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Maybank Quarterly
March 2016

Maybank Quarterly – March 2016

It’s our first quarterly for 2016! In this issue, we bring you the latest updates on our financial results, new offerings from the bank and what we got up to over the Lunar New Year.

Maybank FY15 net profit rises to RM6.84 billion on 14.6% rise in operating income
For the financial year ended 31 December 2015, Maybank’s Group net profit rose 1.8% from RM6.72 billion a year earlier to RM6.84 billion, aided by a 14.6% rise in net operating income for the year.

In Singapore, we saw:
  • Net income rising 4.5% to S$830.28 million on the back of a 13.4% rise in net fund based income.
  • Loans growth far outpaced industry level, spurred by a strong uplift in consumer loans of 21.2% as a result of higher housing and other personal loans.
  • Deposits grew a healthy 10% to S$43.5 billion, also outpacing the industry growth of 4.6%.
  • Asset quality remained excellent with net impaired loans ratio at 0.35%.
More information on our results can be found here.

Enjoy up to 3% p.a. with Save Up Programme
  The Save Up Programme is now bigger and better! Following the successful launch of the programme last year, we are now offering higher rates of up to 3% p.a. when you bundle 3 products with your Save Up Account.

Additionally, we have also added more products and services that will allow you to qualify for the bonus interest!

The new items are:
  • Salary Credit with a minimum of S$2,000 per month via GIRO and Maybank Payroll
  • Outward GIRO payment to other billing organisations with a minimum combined transaction of S$300 per month
  • Auto finance Hire Purchase Approved and Disbursed (New Loan only) after 1st January 2016 with minimum loan amount of S$35,000
Find out more about Save Up Programme and start enjoying a higher return on your savings today!
Sunday banking at Maybank@WaterwayPoint
  Have you heard? You can now bank with us on Sundays at Maybank@WaterwayPoint! From your day-to-day banking activities, to looking at how you can grow your money, we’re here for you every day of the week.
KidZania Singapore coming to you soon!
  KidZania Singapore, the hyper real interactive indoor edutainment theme park built around realistic role-playing activities, will be opening in Singapore in April 2016! Maybank is proud to be the official bank for KidZania Singapore to help children in their financial literacy journey and learn the value of money.

This is part of our “Humanising Financial Services” strategy, where we help instil in kids the responsibility of keeping and growing their money properly as well as promote family-togetherness through such lifestyle activities.

More details will be unveiled soon so do watch this space.

Maybankers celebrate Lunar New Year with needy seniors for a “hou(猴)-some” year ahead
On 29 January 2016, more than 250 needy seniors at Kwong Wai Shiu hospital enjoyed a traditional Chinese New Year celebration complete with yusheng, stage performances, and a special appearance by the God of Fortune and Monkey God.

The event was initiated by staff from Maybank’s Retail SME team, who wanted to bring some warmth and joy into the lives of the patients during this festive period.

Staff also raised S$2,888.00 in donations to usher in an auspicious new year for Kwong Wai Shiu Hospital.

The event was also featured on TODAY’s photo gallery. Check out the pictures here!
Lunar New Year cheer at our branches!
The lead-up to Lunar New Year is always a busy time at our branches, with customers exchanging new notes for an auspicious start to the year.

Amidst the hustle and bustle, our senior management took the chance to spread the festive cheer and presented bags of oranges to Maybank customers to wish them a very happy Lunar New Year. The small gesture of goodwill was not lost on customers, who welcomed the traditional symbol of abundance and good fortune and the chance to meet the management.
Our CEO and management delighting customers with mandarin oranges at our branches

Did you know?
Do you know that Maybank “Quick Transfer” allows you to transfer funds within seconds in one step? With this feature you can now withdraw cash from any ATM^.
With Maybank’s Quick Transfer, you can create a shortcut on your mobile banking app that enables you to transfer funds at the touch of a finger. Simply tap, enter your password and send!

To help you get started, we are offering the first 150 customers who transfer a minimum of S$10 via "Quick Transfer" a free S$5 Polar Puff Voucher!

Find out how you can set up your "Quick Transfer" and enjoy this promotion here.
^This is limited to FAST participating banks in Singapore.

Humanising Finance
4 tips to get you closer to owning your dream car
  The update on Certificate of entitlement (COE) premiums is always a talking point among Singaporeans. With the expected increase in supply of COEs, buyers have already benefitted from the generally lower premiums in the last few bidding exercises.

If you’re thinking of getting a new car, check out this month’s Humanising Finance for a few tips to help you get started.

Awards & Accolades
Maybank Private Wealth recognised as Best Wealth Management Provider in Singapore and the Best Private Bank in Malaysia!

Head of Regional Private Wealth, Mr Alvin Lee and the Private Wealth Hong Kong team at the 2015 Asian Private Banker Awards Ceremony
  Maybank Private Wealth continues its winning trajectory with two additional industry awards under its belt.

It was named the Best Wealth Management Provider, Singapore in the World Finance Awards, an annual award that celebrates achievement, innovation and brilliance in the industry.

Further cementing its efforts to achieve private banking excellence, Maybank Private Wealth also emerged from the competition to win 2015’s Asian Private Banker Best Private Bank – Malaysia Domestic.

These awards are testament to Maybank Private Wealth’s success in providing its clients with a wealth of opportunities through the collective strength of the entire Maybank Group.

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