Headquartered in: Kuala Lumpur, Malaysia
Did you know?
Maybank is the first bank in Singapore to have achieved all 4 certifications given by SPRING Singapore. These certifications include:
- Singapore Quality Class Star
- Singapore Service Class
- At an enterprise level,
- People Developer and Singapore Innovation Class
Maybank is the fourth largest bank in terms of assets in South East Asia and also one of the leading banking sectors in Asia.
Established in 1960, Maybank today is the largest company in Bursa Malaysia with respect to market capitalisation. Among the listed Malaysian companies, Maybank currently holds the No.1 position and has also been listed among the 500 top companies under Forbes Global 2,000 leading companies. It also holds the No.1 rank among Malaysian banks by the UK’s Banker Magazine.
Maybank offers consumer, investment, corporate and Islamic banking products and services in addition to insurance, asset management, stock broking, and takaful.
In Singapore, Maybank is a Qualifying Full Bank (QFB) and is the group’s largest overseas operations. The first branch in Singapore was opened at South Bridge Road in 1960. Maybank was recognised by the Monetary Authority of Singapore as a domestic systemically important bank (D-SIBs) among 7 most important local and foreign banks that impact Singapore’s financial system as well as the economy, significantly.
In Singapore, the bank has 27 service locations and 200 ATMs under its partnership with the atm5 - a shared ATM network comprising 6 QFBs.
Maybank has an international presence with more than 2,200 branches with offices in 20 countries. It has a customer base of more than 22 million and an employee base of 46,000. The total assets of the bank is more than US$150 billion and in terms of assets, it is fourth largest bank in Southeast Asia. It is also currently among Southeast Asia’s top 5 banks.
Maybank always follows the thumb rule of people-first emphasising on their employees as their best assets. They possess about 1,800 employees across all their branches. As of 31 December 2017, the Group’s total assets stood at RM765.3 billion.
Here is the bank’s performance in Singapore for FY17:
This programme helps low-income families increase their savings by offering dollar-for-dollar matching up to S$1,000 for a tenure of 9 months. Additionally, these families are also offered a financial literacy workshop where that teaches and encourages them to manage their finances better.
To offer financial security to breadwinners of low-income families who work at jobs carrying higher risk of accidents , the bank offers free Personal Accident Insurance for a period of 5 years. This programme also offers the dependants a payout of up to S$50,000 in case of personal accident.
The bank sponsors the Youth Bank of Maybank (Heartware Network initiative) which offers disadvantaged youths of Singapore with access to equal opportunities that will help them achieve their full potential. It currently offers the following aids:
Maybank launches a TREATS SG Lifestyle App in order to facilitate instant rewards redemption through this app. This app enables you to redeem your rewards immediately in the form of an e-coupon wallet. You will also get notification about latest promotions, flash deals, and other privileges. You can check the Rewards Catalogue in "Maybank TREATS SG Lifestyle" app and utilise the TREATS Points anytime to redeem for your favourite products. You can try the scoring goals in "Maybank Football Fan" gamification. Maybank partnered with Manchester United Football Club and introduced the "Maybank Football Fan" gamification.
4 July 2018
In partnership with Nanyang Technological University in Singapore, Maybank has set up a Wealth Management Academy (WMA). This academy has been set up to boost the wealth management personnel at Maybank. Maybank WMA is the first of its kind to be introduced by a Malaysian bank with a regional wealth management curriculum. This curriculum is targeted to have sales staff of about 1,200, managers and wealth specialists across Maybank’s 3 major segments of Privilege, Premier, and Private Wealth across 8 major global markets. The 8 major markets of Maybank include Singapore, Malaysia, Indonesia, Hong Kong, Philippines, Cambodia, London and Brunei. The official launch of WMA was in Kuala Lumpur, where Maybank Group Chief Human Capital Officer and the Chief Executive Officer of the Wealth Management Institute (WMI) of Nanyang Technological University Singapore, were present.
25 June 2018