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SEPTEMBER 2020
 
 
Getting to Know the Sustainable Aspects
of Islamic Finance
Did you know that Islamic Finance has several features that converge with sustainable finance? Islamic banking Finance is a global financial industry that upholds Shariah principles in line with the ethical values of Islam. ESG considerations are essentially consistent with Islamic banking principles which place great importance on improving the quality of life, environment, social equality and fair trade relations. Read on to discover five commonalities between sustainability and Islamic banking practices.
 

 
Marketplace
 
Maybank reports 2QFY20 profit of RM1.26 billion before tax
Maybank Group announced on 27 August 2020 that its profit before tax for the second quarter ended 30 June 2020 stood at RM1.26 billion, as the Group booked in the impact from the movement restriction orders as well as the reductions in interest rates across most of its regional markets arising from the COVID-19 pandemic. Net profit for the quarter was RM941.7 million. Read the press release here.
     
 
Proud recipient of 14 awards
In the past quarter, Maybank Singapore clinched 12 industry awards for best-in-class financial products and services across wealth management, Islamic banking and automobile lending, notably Global Private Banking Innovation Awards 2020 named the bank as the "Best Private Bank Overall (ASEAN)". We also won a marketing award for the #InspireGood initiative as well as a NAC Patron of the Arts award for our contributions in empowering the livelihoods of artists and weavers. Peruse all our awards here.
     
 
Changes to Credit Card Monthly Minimum Payment
As part of the COVID-19 Relief Package, from 8 July 2020 till 31 December 2020, the monthly minimum payment for Maybank Personal Credit Card and Fund Transfer accounts will be reduced from 3% to 1%* of outstanding balance or S$20, whichever is higher. Customers do not need to apply for this relief measure. *Interest applies on outstanding balance. Find out the full suite of repayment relief measures here.
 

 
What's New
 
Download the new Maybank app
Update your Maybank2u SG app to enjoy new mobile banking services on the go! Customers can now manage, download and view their eStatements, make PayNow transactions above $1000 and more! For more details, visit maybank.sg/app.
     
 
We are now at Changi Airport T3 Arrival Hall
Maybank has a new offsite ATM at Changi Airport Terminal 3 Arrival Hall North! Visit our wide network of self-service banking facilities for greater convenience 24/7.
     
 
Maybank Pay with Points
From 3 September 2020, use your TREATS Points to offset your local or foreign purchases that are charged to your Maybank Credit Card with the new Maybank Pay with Points feature via the Maybank TREATS SG app! The first 3,000 cardmembers to perform their first Pay with Points redemption will get 2,000 TREATS Points! T&Cs apply, visit maybank.sg/po for details.
     
 
Use your TREATS Points to do good!
Donate to Community Chest to help the less fortunate by redeeming TREATS Points via the Maybank TREATS SG app or Rewards portal. Your donation will go towards over 80 charities supported by Community Chest.
     
 
Enabling Village Series Mooncake Gift Set
Launched by President Halimah Yacob and SG Enable, the i'mable Collective aims to develop a marketplace of quality products that are produced by makers with disabilities. Join us on this journey of enabling lives and building a more inclusive society by redeeming the Enabling Village Series Mooncake Gift Set on the Maybank TREATS SG app.
     
 
Enjoy up to 30% off mid-autumn mooncakes
From now till 1 October 2020, Maybank cardmembers can enjoy up to 30% off mid-autumn mooncakes. Participating merchants include Grand Hyatt, The St. Regis, The Fullerton Hotel, Pan Pacific and many more! T&Cs apply, find out more at maybank.sg/mid.
     
 
Win a FC Barcelona Signed Jersey
Maybank FC Barcelona Visa Signature Card is giving away signed jerseys to 10 Cardmembers! Simply spend with your card and enter our lucky draw from 8 August to 31 October 2020 for a chance to win. T&Cs apply, visit maybank.sg/mb for details.
 

 
Community
 
Maybank supports Tzu Chi's art project and mask donation

In a collective effort to care for migrant workers during the COVID-19 period, Tzu Chi Foundation (Singapore) launched a new art project and a mask sewing project with the financial support of Maybank. Over 13,000 masks sewn by volunteers were donated to Migrant Workers' Centre in June. Tzu Chi has also invited 550 migrant workers to participate in "Stay Home Quilt" project, where they will receive a sewing kit to create pattern pieces for an art piece. For every piece of completed fabric artwork, Maybank will pledge a S$20 donation to Tzu Chi to support future programmes for migrant workers.

 
 
It pays to stay alert
Impersonation scams are on the rise and come in several variations such as someone purporting to be a government official or a bank employee. The scammer will often request for personal information.

Stay alert and do not provide your personal particulars and banking or online banking credentials to anyone, especially over unsolicited phone calls. Always verify any dubious calls, emails or text messages with official sources. More tips here.
 
 
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