972

New Used TotalFY 2011 FY 2012

Revenue and PBT (IDR billion)

Financing Amount (IDR billion)

Unit Financing (000 unit)

Asset Quality

Stand alone

InIDRbillion

1,653 1,6091,467 1,376

170 20516 28

FY 2011 FY 2012

Total Revenue Total ExpensesProvision Expenses Profit Before Tax

501

73

574

393

108

502

New Used Total

FY 2011 FY 2012

Revenue and PBT (IDR billion) U it Fi d

BII Finance significant growth achieved in both sales and profits as BII rebalancesits auto portfolio between cars and motorcycles


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Revenue and PBT (IDR billion)

Financing Amount (IDR billion)

Unit Financed

Asset Quality

Stand alone

362.44

613.26613.26

203.61

YTD Dec'11 YTD Dec'12

total revenue Profit Before Tax

28,578

1,983

30,56134,899

2,679

37,578

New Used TotalYTD Dec 2011 YTD Dec 2012

0.09% 0.09% 0.09% 0.09%

0.07%0.07% 0.07%

0.08% 0.08% 0.06%

4Q11 1Q12 2Q12 3Q12 4Q12

Gross NPL Net NPL

4,407

293

4,701

5,709

382

6,091

new used total

YTD Dec 2011 YTD Dec 2012

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Group Islamic Banking

Group Islamic Banking Income and PBT* Market Share


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16.6

8.7

11.3

3.14.7

8.0

17.1

12.614.3

3.5

6.2

8.3

AITAB MortgageFinancing

TermFinancing

Others(CFS)

TermFinancing

Others(GWB)

Dec 11 Dec 12+3%

+45% +26%

+14% +32%

Maybank Islamic: Total Gross Financing grew by 18.3% toRM62.0 bil

CFS: +20% GWB: +14%

*** Includes financing sold to Cagamas

RMb

illion

+4%Maybank Islamic: Improving key ratios

* Group Islamic Banking includes Maybank Islamic and the Groups

other Islamic operations

** Other operating income comprise of fee income and other income

Dec-12 Dec-11

Financing to Deposit Ratio

(Adjusted)82.0% 83.7%

Islamic Financing to

Total Domestic Loans30.6% 28.5%

Gross Impaired Financing Ratio 0.85% 1.62%

Net Impaired Financing Ratio 0.70% 1.03%

RM million FY2012 FY2011YoY

Growth

Fund based income 1,699.3 1,560.9 8.9%

Other operating income** 496.9 277.9 78.8%

Total income 2,196.2 1,838.8 19.4%

Allowance for losses on

financing33.7 60.4 -44.2%

Profit before tax and

zakat1,322.0 1,041.4 26.9%

Dec-12 Dec-11

AITAB*** 30.0% 31.6%

Mortgage 21.4% 20.2%

Term financing 23.3% 21.1%

Insurance and Takaful - Etiqa

Loss RatioPremium

Si l P i


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Total Assets (RM billion) Life / Family (New Business) Market Share

General Insurance and Takaful Market Share

13.6%

13.9%

18.7%

0.0% 5.0% 10.0% 15.0% 20.0%

Prudential Ins. & Tak.

Great Eastern In s. & Tak.

Etiqa Ins. & Tak.

10.0%

10.8%

13.5%

0.0% 5.0% 10.0% 15.0%

Allianz Insurance

AmG+Kurnia Insurance

Etiqa Ins. & Tak.

No. 1 in Life/Famil(New Business)

No. 1 in GeneralInsurance and

Takaful

0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 5,500

Total Life/Family

& General

Total General

Misc

MAT

Motor

Fire

Total Life/Family

Group Premium

Credit Premium

RegularPremium

Single Premium

RM Million

FY2012

12M FY11

+34.5%

+4.2%

+51.6%

+17.9%

+5.8%

+11.0%

- 23.8%

+14.7%

+ 10.5%

- 0.01%

+18.1%

15.4%22.3%

33.9%

32.7%25.7%

84.1%

74.8% 75.0%78.4% 79.0%

58.3%43.1%

18.0%

89.5%

3.0%

34.8% 32.1%

39.8%

31.1%

28.2%

63.6%58.9% 61.8%

64.6%62.0%


Fire

Motor

MAT

Misc

Overal

25.15 27.51

Dec 2011 Dec 2012

+9.4% YoY

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An Binh Bank: PBT grew 24.1% YoY

Revenue and PBT

Growth in PBT of 24.1% was strengthened by lower allowances for


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20,124.6

23,265.725,591.1

33,563.9

As at 31 Dec 11 As at 31 Dec 12

VNDBil Gross

Loans

Customer

Deposits

Key Ratios 31 Dec 2012 31 Dec 2011

Return on assets 0.90% 0.78%

Return on equity 7.80% 6.35%

Cost-to-income ratio 63.58% 46.90%Loans to deposit ratio 69.32% 78.64%

NPL Ratio 2.29% 2.79%

Net Interest Margin 4.52% 5.40%

1,828.21,722.6

400.5497.1

FY11 FY12

VNDBil

Revenue

PBT

Gross Loans and Deposits

-5.8%

+24.1%

+31.2%

+15.6%

Key Ratios FY 2012 FY 2011

loans losses despite the lower net interest income and increase inoverhead expenses. Despite stronger loans growth of 15.6%, revenuedeclined 5.8% due to lower margins in FY12. Overhead expenseswere up 27.7% as a result of higher staff cost. Allowance for loanslosses declined 77.2% attributable to lower individual allowances.

ROE increased to 7.8%, from 6.35% in the previous financial year. Loans growth was supported by central banks introduction of new

guidelines in September 2012, in which amount loaned to otherfinancial institutions would also be accounted as loans to customers.

Customer deposits rose 31.2% as ABB intensified marketingpromotions to mobilise deposits from retail sector. This reducedreliance on interbank borrowing, in line with the tightening ofinterbank lending activities by the Central Bank, with effect fromSeptember 2012.

Cap in lending rates to 15% since July 2012 and higher cost of funds,affected margins, thus, resulting in lower NIMs, 4.52% as comparedto 5.4% in the previous year.

Asset quality continued to improve with the NPL declined to 2.29% inDecember 2012 compare to 2.79% in December 2011.

MCB Bank: PBT rose 3.3% YoY despite the lower NIM

Revenue and PBT

In FY2012 MCB registered a 3 7% YoY in PBT to


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249.9 262.6

482.6

536.2

As at 31 Dec 11 As at 31 Dec 12

PKR

Billion

Gross Loans

Customer

Deposits

+5.1%

+11%

49.2 50.0

31.3 32.5

FY11 FY12

PKRB

illion

Revenue

PBT

+1.7%

+3.7%

Gross Loans and Deposits

Key Ratios 31 Dec 2012 31 Dec 2011

Return on assets 2.97% 3.18%

Return on equity 25.10% 26.23%

Cost-to-income ratio 33.30% 36.15%

Loans to deposit ratio 43.05% 50.52%

NPL Ratio 9.82% 10.75%

Net Interest Margin 6.77% 7.72%

Key Ratios FY 2012 FY 2011

In FY2012, MCB registered a 3.7% YoY in PBT toPKR32.5 bil. The improved result was contributedby the increase in revenue of PKR0.8 bil andefficiency in operations, which resulted in lower

operating expenses by PKR0.1 bil. Gross loans achieved growth of 5.1% mainly

attributable to the lower interest rate as centralbank has reduce policy rates by 250bps during theyear.

Customer deposits grew 11% to PKR536.2 bil,mainly contributed by corporates.

NIM dipped to 6.5% from 7.7% in FY11 affected by

the reduction of policy rate. ROE was 25.1% in FY2012.

CIR improved from 36.2% to 35.6%.

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Quarterly Profit and Loss

(RM mil) 1QFY12 2QFY12 QoQ 3Q FY12 QoQ 4QFY12 QoQ


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Net interest income 2,020.7 2,106.3 +4.2% 2,158.9 +2.5% 2,194.9 +1.7%

Net Fund based income (IslamicBanking)

375.6 441.2 +17.5% 486.1 +10.2% 396.4 (18.5%)

Net Fund Based income 2,396.3 2,547.5 +6.3% 2,645.0 +3.8% 2,591.3 (2.0%)

Non-interest income 1,408.0 1,344.3 (4.5%) 1,316.0 (2.1%) 1,205.4 (8.4%)

Fee based income (IslamicBanking)

159.2 125.6 (21.1%) 82.0 (34.7%) 130.0 +58.5

Net income from insurancebusiness*

87.2 169.7 +94.6% 91.4 (46.1%) 304.2 +232.8%

Net Fee Based income 1,654.5 1,639.6 (0.9%) 1,489.5 (9.2%) 1,639.6 +10.1%Net income 4,050.8 4,187.1 +3.0% 4,134.5 (1.3%) 4,230.8 +2.3%

Overhead expenses (1,994.8) (1,982.3) (0.6%) (2,044.0) +3.1% (2,137.0) +4.5%

Provisions (196.4) (226.7) (15.4%) (101.3) (55.3%) (178.5) +76.2%

Operating profit 1,859.6 1,978.1 +6.4% 1,989.2 +0.6% 1,915.3 (3.7%)

Profit before taxation and zakat 1,894.6 2,025.8 +6.9% 2,024.8 (0.01%) 1,949.3 (3.7%)

Profit after Tax and MinorityInterest(PATAMI)

1,346.9 1,437.5 +6.7% 1,500.7 +4.4% 1,459.6 (2.7%)

EPS - Basic (sen) 17.6 18.6 +5.7% 19.1 +2.7% 17.3 (9.4%)

Group Gross Loans by quarter


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(RM mil) 1QFY12 2QFY12 3Q FY12 4QFY12 QoQ

Group Gross Loans 287.1 304.0 304.8 317.3 +4.1%

Malaysia (Rm billion) 182.9 192.8 195.2 199.8 +2.3%Community FinancialServices

123.2 127.9 132.0 135.4 +2.5%

Global Wholesale Banking 59.7 64.9 63.2 64.5 +2.0%

Singapore (SGD billion) 24.5 25.3 25.1 27.3 +8.8%

Consumer 9.9 9.9 9.8 9.6 (1.4%)

Commercial 14.6 15.4 15.3 17.7 +15.2%

Indonesia (Rupiahbillion)

69.8 73.5 75.9 81.1 +6.9%

Consumer 21.1 21.8 21.9 28.9 +32.2%

Non-consumer 48.7 51.7 54.0 52.2 (3.4%)

Other markets 19.1 20.4 19.9 20.6 +3.8%

Domestic Gross Loans by quarter


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* Including Islamic loans sold to Cagamas and excludes unwinding of interest

RM billion 1QFY12 2QFY12 3Q FY12 4QFY12 QoQ

Community Financial

Services123.2 127.9 132.0 135.4 +2.6%

Consumer 97.7 101.0 104.5 108.3 +3.6%

Total Mortgage 43.4 45.2 46.9 48.5 +3.4%

Auto Finance 28.6 29.6 30.5 31.2 +2.3%

Credit Cards 5.2 5.2 5.2 5.4 +2.8%

Unit Trust 19.2 19.7 20.6 21.9 +6.3%

Other Retail Loans 1.3 1.3 1.3 1.3 +1.4%Business Banking + SME 25.5 26.9 27.5 27.1 (1.7%)

SME 4.3 4.6 4.7 4.9 +3.7%

Business Banking 21.2 22.3 22.8 22.2 (2.8%)

Global Wholesale Banking(Corporate)

59.7 64.9 63.2 64.5 +2.0%

Total Domestic 182.9 192.8 195.2 199.8 +2.3%

Gross Deposits by quarter



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Group Gross Deposits 320.2 340.3 330.5 347.0 +5.0%

Malaysia (RM billion) 211.7 230.0 217.1 227.3 +4.7%

Savings Deposits 33.9 35.0 34.6 35.5 +2.7%

Current Accounts 49.2 50.6 52.2 56.9 +8.9%

Fixed Deposits 105.2 111.3 103.2 114.6 +11.0%

Others 23.4 33.1 27.0 20.3 (32.6%)

Singapore (SGD billion) 28.0 28.1 28.8 29.9 +3.7%

Savings Deposits 3.0 3.1 3.3 3.3 (0.6%)

Current Accounts 2.6 2.9 2.8 2.9 +4.7%

Fixed Deposits 21.8 21.4 22.1 23.1 +4.5%

Others 0.6 0.6 0.6 0.6 (5.2%)

Indonesia (Rupiah trillion) 72.2 76.7 80.0 86.1 +7.6%

Savings Deposits 16.1 16.0 16.8 18.8 +11.9%

Current Accounts 12.3 13.5 12.9 14.7 +13.8%Fixed Deposits 43.8 47.3 50.2 52.6 +4.9%

Key Ratios by quarter

(RM mil) 1Q FY12 2Q FY12 3Q FY12 4QFY12 QoQ


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Net Interest Margins 2.38 2.42 2.42 2.36 (2.5%)

Return on Equity * 16.0 16.4 17.1 16.3 (5.8%)

Fee to Income Ratio 40.8 39.2 36.0 38.8 +8.1%Loans-to-Deposit Ratio 87.2 86.9 90.0 89.6 (0.4%)

Cost to Income Ratio # 48.7 46.9 48.9 50.2 +2.9%

Asset Quality

Gross Impaired Loans Ratio 2.44 2.00 1.90 1.78 (5.3%)

Net Impaired Loans Ratio 1.58 1.28 1.22 1.09 (8.3%)

Loans Loss Coverage 94.5 104.2 104.7 105.6 +0.9%

Charge off rate (bps) 28 28 12 21 +75.0%

Capital Adequacy (Group)^

Core Capital Ratio 10.97 11.42 12.96 13.43 +4.4%

Risk Weighted Capital Ratio 15.35 15.49 16.71 17.24 +3.7%

* Annualised# Total cost excludes amortisation of intangibles for BII and Kim Eng

^ Figures for 1QFY12 and 2QFY12 are adjusted for dividend payment and reinvestment made under the Dividend Reinvestment Plan (DRP).Figures for 3QFY12 are based on actual acceptance rate (88.19%) on the electable portion of the 5th DRP and after taking into consideration ofthe private placement of 412 million new shares at RM8.88 per share (proceeds of RM3.66 billion) which was completed on 12 October 2012.Figures for 4QFY12 are assuming 85% reinvestment rate.

Glossary


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EIB Etiqa Insurance Berhad ETB Etiqa Takaful Berhad PATAMI Profit after tax and minority interest ROE Return on average shareholder equity RWCR Risk weighted capital ratio

FY 2010 Financial year June 2009 to June 2010 FY 2011 Financial year June 2010 to June 2011 FP 2011 Financial period June 2011 to December 2011 CY 2011 Calendar year January 2011 to December 2011 FY 2012 Financial year January 2012 to December 2012

Humanising Financial Services Across Asia


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Mohamed Rafique Merican

Group Chief Financial Officer

Contact: (6)03-2074 7878

Email: [email protected]

MALAYAN BANKING BERHAD14th Floor, Menara Maybank100, Jalan Tun Perak50050 Kuala Lumpur, Malaysia

Tel : (6)03-2070 8833www.maybank.com

Narita Naziree

Head, Group Business Planning & InvestorRelations

Contact: (6)03-2074 8101


Disclaimer. This presentation has been prepared by Malayan Banking Berhad (the Company) for information purposes only and does not purport to contain all the

information that may be required to evaluate the Company or its financial position. No representation or warranty, express or implied, is given by or on behalf of theCompany as to the accuracy or completeness of the information or opinions contained in this presentation.

The presentation does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any part ofit form the basis of, or be relied in any connection with, any contract, investment decision or commitment whatsoever.

The Company does not accept any liability whatsoever for any loss howsoever arising from any use of this presentation or their contents or otherwise arising inconnection therewith.

Raja Indra Putra

Head, Investor Relations

Contact: (6)03-2074 8582


Investor Relations Contact

maybank fy2012 analyst presentation

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