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Maybank Quarterly - MARCH 2018 |
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Maybank FY17 PBT hits a record RM10.1 billion |
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Maybank Group achieved record earnings for the financial year ended 31 December 2017 (FY17) on the back of stronger revenue from all its business segments and key overseas markets.
The group's Profit before tax (PBT) surpassed the RM10 billion mark for the first time, coming in 14.2% higher at RM10.10 billion. Net profit also surpassed the RM7 billion level for the first time, rising to a new high of RM7.52 billion, compared with RM6.74 billion a year earlier.
For the fourth quarter of FY17 (4QFY17), PBT came in 1.8% higher at RM2.93 billion from RM2.87 billion in the corresponding period a year earlier, while net profit stood at RM2.13 billion.
In Singapore, we saw:
- PBT surged 30.9% to S$315.5 million for FY17, from S$241.0 million a year ago lifted by a strong 27.3% increase in net income
- Net fund based income rose 31.6% largely driven by net interest margin improvement and loan expansion
- Net fee based income grew 19.1%
More information on our results can be found here. |
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| Newsflash |
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New ATM in Changi Airport T2 |
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During your next trip to the arrival hall north of Changi Airport Terminal 2, you can use the 24-hour Maybank Self-Service ATM to withdraw or deposit cash, make hire purchase payment and update your passbook. Situated at the heart of the international transport hub, the ATM service brings convenience to our customers and global travellers. |
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| Sunday Banking |
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Come April 1, Maybank@nex (in photo) and Maybank@Yishun will offer Sunday Banking services in addition to Maybank@WaterwayPoint and Maybank@JurongPoint. These four full service branches are open every day (except Public Holidays) from 11am to 7pm to meet your banking needs. |
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| HAPPENINGS |
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| Maybank FC Barcelona Visa Signature Card |
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Introducing a first-class card in partnership with a world-class club, the new Maybank FC Barcelona Visa Signature Credit Card offers 1.6% cash rebate on any amount you charge locally without being imposed any cashback limit, while overseas usage will earn you TREATS Points and other exquisite lifestyle rewards.
This is Maybank's first co-brand partnership with FC Barcelona and the card caters to the emerging affluent customers. Cardholders stand a chance to win two pairs of tickets every La Liga season to Camp Nou, the home ground of FC Barcelona in Spain, for what should be an unforgettable experience of watching their favourite team play.
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| Lunar New Year @ Branches |
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Amidst the hustle and bustle of exchanging new notes for an auspicious start to the Lunar New Year, Branch leaders and staff delighted customers with bags of mandarin oranges to wish them a happy Lunar New Year and thank them for their support. |
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| AWARDS AND ACCOLADES |
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| Maybank is Recognised as a Champion of Good |
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| Deputy CEO of Maybank Singapore Mr Allen Ng (centre) receives the award from Singapore Finance Minister Mr Heng Swee Keat (second from left). (Photo: NVPC) |
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At the heart of Maybank's giving philosophy is to empower disadvantaged individuals to improve their long-term financial well-being. The bank's commitment to making a positive impact in the community through philanthropic efforts and staff volunteerism has been recognised on a national level, emerging as one of the Champions of Good.
The Champions of Good is a national recognition framework under the Company of Good that was launched by the National Volunteer & Philanthropy Centre (NVPC) in partnership with the Singapore Business Federation Foundation to promote corporate giving among businesses. The inaugural award ceremony held in late 2017 saw a total of 45 Singapore-based companies being recognised as catalysts of change for corporate giving.
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| Community Engagement |
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| Maybank Brings Festive Cheer to Community Chest Beneficiaries |
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On February 3, over 70 Maybank staff volunteers and their families and friends participated in the Community Chest Fu Dai event to deliver festive care packs to 100 beneficiaries from MINDS, one of the bank's long-term charity partners. Through this volunteer event, the bank hopes to bring joy to the less privileged during the Lunar New Year period. (Photo: Community Chest) |
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| Brands for Good |
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Maybank is sponsoring the Brands for Good awards that commend companies for outstanding socially responsible business practices, particularly SMEs which are committed to being stewards of positive impact. The awards, organised by CEO Asia in partnership with non-profit organisation B Lab, will close submission on May 31. Find out more.
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We want to hear from you!
As we keep you informed on our new products and services, we would also love to receive your suggestions on how we can better serve you. Got more service gold moments to share? We are always ready to listen. Let us know via our feedback form. |
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