2011 menara maybank in kuala lumpur the headquarters of maybank type public company traded as myx 1155 industry financial services founded 31 may 1960 founder khoo teck puat headquarters menara maybank kuala lumpur malaysia area served southeast asia hong kong china bahrain uk us pakistan key people datuk abdul farid alias president and ceo tan sri dato megat zaharuddin megat mohd nor chairman dato mohamed rafique merican group cfo datuk lim hong tat group head community financial services and ceo singapore dato amirul feisal group head global banking mohd suhail suresh group chief technology officer dr john lee hin hock group chief risk officer revenue rm21 .24 billion us 5.44 billion 2015 1 operating income rm8 .94 billion us 2.29 billion 2015 net income rm6 .84 billion us 1.75 billion 2015 1 total assets rm708 .0 billion us 165.00 billion 2015 1 number of employees 45 000 subsidiaries see maybank subsidiaries website www.maybank.com malayan banking berhad trading as maybank myx 1155 is a malaysian universal bank with key operating home markets of malaysia singapore and indonesia . contents 1 background 2 history 2.1 timeline 3 operations 4 subsidiaries and related firms 4.1 commercial banking 4.1.1 malaysia 4.1.2 philippines 4.1.3 indonesia 4.1.4 vietnam 4.1.5 pakistan 4.2 investment banking 4.2.1 malaysia 4.2.2 singapore 4.3 insurance 4.3.1 malaysia 5 main competitors 6 maybankard 6.1 maybankard atm and debit card 6.2 maybankard credit card 7 see also 8 references 9 external links background edit maybank is malaysia s largest bank by market capitalisation and total assets and one of the largest banks in southeast asia with total assets exceeding us 165 billion and having a net profit of us 1.75 billion for 2015 maybank is also ranked 95th in the banker s 2015 top 1000 world banks as at july 2015 and is ranked 362 in the forbes global 2000 leading companies as at june 2016 . maybank is the largest public listed company on bursa malaysia the malaysian stock exchange with a market capitalisation of us 19.1 billion as of 31 december 2015 . maybank s islamic banking arm maybank islamic is ranked as the top islamic bank in asia pacific 2 and fifth in the world in terms of assets . 3 maybank s network spans across all 10 asean nations as well as key asian countries and global financial centres with a network of 2 400 offices worldwide with more than 45 000 employees . history edit maybank was founded by malaysian business tycoon khoo teck puat who died in 2004 . the company was led by president and ceo amirsham abdul aziz from 2002 until march 2008 after which he was appointed minister in the prime minister s department in charge of the economic planning unit a post he held until april 2009 . dato sri abdul wahid omar was president & ceo of maybank group from may 2008 to june 2013 . on 2 august 2013 datuk abdul farid alias maybank s deputy president and head of global banking was appointed as president & ceo of maybank group . timeline edit 1960 the bank was formed and founded by malaysian business tycoon khoo teck puat with a few partners in kuala lumpur . the bank grew rapidly to more than 150 branches within 3 years . in 1963 the bank purchased goodwood park hotel singapore for 4.8 million.it was known as malayan banking ltd. 1964 the company established mayban trustees bhd mtb 1965 khoo teck puat was ousted from maybank by the government of malaysia under the then deputy prime minister tun abdul razak s administration on the pretext of pumping the bank s money into his own private firm in singapore . 1973 forming its own investment banking subsidiary aseambankers malaysia berhad asian & euro american merchant banking malaysia berhad 1975 aseambankers 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 mayban discount berhad in 1989 1987 mayban securities sdn bhd set up to provide stockbroking and other investment services 1990 the new malaysian offshore banking act passed and the bank set up new operations in the federal territory of labuan 1990 mayban unit trust berhad has been added a subsidiary focused on the management of unit trust funds 1992 maybank launched maybank general assurance bhd 1993 acquisition of safety life & general insurance sdn bhd then relaunched as mayban life assurance 1994 set up a subsidiary in papua new guinea which opened 2 branch offices in port moresby and lae 1995 entered a joint venture with pt bank nusa nasional indonesia bringing the maybank name to the indonesian market 1997 joined forces with philippine national bank 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 philmay holding inc. and establishment of the real estate and property development vehicle philmay property inc. 2000 maybank philippines inc. mpi network boasted nearly 60 branches across the philippines 2000 merger completed with the pacific bank 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 maybank takaful bhd begin promoting takaful insurance products . 2004 failed in a bid to take over bank permata of indonesia 2005 finally received approval to launch a takeover bid through its aseambankers subsidiary of binafikir sdn bhd. however this deal had fallen through by the end of 2005 . 2005 acquired via the insurance company mayban fortis mni insurance and takaful nasional 2006 maybank acquired american express card business in malaysia 4 2007 nov mni insurance and takaful nasional were rebranded as etiqa insurance & etiqa takaful respectively . subsequently mayban takaful transferred all its business assets and liabilities to etiqa takaful . 2008 may dato sri abdul wahid omar is officially appointed as president & ceo of maybank group . 2008 completed the acquisition 15 % in an binh bank vietnam 20 % of muslim commercial bank pakistan and 97.5 % of bank internasional indonesia bii . 2009 january renamed its subsidiary aseambankers to maybank investment bank . 2009 raised rm6 billion in equity capital through a 9 for 20 rights issue at rm2 .74 . 2010 introduced a dividend reinvestment plan the first malaysian company to do so . 2011 acquired 100.0 % of kim eng holdings limited . the acquisition was completed in august 2011 through a general offer for the remaining shares after completing the purchase of 44.6 % in may 2011 and 5.6 % stake in january 2011 . 2012 opened branch in beijing previously a representative office . 2014 opened branch in yangon myanmar . 2015 exited papua new guinea with the sale of maybank png limited and mayban property png limited to kina ventures ltd. operations edit maybank has an international network of over 2 400 branches and offices in 20 countries employing 45 000 employees . 5 maybank tower singapore the maybank corporate centre in metro manila philippines in malaysia maybank operates consumer business and corporate banking as well as private banking services through a network of 393 branch offices and more than 2 500 automated teller machines around the country . the company operates 22 branches in singapore providing a full range of banking and financial products and services . maybank through maybank philippines incorporated has 79 branches in the philippines . maybank also has a banking presence in all of the other southeast asian markets . it also operates branches major global financial centres like new york london hong kong and bahrain . subsidiaries and related firms edit full list maybank subsidiaries list commercial banking edit malaysia edit malayan banking berhad philippines edit maybank philippines incorporated indonesia edit pt bank maybank indonesia tbk previously known as bank internasional indonesia which has changed its corporate name and logo since november 2 2015 vietnam edit an binh bank pakistan edit mcb bank limited investment banking edit malaysia edit maybank investment bank berhad singapore edit maybank kim eng holdings limited insurance edit malaysia edit etiqa insurance bhd previously known as mni insurance etiqa takaful bhd previously known as takaful nasional etiqa offshore insurance labuan ltd previously known as mayban life international labuan ltd main competitors edit public bank berhad cimb rhb bank ambank hong leong bank hsbc bank malaysia maybankard edit maybankard atm and debit card edit maybank issued the atm and debit card for accessing the balance of the savings account . maybank issued the first atm and debit card with the name maybank kawanku on 1985 with the function as an atm card . later on the maybank 30th years celebration event on 31 may 1990 maybank kawanku card was upgraded from atm card application to the debit card application cashing card and discount card . in september 1995 the name of the atm and debit card of maybank was changed from maybank kawanku to maybankard bankcard with the maestro and cirrus logo a division of mastercard . maybankard launched the mastercard debit card same as the maybankard bankcard . maybankard credit card edit maybankard credit card was launched in october 1997 with blue and gold color . the first product is maybankard mastercard and maybankard visa in april 1998 . maybankard got the rookie award from visa int l in 2000 with the category the fastest growing card on asia during the 1998 1999 period and quantum leap from 2001 to 2002 also from visa int l and the 5th best credit card on the world . see also edit list of largest malaysian banks list of largest banks in southeast asia references edit a b c http www.maybank.com islamic bank of the year the banker ram ratings reaffirms maybank islamic s aaa stable p1 ratings ram ratings maybank buys amex charge card business . 2 august 2006 . retrieved 19 august 2012 . mbmsia description . retrieved 4 july 2015 . external links edit wikimedia commons has media related to maybank . maybank group corporate website maybank2u internet banking for consumers maybank2e internet banking for businesses maybank singapore maybank indonesia maybank philippines maybank islamic maybank syariah indonesia islamic banking maybank investment bank maybank kim eng investment banking etiqa insurance american express malaysia maybank on facebook maybank on twitter maybank group maybank on twitter maybank investor relations v t e fbmklci companies of malaysia as of 20 december 2013 ammb holdings astro malaysia holdings axiata group british american tobacco malaysia cimb group holdings digi.com felda global ventures holdings genting genting malaysia hong leong bank hong leong financial ihh healthcare ioi ioi properties group kuala lumpur kepong malayan banking maxis misc petronas chemicals group petronas dagangan petronas gas ppb group public bank rhb capital sapurakencana petroleum sime darby telekom malaysia tenaga nasional umw holdings ytl corp coordinates 3 08 51 n 101 41 58 e 3.14750 n 101.69944 e 3.14750 ; 101.69944 retrieved from https en.wikipedia.org w index.php title maybank & oldid 741176938 categories banks of malaysiacompanies listed on the malaysia exchangecompanies of malaysiamalaysian brandsbanks established in 1960companies based in kuala lumpur1960 establishments in malayamultinational companies headquartered in malaysiaonline brokerageshidden categories engvarb from february 2015use dmy dates from february 2015pages using infobox company with unsupported parameterscommons category template with no category setcommons category without a link on wikidatatwitter username same as wikidatatwitter username different from wikidatacoordinates not on wikidata navigation menu personal tools 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