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Malayan Banking Berhad (doing business as Maybank) is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia. [3] According to the 2020 Brand Finance report, Maybank is Malaysia's most valuable bank brand, the fourth-top brand amongst the ASEAN countries and ranked 70th among the world’s most valuable bank brands.
Malaysia has 16 fully-fledged Islamic banks including five foreign ones, with total Islamic bank assets of US$168.4 billion, which accounts for 25% of the Malaysia's total banking assets. [2] This in turn accounts for over 10% of the world's total Islamic banking assets. In comparison, Malaysia's main rival UAE, has US$95 billion of assets. [3]
1968: Malayan Banking buys 30% of Kwong Yik Bank's issued capital. 1970: Malayan Banking's shareholding in the bank increased to 51.15%. Kwong Yik Bank's deposits at this juncture totaled more than RM130 million. 1970: New linear logo unveiled. 1979: Began computerizing its current and savings accounts.
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Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 509.1 2 OCBC Bank Singapore 402.2 3 United Overseas Bank Singapore 340.7 4 Maybank Malaysia 213.2 5
The consolidation of the banking institution to meet the requirements of Bank Negara Malaysia marks another milestone for Hong Leong Bank Berhad. The completion of the merger of Hong Leong Bank with Wah Tat Bank and Hong Leong Finance with Credit Corporation Malaysia on 1 January 2001 marks the emergence of a larger banking group.
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Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services (Retail and Non-Retail Banking) and Global Banking, as well as automotive financing through its subsidiaries, WOM Finance for two wheelers and Maybank Finance for four wheelers.