Investor Presentation Financial Results 9 Months FY2012 ended 30 - - PowerPoint PPT Presentation

Investor Presentation

Financial Results

9 Months FY2012 ended 30 September 2012

9 November 2012

www.maybank.com

1

Investor Presentation

Executive Summary Financial Performance Business Sector Review Country Review Economic Update and Prospects

Financial Results: 9 Months FY2012 ended 30 September 2012

2

Key Highlights: Strong PATAMI growth of 18.2% YoY for 9M FY2012

Third Quarter Performance  PATAMI rose 4.4% QoQ to RM1.50 billion  Despite tighter market conditions, the Group maintained stable loans growth.  Malaysia: Loan growth of 1.3% QoQ, with consumer loans growing 3.4% QoQ, ahead of industry 3.0%  Singapore: Slower growth in consumer but better performance on corporate loans  Indonesia: Loan growth of 3.3% QoQ  Group NIM remains stable at 2.42% for the quarter  Asset quality improved with net charge off rate of 12bps.  Faster deposit growth in Singapore & Indonesia, while domestic CASA growth of 10.7% QoQ ahead of industry 6.1% Nine Months Performance  PATAMI grew 18.2% YoY to RM4.29 billion, an annualised ROE of 16.3%, ahead of target  Revenue growth sustained at 14.8% YoY  14.9% YoY growth in fund based income, supported by both conventional & Investment banking income  14.8% YoY growth in fee-based income on healthy deal pipeline  Annualised loan growth of 12.4% for Malaysia, higher than the industry‟s 11.2%  Group NIM for YTD Sept 2012 improved to 2.41% from 2.40% in 1H 2012  Reduced CIR & “positive jaws” with overheads increasing 11.4% against revenue growth of 14.8%

Corporate Development  2nd branch opening in Beijing, China  Laos branch launched – completing ASEAN footprint  Successful RM3.66 billion private placement exercise

3

Stable growth expected for the remainder of FY2012

Return on Equity  Expected to be in line with Group target Loans growth  Malaysia: Stable QoQ growth on the back

• f sustained business & consumer

confidence  Singapore: Slower loan demand expected, but growth opportunities in corporate loan segments  Indonesia: Stable QoQ growth, with continued focus on franchise loan and deposit origination capabilities Deposit  Continued focus on growing CASA and

• pportunistic strategy to capture Fixed

Deposits Net Interest Margin  Pricing discipline with continued focus on improving funding structure Asset Quality  Net charge off rate to be within management guidance Overheads  Continued focus on overheads management, with investment for capacity and capability building. Capital Adequacy  Expected to be comfortable in complying with upcoming Basel III requirements by Bank Negara expected to be introduced by year end

4

Key Performance Indicators for 9 months FY12

* Annualised ** Loans growth in local currencies

#

Annualised as of August 2012

FY2012 Target 9M FY12* Industry Headline KPIs Return on Equity 15.6% 16.3% Loans and Debt Securities Growth 15.2% 9.9% Other targets Group Loans Growth 16.2% 10.4%

• Malaysia

13.6% 12.4% 11.2%

• Singapore **

11.4% 2.1% 9.5%

• Indonesia**

20.9% 17.3% 21.2%# Group Deposits Growth 12.3% 7.1%

5

Investor Presentation

Executive Summary Financial Performance Business Sector Review Country Review Economic Update and Prospects

Financial Results: 9 Months FY2012 ended 30 September 2012

6

3Q FY12 PATAMI rose 4.4% QoQ to RM1.50 billion with an EPS of 19.11 sen

* Adoption of revised BNM Guidelines on Financial Reporting for Insurers by an insurance subsidiary with effect from 1 July 2011 # Net of insurance claims Net interest income 2,158.9 2,106.3 2.5% 1,873.6 15.2% Net Fund based income (Islamic Banking) 486.1 441.3 10.2% 438.5 10.8% Total net fund based income 2,645.0 2,547.5 3.8% 2,312.1 14.4% Net income from insurance and takaful business # 91.4 169.7

• 46.1%

176.9

• 48.4%

Non-interest income 1,316.0 1,344.3

• 2.1%

1,222.7 7.6% Fee based income (Islamic Banking) 82.0 125.6

• 34.7%

77.8 5.5% Total fee-based income 1,489.5 1,639.6

• 9.2%

1,477.4 0.8% Net income 4,134.5 4,187.1

• 1.3%

3,789.6 9.1% Overhead expenses (2,044.0) (1,982.3) 3.1% (1,887.9) 8.3% Operating Profit before allowances for losses on loans and impairment losses on securities 2,090.5 2,204.8

• 5.2%

1,901.7 9.9% Allowance for losses on loans (87.4) (199.4)

• 56.2%

(98.7)

• 11.5%

Impairment losses on securities, net (13.9) (27.3)

• 49.0%

1.0

• 1466.4%

Operating Profit 1,989.2 1,978.1 0.6% 1,804.0 10.3% Share of profits in associates 35.7 47.7

• 25.2%

36.5

• 2.3%

Profit before taxation and zakat 2,024.8 2,025.9

• 0.1%

1,840.5 10.0% Taxation & Zakat (490.4) (546.2)

• 10.2%

(474.3) 3.4% Minority Interest (33.8) (42.1)

• 19.8%

(38.1)

• 11.5%

Profit after Tax and Minority Interest (PATAMI) 1,500.7 1,437.6 4.4% 1,328.0 13.0% RM million Quarter 3Q FY12 Sep 2012 2Q FY12 Jun 2012 QoQ Change YoY Change 1Q FP11 Sep 2011 7.6%

(Restated) *

EPS - Basic (sen) 19.11 18.64 17.76 2.5%

7

9M FY12 PATAMI grew 18.2% YoY to RM4.29 billion, supported by an 14.8% YoY increase in net income

Net interest income 6,285.9 5,471.8 14.9% Net Fund based income (Islamic Banking) 1,303.0 1,133.9 14.9% Total net fund based income 7,588.9 6,605.7 14.9% Net income from insurance and takaful business # 348.3 606.5

• 42.6%

Non-interest income 4,068.4 3,348.2 21.5% Fee based income (Islamic Banking) 366.8 213.2 72.0% Total fee-based income 4,783.5 4,167.9 14.8% Net income 12,372.3 10,773.6 14.8% Overhead expenses (6,021.1) (5,404.0) 11.4% Operating Profit before allowances for losses on loans and impairment losses on securities 6,351.2 5,369.6 18.3% Allowance for losses on loans (482.7) (218.7) 120.8% Impairment losses on securities, net (41.7) (108.7)

• 61.7%

Operating Profit 5,826.9 5,042.2 15.6% Share of profits in associates 118.4 102.4 15.7% Profit before taxation and zakat 5,945.3 5,144.6 15.6% Taxation & Zakat (1,565.5) (1,338.9) 16.9% Minority Interest (94.7) (180.7)

• 47.6%

Profit after Tax and Minority Interest (PATAMI) 4,285.1 3,625.0 18.2% EPS - Basic (sen) 55.40 48.47 14.3%

(Restated) *

RM million Nine Months 9M FY12 Sep 2012 9M ended Sep 2011 YoY Change * Adoption of revised BNM Guidelines on Financial Reporting for Insurers by an insurance subsidiary with effect from 1 July 2011 # Net of insurance claims

8

Strong Balance Sheet: Total Assets grew 7.1% annualised to RM476.9 billion

* Adoption of MFRS1 with effect from 1 July 2011 resulting in changes on securities portfolio, other assets, other liabilities and shareholders funds

RM billion Cash and short-term funds 44.3 49.1

• 12.9%

40.7 8.9% Deposits and placements with financial institutions 7.1 6.5 12.7% 6.1 16.8% Securities purchased under resale agreements 1.6 1.4 21.5% 0.1 2535.6% Securities portfolio 71.1 68.3 5.6% 66.2 7.4% Loans, advances and financing 297.6 274.4 11.3% 265.3 12.2% Statutory Deposits with Central Banks 11.6 10.6 12.9% 9.4 23.0% Life, general takaful and family takaful fund assets 20.5 19.9 4.1% 19.4 5.9% Other assets 23.0 22.7 1.9% 24.9

• 7.6%

Total Assets 476.9 452.8 7.1% 432.1 10.4% Deposits from customers 330.5 313.7 7.1% 293.3 12.7% Deposits and placements of banks and

• ther financial institutions

37.7 36.8 3.5% 36.1 4.6% Borrowings 10.4 7.2 60.3% 6.3 64.8% Subordinated debts 13.2 14.2

• 8.7%

13.0 2.0% Capital Securities 6.2 6.1 1.2% 6.1 0.4% Insurance & Takaful liabilities & policyholders' funds 20.5 19.9 4.1% 19.4 5.9% Other liabilities 19.6 19.1 3.1% 22.5

• 13.2%

Total Liabilities 438.1 417.0 6.8% 396.7 10.4% Shareholders Funds 37.1 34.3 11.0% 33.9 9.7% Non-controlling interest 1.6 1.6 7.7% 1.5 5.1% Total Liabilities & Equity 476.9 452.8 7.1% 432.1 10.4% YoY Growth Loan-to-Deposit Ratio 90.0% 87.5% 90.5% 30 Sep 2012 31 Dec 2011 (restated)* 9m FY12 Annualised Growth 30 Sep 2011 (restated)*

9

Gross loans grew 10.4% annualised (11.4% YoY), led by a 12.6% growth in Community Financial Services and 12.4% growth in Global Wholesale Banking

* Including Islamic loans sold to Cagamas and excludes unwinding of interest

RM billion 30 Sep 2012 30 Jun 2012 QoQ Growth 31 Dec 2011 9m FY12 Annualised Growth 30 Sep 2011 YoY Growth Community Financial Services 132.1 127.9 3.2% 120.7 12.6% 115.2 14.6% Consumer 104.5 101.0 3.4% 94.9 13.5% 90.6 15.3% Total Mortgage 46.9 45.2 3.7% 42.1 15.2% 40.3 16.4% Auto Finance 30.5 29.6 2.9% 27.7 13.7% 26.6 14.5% Credit Cards 5.2 5.2 0.9% 5.3

• 2.3%

5.0 4.4% Unit Trust 20.5 19.7 4.1% 18.5 14.7% 17.5 17.6% Other Retail Loans 1.3 1.3 4.4% 1.3 3.3% 1.3 4.1% Business Banking + SME 27.6 26.9 2.5% 25.8 9.0% 24.6 12.3% SME 4.7 4.6 4.0% 4.5 8.4% 4.9

• 3.2%

Business Banking 22.8 22.3 2.2% 21.4 9.1% 19.7 16.1% Global Wholesale Bkg (Corporate) 63.2 64.9

• 2.6%

57.8 12.4% 57.9 9.2% Other Loans 0.0 (0.0)

• 153.1%

0.1

• 115.3%

0.1

• 88.4%

Total Domestic 195.2 192.8 1.3% 178.6 12.4% 173.2 12.7% International 106.8 108.5

• 1.6%

102.2 6.0% 98.7 8.3% Singapore (SGD billion) 25.1 25.3

• 0.8%

24.7 2.1% 24.3 3.1% BII (Rupiah trillion) 75.9 73.5 3.2% 67.2 17.3% 62.0 22.4% Others 19.9 20.4

• 2.7%

18.4 10.9% 16.8 18.2% Investment Banking 2.7 2.7 2.1% 1.9 56.0% 1.9 46.6% Gross Loans * 304.8 304.0 0.3% 282.8 10.4% 273.7 11.4%

10

89.2% 88.8% 88.9% 87.7% 82.6% 83.9% 81.6% 88.0% 80.9% 91.3% 90.7% 88.1% 93.9% 95.4% 94.3% 93.4%

Group LDR rose to 90%, within target of 85-90%, due to chunky deposits but offset by improved liquidity in Singapore and BII

Loans-to-Deposit Ratio

Malaysia Singapore BII Group Malaysia Singapore BII Group RM bil Annualised Growth YoY Growth SGD bil Annualised Growth YoY Growth Rp tril Annualised Growth YoY Growth RM bil Annualised Growth YoY Growth Savings Deposits 34.6 7.0% 8.1% 3.3 15.6% 17.3% 16.8

• 5.9%

14.0% 48.8 5.2% 8.4% Current Accounts 52.2 13.2% 3.0% 2.8

• 0.5%

9.0% 12.9 6.1% 20.4% 65.6 16.4% 8.2% Fixed Deposits 103.2 0.0% 25.1% 22.1 12.5% 16.9% 50.2 32.2% 21.9% 187.7 4.7% 19.0% Others 27.0 5.6%

• 6.3%

0.6 4.0% 9.7%

• 27.5

5.3%

• 3.2%

Total Deposits 217.1 4.8% 11.8% 28.8 11.3% 16.0% 80.0 18.1% 19.9% 330.5 7.1% 12.7% Malaysia Singapore BII Group Low cost funds (CASA) 40.2% 21.2% 37.2% 34.6% LD Ratio 88.0% 86.7% 93.4% 90.0% 87.4% 86.8% 88.4% 90.1% 87.5% 87.2% 86.9% 90.0% 86.3% 81.2%87.5% 96.4% 92.5% 86.6% 89.4% 86.7%

11

98.7 230.3 195.9 199.4 87.4 218.7 482.7

1Q FP11 Sep 11 2Q FP11 Dec 11 1Q FY12 Mar 12 2Q FY12 Jun 12 3Q FY12 Sep 12 9M ended Sep 11 9M FY12 Sep 12

Asset Quality continues to improve with Net Impaired Loan Ratio at 1.22% from 2.18% in September 2011 and charge off rate of 23bps is well within guidance

Impaired Loans Ratio Allowance for losses on loans

• 56.2%

QoQ

• 11.4%

YoY

2.83%2.99% 2.74% 2.39% 2.25% 2.18% 1.86% 1.57% 1.28% 1.22% 4.60% 4.67% 4.20% 3.67% 3.34% 3.23% 2.84% 2.44%2.00% 1.90%

1 Jul 10 Day 1 Sep 2010 Dec 2010 Mar 2011 Jun 2011 Sep 2011 Dec 2011 Mar 2012 Jun 2012 Sep 2012

Net Impaired Loan Ratio Gross impaired loan ratio

+120.7% YoY

12

3,348 2,300 321

• 101

515 314 607 213 4,068 2,633 522

• 15

645 283 348 367 Total non- interest income Commission, service charges and fees Investment & Trading Income Unrealised gain/(losses) on securities & derivatives Foreign Exchange profit Other Income Net income from Insurance Business Fee income from Islamic Operations 9 months ended 30 Sep 2011 9 months FY12 ended 30 Sep 2012 Excluding Kim Eng Holdings 9 M FY12 Sep 2012 3,607 17.7% 2,284 12.3% 487 51.5% (41)

• 112.5%

638 28.0% 239 3.9% 317

• 47.2%

367 72.0% 9M ended Sep 2011 3,064 2,033 322 (19) 498 230 601 213

Group Fee-based Income increased 14.8% YoY to RM4.78 billion*

+14.5%

• 42.6%

+62.9% +84.8% +72.0%

• 9.8%

RM million +21.5% +25.3%

* Includes net income from insurance and takaful business & fee income from Islamic operations

and Takaful Business

Note: The 2011 net income from insurance and takaful business included a full financial year (July 2010 to June 2011) Life fund surplus. The normalised net income from insurance and takaful business for 2011 was RM468 mil, after excluding the 6 months Life fund surplus of RM139 mil arising from July 2010 to Dec 2010, was comparable to that of 2012.

13

1,025.1 1,071.6 1,120.9 1,173.1 1,192.8 2,922.0 3,486.8 131.9 141.1 130.3 131.5 134.9 408.6 396.8 97.2 142.9 108.2 123.6 116.2 364.3 347.9 633.7 698.4 635.4 554.1 600.1 1,709.0 1,789.6 1Q FP11 Sep 11 2Q FP11 Dec 11 1Q FY12 Mar 12 2Q FY12 Jun 12 3Q FY12 Sep 12 9M ended Sep 11 9M FY12 Sep 12 Admin, general expenses, fees & brokerage & establishment costs Marketing Expenses IT Expenses Personnel costs

Improved cost to income ratio of 48.2% for 9M 2012 from 50.2% a year ago

RM million

+3.1% QoQ +8.3% YoY

2,054 1,995 1,982 2,044 1,888

# Contribution of Kim Eng Holdings for 9MFY12 is for 9 months whereas 9M FY11 ended Sept 11 is for 5 months (Maybank completed the acquisition of KEH Group in May 2011)

5,404 6,021

+11.4% YoY

Overhead Expenses 3Q FY 12 9 months FY12 QoQ YoY YoY Personnel costs 1.7% 16.4% 19.3% IT Expenses 2.6% 2.3%

• 2.9%

Marketing Expenses

• 6.0%

19.5%

• 4.5%

Admin, general expenses, fees & brokerage & establishment costs 8.3%

• 5.3%

4.7% Total 3.1% 8.3% 11.4% # #

14

13.19% 14.69% 13.82% 14.56% 13.38% 15.57% 14.46% 14.77% 30 Sep 11 31 Dec 11 31 Mar 12 30 Jun 12 30 Sep 12

14.32%#

30 Sep 12

9.16% 11.64% 15.39%

30 Sep 12

16.09%#

30 Sep 12

10.48% 12.96% 16.71%

8.22% 9.21% 8.73% 9.15% 10.68% 11.57% 10.97% 11.44% 14.71% 16.29% 15.35% 15.50% 30 Sep 11 31 Dec 11 31 Mar 12 30 Jun 12

Capital Adequacy remained strong with DRP and the private placement of Maybank shares completed in October 2012

Note: ^ Based on actual acceptance rate on the electable portion of the 5th DRP * Core Equity Ratio computation is based on transitional arrangements announced by BCBS

#

Core Equity Ratio is capped at Core Capital Ratio & Risk Weighted Capital Ratio + Based on actual acceptance rate on the electable portion of the 5th DRP (88.19%) and after taking into consideration the private placement of 412 million new shares at RM8.88 per share (proceeds of RM3.66 billion) which was completed on 12 October 2012

Adjusted for dividend payment and reinvestment made under the Dividend Reinvestment Plan (DRP) Based on 88.19% reinvestment rate^ Proforma after equity issuance+ Core Equity Ratio* Core Capital Ratio & Risk Weighted Capital Ratio Core Equity Ratio* Core Capital Ratio Risk Weighted Capital Ratio

15

9M FY12 3Q FY12 1H FY12 2Q FY12 1Q FY12 FP11 FY11 Net Interest Margin 2.41% 2.42% 2.40% 2.42% 2.38% 2.53% 2.56% Return on Equity** 16.3% 17.1% 16.1% 16.4% 16.0% 16.2% 15.2% Fee to Income Ratio 38.7% 36.0% 40.0% 39.2% 40.8% 37.6% 36.6% Cost to Income # 48.2% 48.9% 47.8% 46.9% 48.7% 49.8% 49.6% Loan-to-Deposit Ratio 90.0% 90.0% 86.9% 86.9% 87.2% 87.5% 90.1% Asset Quality Gross Impaired Loans Ratio 1.90% 1.90% 2.00% 2.00% 2.44% 2.84% 3.34% Net Impaired Loans Ratio 1.22% 1.22% 1.28% 1.28% 1.57% 1.86% 2.25% Loan Loss Coverage 104.7% 104.7% 104.2% 104.2% 94.5% 86.9% 82.3% Charge off rate (bps) 23 12 28 28 28 25 23 Capital Adequacy (Group) Core Capital Ratio 12.96%+ 12.96%+ 11.42%^ 11.42%^ 10.97%^11.57%^ 11.68%^ Risk Weighted Capital Ratio 16.71%+ 16.71%+ 15.49%^ 15.49%^ 15.35%^16.29%^ 15.20%^

Maybank Group: Key Ratios

# Total cost excludes amortisation of intangibles for BII and Kim Eng ^ Adjusted for dividend payment and reinvestment made under the Dividend Reinvestment Plan (DRP) ** Annualised + Based on actual acceptance rate (88.19%) on the electable portion of the 5th DRP and after taking into consideration of the private placement

• f 412 million new shares at RM8.88 per share (proceeds of RM3.66 billion) which was completed on 12 October 2012

Note - NIM 1 H FY12 Restated

16

Investor Presentation

Executive Summary Financial Performance Business Sector Review Country Review Economic Update and Prospects

Financial Results: 9 Months FY2012 ended 30 September 2012

17

5,145 2,375 1,039 1,071 121 1,125 575 5,945 2,158 1,304 1,130 318 1,719 437 Total Community Financial Services Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management

9 Months ended 30 Sep 2011 9 Months ended 30 Sep 2012

10,774 4,842 1,110 1,228 634 3,216 903 12,372 4,977 1,546 1,309 1,000 3,915 745 Total Community Financial Services Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management

9 Months ended 30 Sep 2011 9 Months ended 30 Sep 2012 +23.4%

• 9.1%

+25.5% +52.7% +15.6%

• 24.0%

+29.7%

• 17.5%

+39.3% +57.6% +21.7% +6.6% +2.8% +14.8%

Revenue and PBT growth across most sectors

Revenue (RM million) Profit before tax (RM million) Global Wholesale Banking (GWB) Global Wholesale Banking (GWB)

Note: Revenue and PBT for Head Office & Others: –RM1120.3m in 9 Months FY12 vs –RM1160.5m in 9 Months ended Sep 2011

+5.4% +162.5% (Inc. Kim Eng) (Inc. Kim Eng)

Note: The 2011 results of Etiqa Insurance & Takaful have included a full financial year (July 2010 to June 2011) Life fund surplus. The normalized profit for 2011 was RM436 million, after excluding the 6 months profit before tax of RM139 million arising from July 2010 to December 2010, was comparable to that of 2012. Note: The 2011 results of Etiqa Insurance & Takaful have included a full financial year (July 2010 to June 2011) Life fund surplus. The normalized profit for 2011 was RM436 million, after excluding the 6 months profit before tax of RM139 million arising from July 2010 to December 2010, was comparable to that of 2012.

18

4,168 1,198 384 700 486 1,088 842 4,784 1,210 537 860 864 1,313 666 Total Community Financial Services Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management 9 Months ended 30 Sep 2011 9 Months ended 30 Sep 2012 6,606 3,645 726 528 148 2,128 61 7,589 3,768 1,009 449 136 2,603 79 Total Community Financial Services Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management

9 Months ended 30 Sep 2011 9 Months ended 30 Sep 2012

Revenue grew due to higher net fund based and fee-based income

Net Fund Based Income rose 14.9% Fee-based Income grew by 14.8%

RM million RM million

# Includes expenditures of Head Office & Others of –RM666.4m in 9 Months FY12 vs –RM530.7m in 9 Months ended Sep 2011 # Includes expenditures of Head Office & Others of –RM453.9m in 9 Months FY12 vs –RM629.8m in 9 Months ended Sep 2011 # #

+13.7% +29.8% +39.0%

• 8.2%

+22.3%

• 15.0%

+3.4% +14.9%

Global Wholesale Banking (GWB)

+44.0% +1.0% +39.9% +20.6% +14.8%

• 20.9%

Global Wholesale Banking (GWB)

+22.8% +77.7%

Note: A total of RM29 billion and RM1.3 billion nett of deposits and loans respectively exited CFS to Corporate on 1 July 2011, which resulted in net interest income for CFS to be lower by RM76 million in the 9 months FY2012. Note: The 2011 results of Etiqa Insurance & Takaful have included a full financial year (July 2010 to June 2011) Life fund surplus . The normalized profit for 2011 was RM436 million, after excluding the 6 months profit before tax of RM139 million arising from July 2010 to December 2010, was comparable to that of 2012.

19

78.0% 14.0% 6.0% 2.0% 67.0% 14.0% 15.0% 4.0% International: 36%

9M ended Sep 2011 RM12.37b

Increasing revenue and PBT contribution from international operations

RM5.95b Revenue Profit Before Tax 9M FY2012

International: 36% International: 33% International: 22% International: 30%

RM10.77b RM5.14b Gross loans* RM304.8b RM273.7b

International: 37%

(Jan 11 – Sep 11) (Jan 12 – Sep 12) * Including Islamic loans sold to Cagamas and excludes unwinding of interest

68% 12% 16% 4%

Malaysia Singapore Indonesia Others

64.0% 15.0% 16.0% 5.0% 70.0% 15.0% 7.0% 8.0% 64.4% 21.1% 8.1% 6.4% 63.5% 22.4% 8.1% 6.0%

20

13.1% 13.2% 13.2% 13.3% 13.4% Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 2.8% 2.2% 1.9% 1.6% 1.3% Sep' 11 Dec' 11 Mar' 12 Jun' 12 Sep 12 Gross Impaired loan ratio - Mortgage 35.0 36.4 37.3 38.6 39.8 5.3 5.7 6.1 6.6 7.1 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Housing loans Shophouse loans

Continued growth despite intense competition Asset quality continued to improve Mortgage market share increased in the latest quarter

+15.2% annualised

Mortgage grew 15.2% annualised with increased market share and asset quality improvement

+16.4% YoY RM billion

RM billion

42.1 45.2 43.4 40.3

* Industry refers to residential property and shophouses.

46.9 6.0 5.1 4.6 5.8 4.7 2.8 3.0 2.7 3.0 3.0 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12

Mortgage Approval (RM billion) Mortgage Disbursement (RM billion)

Continued momentum in Mortgage Disbursement in 3Q FY12

* Based on cumulative 3 months figures

21

0.6% 0.5% 0.6% 0.5% 0.5% 19.0% 19.4% 19.9% 20.2% 20.4% Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Gross Impaired loan ratio Hire Purchase Market Share 35% 35% 36% 35% 35% 65% 65% 64% 65% 65% Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 National Cars Non-national cars 13% 13% 13% 13% 12% 87% 87% 87% 87% 88% Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Used cars New cars 26.1 27.2 28.0 29.1 29.9 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 Hire Purchase (RM billion)

Auto Finance business improved in volume and market share

Auto Finance* grew 13.6% annualised in Sep 2012

+13.6% annualised

Asset quality remained stable with increasing market share Non-national cars formed 65% of Auto Finance* loans New cars form 88% of total Auto Finance* loans

+14.8% YoY

RM billion * Auto Finance data refers to hire purchase arrangements only * Auto Finance data refers to hire purchase arrangements only

22

1,473 1,487 1,471 1,488 1,502 Sep 11 Dec 11 Mar'12 Jun 12 Sep 12 4.89 5.20 5.11 5.08 5.13 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12

Cards continued to gain market share

Cards receivables

RM billion

Card base (‘000)

• Market Share for Billings and Merchant sales is based on 12-

months running performance

• Card base excludes Debit cards
• Merchant and Billings consist of transactions done through

Credit, Charge and Debit cards * Industry figures for cards includes commercial banks and non-FI players

Cards Market Share Cards performance outperformed industry

Sep 12 Sep 11 Cardbase 18.4% 17.7% Billings 25.7% 23.7% Receivables 15.2% 15.0% Merchant Sales 32.3% 28.6%

• 1.9% annualised

+4.8% YoY +1.3% annualised +1.9% YoY

YoY Maybank Industry* Cardbase 1.9%

• 2.1%

Billings 17.8% 8.6% Receivables 4.8% 3.5% Merchant Sales 17.4% 4.1%

23

24.6 25.8 25.5 26.9 27.6 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 +9.0% annualised

Business Banking and SME: Expanding loans and deposits base, improving asset quality

Deposits growth at 7.9% on annualised basis Business Banking and SME: Gross Impaired Loans Ratio continued to improve SME loans market share improving

RM billion RM billion *Classification of SME loans based on Bank Negara definition (SME Loan Size)

+7.9% annualised

Loans grew 9.0% annualised in Sep 2012

47.3 50.7 51.5 53.2 53.7 Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 13.0% 11.7% 10.6% 9.0% 8.6% Sep 11 Dec 11 Mar 12 Jun 12 Sep 12 +12.3% YoY +13.4% YoY

* NPL ratio improved from 7.4% as at Sep „11 to 3.8% as at Sep „12

17.4% 19.2% 19.9% 21.2% 21.5% Sep 11 Dec 11 Mar 12 Jun 12 Sep 12

24

13.9 2.6 27.5 29.2 15.5 2.7 27.6 27.5 16.9 2.7 25.2 35.3 Trade Finance Contingent Liabilities Overdraft Trade Finance Term Loan

Sep '12 Dec '11 Sep '11

1 2

Maintaining a strong position in terms of Trade Finance Market Share3. Corporate Banking Gross Impaired Loans Ratio dropped significantly from 3.91% a year ago to 1.46% in September 2012 led by major recoveries. Total GWB loans increased by 4.0% YoY to RM60.2 billion.

+21.5% YoY

• 8.5%

YoY +2.3% YoY RM billion

1 Trade Finance includes BA, Trust Receipts, ECR, OFCL, STRC and Factoring 2 Off balance sheet Liabilities items includes BG, LC,SG and UBLC 3 Market share of total trade products (on balance sheet items, contingent

liabilities and others)

3.91% 3.89% 2.72% 1.46% 1.46% Sep '11 Dec '11 Mar '12 Jun '12 Sep '12

GWB: Loans grew moderately at 4.0% YoY, driven mainly by Term Loans while major recoveries improved the gross impaired loan ratio

+21.5% YoY 25.1% 26.9% 26.3% 26.7% 26.6% Sep '11 Dec '11 Mar '12 Jun '12 Aug '12 Off Balance Sheet Liabilities2

25

Government Securities - Domestic 28.9% Government Securities - Foreign 22.9% PDS - Domestic 24.3% PDS - Foreign 16.9% Others (NIDs, Bas etc) 7.0%

34.6 34.8 36.8 29.1 28.4 29.3 2.3 4.8 5.0 Sep 11 Dec 11 Sep 12 Others PDS Govt. Securities 933 1,129 829 761 3Q FY11 Sep 2011 3Q FY12 Sep 2012

Non-Interest Income Net Interest Income

3Q FY11 Sep 2011 3Q FY12 Sep 2012

Global Markets: 7.2% revenue growth supported mainly by 21.0% YoY increase in Non-Interest Income

PBT and Revenue grew 2% and 7% YoY respectively. Credit Rating for Private Debt Securities in Malaysia as at September 2012. Group Securities Portfolio: 39.7% foreign securities as at September 2012.

+2.1% 1,762 1,890 +7.2%

Group Securities Portfolio grew 6.1% annualised and 7.9% YoY.

RM71.1 billion

+7.9% YoY +6.1% Annualised 65.9 68.1 71.1 PBT Revenue

AAA 26% AA 26% A 5% BBB & below 4% Commercial Papers 2% SA (Govt. Guaranteed) 37%

1,539 1,571

RM29.3 billion

RM million

• 97.1% ASEAN
• 2.9% Non-ASEAN
• 42.2% ASEAN
• 57.8% Non-ASEAN

26

9M FY2012 Equity Brokerage League Table by Country 9M FY2012 Total Income (RM mil) 9M FY2012 Fee-based Income for Malaysia

*Maybank Kim Eng represents the combined business of Maybank IB and business segments under Maybank Kim Eng Holdings

1,040.2

RM million

Total Income for Malaysia rose 54% YoY

Country Trading Value (RM mil) YTD Market Share YTD Rank Q1 Q2 Q3 Thailand 41,081 34,140 40,603 12.1% 1 Malaysia 16,538 12,578 14,393 6.9% 3 Indonesia 9,732 11,829 6,182 5.1% 4 Philippines 6,653 4,154 3,348 7.4% 4 Singapore# 32,615 23,444 26,102 7.1% 5 Hong Kong 6,921 4,978 4,739 0.2% Tier 2

# Rank is estimated based on market share

Maybank Kim Eng*: Total Income for Malaysia grew 54% YoY

Primary Subscriber's Fees 25% Arrangers' Fees 21% Advisory Fees 15% Brokerage 20% Placement Fees 9%

Underwriting Fees 7%

Other Fee Income 2% Agency/ Guarantee Fees 1%

270.7 429.1 19.4 34.2 14.1 4.8 9M FP11 9M FY12 Other income Fund based Fee based +54.0% YoY

304.2 468.1

Malaysia, 468.4, 45% Singapore, 210.1 , 20% Thailand, 199.8, 19% Philippines, 80.6, 8% Indonesia, 25.5, 3% Others, 55.7, 5% 9M FY11

27

9M FY2012 Maybank IB’s (Malaysia) Industry Position & Market Share

Source: 1 Bloomberg 2 Bursa Malaysia

Recent Notable Deals Industry Rank by Value Total Value (RM bil) Deals / Issues Market Share M&A1 1 25.3 22 30.6% Equity & Rights Offerings1 2 4.3 9 14.5% Debt Markets – Malaysia Domestic Bonds1 1 19.0 126 28.9% Debt Markets – Malaysia Ringgit Islamic Bonds1 1 15.8 117 31.9% Equity Brokerage2 3 43.5

• 6.9%

Maybank Kim Eng: Maintains leading position in Malaysia, ranking Top 3 across all league tables

Acquisition Financing and Working Capital Lines

Joint Mandated Lead Arranger

RM2,520,000,000

San Miguel Corp’s Acquisition of Esso Malaysia Berhad

May 2012 Multi-Currency Medium Term Notes Programme

Joint Principal Adviser, Joint Lead Arranger, Joint Lead Manager

USD1,500,000,000 June 2012

EXPORT IMPORT BANK OF MALAYSIA BERHAD

Sukuk Commodity Murabaha

Primary Subscriber, Commodity Murabaha Agent

MYR2,600,000,000 July 2012

GOVERNMENT OF MALAYSIA

Adviser To Sime Darby

Disposal of Teluk Ramunia fabrication yard to Petroliam Nasional Berhad; and Disposal of Pasir Gudang fabrication yard to Malaysia Marine and Heavy Engineering Holdings Berhad

RM695,000,000

Sime Darby

April 2012 Joint Bookrunner for the MITI Tranche Joint Underwriter for the Malaysia Public Offering & the Singapore Offering IPO USD2,243,700,000 July 2012

IHH Healthcare Berhad

Adviser to Berjaya Corporation Berhad Privatisation of Cosway Corporation Limited from the Stock Exchange of Hong Kong Limited URM1,430,200,000 June 2012

Berjaya Corporation Berhad

Subordinated Notes MYR1,500,000,000 July 2012

Hong Leong Bank Berhad

Bonds Refinancing MYR4,050,000,000 August 2012

Tanjung Bin Power Sdn Bhd

IPO of REIT MYR4,250,000,000 September 2012

IGB REIT

28

16.3 7.4 11.4 2.6 4.5 8.2 16.6 8.1 11.9 3.1 4.7 8.0 16.5 10.7 13.8 3.4 5.8 8.0

AITAB Mortgage Financing Term Financing Others (CFS) Term Financing Others (GWB)

Sep 11 Dec 11 Sep 12

Aug 12 Aug 11 AITAB 29.9% 32.6% Mortgage 20.3% 19.4% Term financing 24.4% 23.5%

• 1%

+43% +20% +14% +33%

Group Islamic Banking: PBT grew by 43.8% YoY to RM1.1 billion

Maybank Islamic: Total Gross Financing grew15% annualised to RM58.1 billion

Consumer: +16% Business: +12%

Group Islamic Banking Income and PBT*

** Includes financing sold to Cagamas

RM billion

**

+0.04%

Maybank Islamic: Improving key ratios Market Share

* Group Islamic Banking includes Maybank Islamic and the Group‟s

• ther Islamic operations

**

RM million 9M FY12 Sep 2012 9M ended Sep 2011 YoY Growth Fund based income 1,303.0 1,133.9 14.9% Fee based income 366.8 213.2 72.0% Total income 1,669.8 1,347.1 24.0% Allowance for losses on financing 20.5 (29.1)

• 170.4%

Profit before tax and zakat 1,102.3 766.5 43.8%

Sep 12 Dec 11 Sep 11 Financing to Deposit Ratio (Adjusted) 87.5% 83.7% 96.6% Islamic Financing to Total Domestic Loans 29.2% 28.5% 28.2% Gross Impaired Financing Ratio 1.02% 1.62% 1.82% Net Impaired Financing Ratio 0.84% 1.03% 1.18%

** Negative growth on AITAB but continued to strengthen beginning Q3 post Takaful mandatory issues

29

22.93 23.94 24.84 Sept 2011 Dec 2011 Sept 2012

Etiqa: No. 1 Position in Life/Family (new business), General Insurance and Takaful Business

Total Assets (RM billion) Life / Family (New Business) Market Share General Insurance and Takaful Market Share

• No. 1 in Life/Family

(New Business)

• No. 1 in General

Insurance and Takaful

Source: LIAM / ISM Statistics (Jul11-June12)

Loss Ratio Premium

+8.3% YoY +5.0% Annualised

1000 2000 3000 4000

Total Life/Family & General Total General Misc MAT Motor Fire Total Life/Family Group Premium Credit Premium Regular Premium Single Premium

RM Million

3Q12 3Q11 +33.3% +3.8% +196.1% +21.8% +15.4% +9.8%

• 27.7%

+18.6% + 14.9%

• 1.2%

+22.6% 8.3% 9.6% 13.1%

0.0% 5.0% 10.0% 15.0% HL-MSIG Ins. & Tak. Allianz Insurance Etiqa Ins. & Tak.

14.2% 14.5% 17.8%

0.0% 5.0% 10.0% 15.0% 20.0% Prudential Ins. & Tak. Great Eastern Ins. & Tak. Etiqa Ins. & Tak.

16.2% 15.4% 22.3% 33.9% 32.7% 75.1% 84.9% 74.8% 75.0% 78.4% 11.3% 57.5% 43.1% 18.0% 89.5% 36.3% 34.8% 32.1% 39.8% 31.1% 56.9% 64.1% 58.9% 61.8% 64.6%

Sept11 Dec11 Mar12 June12 Sept 12

MAT Motor Overall Misc. Fire

1Q FP11 9M FY12 9M FY11

30

Investor Presentation

Executive Summary Financial Performance Business Sector Review Country Review Economic Update and Prospects

Financial Results: 9 Months FY2012 ended 30 September 2012

31

0.46% 0.47% 0.53% 0.62% 0.53% 0.53% 0.14% 0.18% 0.26% 0.33% 0.32% 0.32%

Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Gross NPL ratio Net NPL ratio

5.5 5.3 6.5 3.1 3.2 4.2 2.9 3.5 1.7 3.0 2.8 2.8 5.3 5.3 5.1 3.3 3.3 3.2 1.1 1.2 1.5 Sep 11 Dec-11 Sep-12 Other (Consumer) Car Loan Housing Loan Others (Corporate) Non-Bank financial Inst General Commerce Building & Const

Maybank Singapore loans grew at 3.0% YoY Diversified Loan Portfolio Asset Quality stable

Singapore: 9M PBT rose 2.8% YoY to SGD307m driven by higher fund based income, lower net provision and marked-to-market gain

Revenue and PBT rose 0.1% and 2.8% YoY respectively

SGD million 9M FY12 Sep 12 9M FY11 Sep 11 YoY Growth Net fund based income 352.2 347.4 1.4% Non interest income 190.3 194.5

• 2.2%

Total income 542.4 541.8 0.1% Provision (1.1) 8.9

• 111.8%

Profit before tax 306.6 298.1 2.8%

SGD billion

Consumer 39%

24.6 24.2

Corporate 61%

24.9 2.1% annualised

8.6% 25.4% 28.6% 14.4% 3.0% 11.4% 14.8% 24.2% 18.4% 9.7%

Jun-10 Jun-11 Dec-11 Jun-12 Sep-12 Maybank Singapore Growth Industry Growth

32

BII: PATAMI grew strongly by 66% YoY, NIM has improved and continuing efficiencies in Operating Expenses

Consolidated Income Statement* Growth In IDR Billion Sep-11 Sep-12 YoY Interest Income 5,864 6,956 19% Interest Expenses (2,778) (3,012) 8% Net Interest Income 3,086 3,944 28% Non Interest Income 1,626 1,639 1% Gross Operating Income 4,712 5,583 18% Operating Expenses (excl. Provision) (3,136) (3,632) 16% Operating Income before Provision 1,576 1,952 24% Provisions (912) (868)

• 5%

Operating Income After Provision 664 1,084 63% Non Operating Income (expense)/Tax/Minority Interest (108) (162) 50% Net Profit after Minority Interest 555 922 66%

* Presentation is as per Bank Indonesia classification

33

Loan-to-Deposit Ratio (Bank only) Net Interest Margin (YTD) Loans composition (IDR trillion)

BII: Strong loans growth of 22% YoY accompanied by improved asset quality

Asset Quality

5.53% 5.22% 5.51% 5.89% 5.88% Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 85.8% 88.9% 90.4% 89.4% 88.5% Sep-11 Dec-11 Mar-12 Jun-12 Sep-12

Modified LDR (consolidated) as of Sep‟12 : 81.96% Modified LDR (bank only) as of Sep‟12 : 80.09%

2.7% 1.2% 1.1% 1.0% 0.9% 4.0% 2.3% 2.1% 2.2% 2.1% Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 Net Impaired Loans ratio Gross Impaired Loans ratio 22.8 25.0 26.6 27.1 27.8 14.7 16.7 17.5 19.9 21.1 24.5 25.4 25.8 26.6 26.9 62.0 67.2 69.8 73.5 75.9 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 GWB SME Consumer Total +17.3% ann. +22.4% YoY (35%) (28%) (37%) (36%) (27%) (37%) (37%) (25%) (38%) (38%) (25%) (37%) (40%) (24%) (37%)

34

BII: Branches and touch points expansion on track

Branches and ATM Capital Adequacy : consolidated (credit,

• perational & market risk)

PATAMI

295 327 337 344 346 351 368 375 389 893 952 1,009 1,017 1,088 1,152 1,190 1,218 1,237 Sep-10Dec-10Mar-11 Jun-11 Sep-11Dec-11Mar-12 Jun-12 Sep-12 Branches ATM + CDM

822 725 634 485 469

• 41

461 669 922 2004 2005 2006 2007 2008 2009 2010 2011 2012 12.33% 12.46% 12.71% 12.56% 12.33% Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 9 months 2012

• We continue to invest in the expansion of network and IT infrastructure
• We grew our footprint by successfully adding 38 new branches and 85

new ATMs across the country during first 9 months of 2012. We have 389 branches and 1,237 ATMs as of 30 September 2012

• Data for new account opening at branches can be done by scanning the

local identity card. First to have this amongst the local banks in Indonesia

• Mobile banking is firmly in place and the Internet banking platforms for

individual, supply chain and corporates are continuously being improved

• Our new trade finance system went live recently
• BII is part of the Maybank IT Transformation Project (ITTP) which will

allow continuous improvement of the Bank‟s critical applications

• Through this vigorous network expansion and IT investment, the Bank

has shown positive growth in net profit

35

1,198 1,185 9 (37) YTD Sep 11 YTD Sep 12 in IDR Billion Total Revenue Profit Before Tax

Revenue and PBT (IDR billion) Financing Amount (IDR billion) Unit Financing (000 unit)

• 1.1%
• 505%

Consolidated Consolidated

Asset Quality : First Installment Default Ratio (%)

Consolidated Stand alone

6.12% 5.72% 5.69% 5.62% 4.85% 3Q FY2011 4Q FY2011 1Q FY2012 2Q FY2012 3Q FY2012

WOM Finance: Asset quality improving but sales affected by new regulations

374 50 424 311 58 23 392 New Used Refinancing Total YTD Sep 11 YTD Sep 12

• 7.5%

4,839 403 5,243 4,012 512 149 4,673 New Used Refinancing Total YTD Sep 11 YTD Sep 12

• 10.9%

36

1,270.9 1,329.6 329.5 540.1 3Q FY11 3Q FY12 VND Bil

Revenue PBT

17,776.6 19,721.5 25,787.3 29,609.2 As at 30 Sept 11 As at 30 Sept 12 VND Bil

Gross Loans Customer Deposits

An Binh Bank: Improved profitability

Revenue and PBT Gross Loans and Deposits  Revenue rose 4.6% VND1,329.6 bil for the nine months ending September 2012. However, overheads increased by 32% to VND747.8 bil as a result of higher staff costs (+VND47.9 bil).  PBT rose 63.9% to VND540.1 bil, attributable mainly to lower provisioning by VND332.4 bil.  Gross loans increased 10.9% YoY due to the central bank‟s new ruling that loans to other financial institutions will be booked as loans to customers.  Customer deposits rose 14.8% on an annualised basis due to higher deposits from the retail sector.  NPL ratio has increased to 6.1% from 5.8% previously, despite the higher gross loan base.

+4.6% +63.9% +14.8% +10.9%

Key Ratios 9M FY12 ended 30 Sept 2012 9M FY11 ended 30 Sept 2011 Return on assets 1.40% 0.80% Return on equity 12.10% 7.00% Cost-to-income ratio 56.24% 44.64% Loans to deposit ratio 66.61% 68.94% NPL Ratio 6.06% 5.79% Net Interest Margin 4.79% 5.09%

9M FY 11 9M FY 12

37

36.4 38.5 24.3 25.9 3Q FY11 3Q FY12 PKR Billion

Revenue PBT

+5.6%

263.6 250.9 476.4 535.5 As at 30 Sept 11 As at 30 Sept 12 PKR Billion

Gross Loans Customer Deposits

• 4.8%

+12.4%

+6.7%

MCB Bank: PBT rose 6.7% YoY

Revenue and PBT Gross Loans and Deposits  PBT rose by 6.7% or PKR1.6 bil to PKR25.9 bil for the first nine months of the year. The improved result was supported by increase in revenue by PKR2.1 bil, despite the higher overheads incurred by PKR0.5 bil.  Gross loans declined 4.8% on an annualised basis due to more the difficult economic environment.  However, customer deposits rose 12.4% to PKR535.5 bil, mostly contributed by corporate deposits.  NIM declined to 6.7% from 7.6%, despite the decline in gross loans balance. Key Ratios 9M FY12 ended 30 Sept 2012 9M FY11 ended 30 Sept 2011 Return on assets 3.19% 3.29% Return on equity 26.69% 27.44% Cost-to-income ratio 33.55% 33.81% Loans to deposit ratio 46.84% 55.32% NPL Ratio 10.40% 10.04% Net Interest Margin 6.71% 7.55%

9M FY 11 9M FY 12

38

Investor Presentation

Executive Summary Financial Performance Business Sector Review Country Review Economic Update and Prospects

Financial Results: 9 Months FY2012 ended 30 September 2012

39

2.90 2.95 3.00 3.05 3.10 3.15 3.20 3.25 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12

0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 Mar-07 Jun-07 Sep-07 Dec-07 Mar-08 Jun-08 Sep-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Sep-12 SRR OPR

(25) (20) (15) (10) (5) 5 10 15 20 25 2 4 6 8 10 12 14 Jan-07 Apr-07 Jul-07 Oct-07 Jan-08 Apr-08 Jul-08 Oct-08 Jan-09 Apr-09 Jul-09 Oct-09 Jan-10 Apr-10 Jul-10 Oct-10 Jan-11 Apr-11 Jul-11 Oct-11 Jan-12 Apr-12 Jul-12 Transport (RHS) Utilities, Housing & Other Fuels Food & Non-Alcoholic Beverages (9) (6) (3) 3 6 9 12 90 100 110 120 130 140 150 160 170 180 190 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 RMb (LHS) % YoY (RHS) % QoQ (RHS)

Malaysia: Sustained economic growth for 2012-2013

MYR/USD: 3.09 by end-2012 and 3.00 by end-2013

CPI and components (% YoY)

Inflation: Moderate at 1.7% in 2012 and 2.7% in 2013 (2011: 3.2%) amid gradual subsidy rationalisation

25bp hikes in OPR in Mar, May, July ‘10 and May ‘11

OPR: Remaining at 3.00% p.a. well into 2013

Sep ‘12 CPI: +1.3% YoY

Real GDP Growth: 5% in 2012 and 4.8% in 2013 as resilient domestic demand counters soft external demand

Quarterly GDP and annual growth rate 2Q12 GDP: +5.4% YoY Ringgit Malaysia per USD RM3.06 per USD as at 8th 2012 OPR and SRR

40

14.4% 12.7% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% Jul 07 Jan 08 Jul 08 Jan 09 Jul 09 Jan 10 Jul 10 Jan 11 Jul 11 Jan 12 Jul 12 Risk Weighted Capital Ratio Core Capital Ratio 0% 5% 10% 15% 20% 25% 800 900 1,000 1,100 1,200 1,300 1,400 Jan 07 Jul 07 Jan 08 Jul 08 Jan 09 Jul 09 Jan 10 Jul 10 Jan 11 Jul 11 Jan 12 Jul 12 Total Deposits Total Deposits YoY Growth 0% 5% 10% 15% 20% 500 600 700 800 900 1,000 1,100 1,200 Jan 07 Jul 07 Jan 08 Jul 08 Jan 09 Jul 09 Jan 10 Jul 10 Jan 11 Jul 11 Jan 12 Jul 12

Total Loans Total Loans YoY Growth Household YoY Growth Business YoY Growth

Malaysia: Banking sector to remain healthy

Total Loans grew 11.9% YoY in Sep12 (Maybank Domestic:12.7%) RM billion Total Deposits grew 11.4% YoY (Maybank Domestic: 11.8%) RM billion Capital Adequacy remains strong at 14.8% in Sep 12 (Maybank: 15.4%) RM billion Impaired Loans RM24.2b, Net Impaired Loans ratio: 1.54% (Maybank: 1.49%) 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 10 12 14 16 18 20 22 24 26 28 30 Mar 11 Apr 11 May 11 Jun 11 Jul 11 Aug 11 Sep 11 Oct 11 Nov 11 Dec 11 Jan 12 Feb 12 Mar 12 Apr 12 May 12 Jun 12 Jul 12 Aug 12 Jul 13 Impaired Loans Net Impaired Loans Ratio

41

• 10%

0% 10% 20% 30% 40% 50% Total Loans Business Loans Consumer Loans

Singapore: Economy to grow below trend in 2012 and 2013 on weak external conditions



Singapore‟s GDP growth for 2012 could come in at the lower half of the

• fficial forecast 1.5-2.5% after total output rose by a disappointing 1.5%

y-o-y in the third quarter.



Looking ahead, the trade-dependent economy is projected to expand at below its potential growth rate (3 – 5%) in 2013 as the IMF anticipates growth across advanced economies to remain sluggish.



Inflation rate in 2012 is forecast to come in at around 4.6 – 4.8%, before easing to 3.5 – 4.5% in 2013 as accommodation costs stabilised. Core inflation is projected to average 2.5% this year, and range between 2-3% in 2013.



Singapore‟s labour market will remain relatively tight, with the overall unemployment rate projected to reach 2.0-2.1% in 2012 and 2.1% in 2013.



DBU Loan growth to range between 13 – 18% in this year, before easing to around 8 – 12% in 2013 due to weaker construction and property- related borrowing. 3-month SIBOR to range between 0.35%-0.45% in 2012 Loan Growth expected to moderate to 13%-18% in 2012

5 10 15 20 25 30 50 55 60 65 70 75 80 3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 2Q 12 3Q 12 (E) Real GDP (S$B) % YoY Growth (RHS)

% YoY Growth

0.30 0.40 0.50 0.60 0.70 Sep-09 Nov-09 Jan-10 Mar-10 May-10 Jul-10 Sep-10 Nov-10 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 May-12 Jul-12 Sep-12 3-month SIBOR

Real GDP growth for 2012 expected to be 1.5%–2.5% (2011: 4.9% )

42

Indonesia: Domestic demand supporting growth

■ GDP growth was sustained at above 6% in 1H 2012 (6.3% YoY), on the back of consumer spending (5.0% YoY), public consumption (6.5% YoY) and investment (11.2% YoY). ■ IDR remains under pressure due to volatile capital outflows and slowdown in exports, prompting Bank Indonesia to intervene in the market to stabilise the currency. We expect IDR/USD exchange rate to end 2012 at 9,400. ■ Amid stable growth momentum, moderate inflation rate and pressures on IDR so far this year, Bank Indonesia maintain its key policy rate at 5.75%. ■ Loans growth is expected to grow 20%-24% by the end of 2012 with the investment segment driving growth. ■ NPL is expected to reach 2%-3% for 2012.

6.37% 3.00% 4.00% 5.00% 6.00% 7.00% 8.00% Q1 2003 Q1 2004 Q1 2005 Q1 2006 Q1 2007 Q1 2008 Q1 2009 Q1 2010 Q1 2011 Q1 2012

Real GDP growth: Improving growth

(y-y)

0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 Nov-08 Apr-09 Sep-09 Feb-10 Jul-10 Dec-10May-11 Oct-11 Mar-12 Aug-12

Bank Indonesia maintain key policy rate at 5.75%

Inflation y-y BI policy rate Core Inflation y-y

(y-y %)

23.3% 21.1% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% Dec-09 May-10 Oct-10 Mar-11 Aug-11 Jan-12 Jun-12

Bank's loan growth: Increase 23.3% y-y in Aug 2012

Loan Deposits

43

Prospects

 The recession in the Eurozone, and slowing growth in China, is adversely affecting the Asian Newly Industrialised Economies (“NIEs” – Hong Kong, Singapore, South Korea and Taiwan). However, the ASEAN 5, comprising of Indonesia, Malaysia, Philippines, Thailand and Vietnam, is expected to outperform as resilient domestic demand is cushioning the weakness in external demand.  Maybank‟s three home markets are Malaysia, Singapore and Indonesia with expected GDP growth rates of 5.0%, 2.5% and 6.2% respectively.  In Malaysia, domestic demand with targeted fiscal policies for social, economic and infrastructure projects supported by an accommodative monetary policy is providing positive growth. In Indonesia, strong domestic demand and inflow of foreign investment has enabled it to grow faster than 6%.  As a result, the banking sector in Malaysia and Indonesia are expected to see continued strong growth.  In Singapore, the moderation in its economic growth and tighter lending guidelines for the property sector is softening loan growth.  As these three markets collectively contribute more than 90% to the Group‟s income and profit, Maybank is expected to see reasonable growth in the last quarter of the year.

44

Prospects (cont.)

 Regionalisation continues to be a major theme for the Group. We are in the process of building a truely regional organisation with good governance and IT infrastructure to anchor widening business capability in global wholesale banking, investment banking, credit cards, treasury and payment operations.  The Group will also enhance its focus to raise customer service, embed the right risk culture and improve its effectiveness and efficiency to improve the cost structure.  The Group is preparing itself for the Basel III regulatory framework and has taken proactive measures to strengthen its equity capital ahead of the Basel III implementation.  Notwithstanding the global challenges, the Group expects a satisfactory performance for the fourth quarter and the financial year ending in December 31, 2012 as a whole, underpinned by ASEAN economic growth.  The Group expects to exceed its target ROE of 15.6% for FY2012 and will continue to take a pragmatic approach on loan and debt securities growth, in line with the Group‟s strategy to grow profitably and responsibly.

45

Mohamed Rafique Merican Group Chief Financial Officer Contact: (6)03-2074 7878 Email: rafique@maybank.com.my

MALAYAN BANKING BERHAD 14th Floor, Menara Maybank 100, Jalan Tun Perak 50050 Kuala Lumpur, Malaysia Tel : (6)03-2070 8833 www.maybank.com

Narita Naziree Head, Group Strategy Management Contact: (6)03-2074 8101 Email: naritanaziree.a@maybank.com.my

• Disclaimer. This presentation has been prepared by Malayan Banking Berhad (the “Company”) for information purposes only and does not purport to contain all the

information that may be required to evaluate the Company or its financial position. No representation or warranty, express or implied, is given by or on behalf of the Company as to the accuracy or completeness of the information or opinions contained in this presentation. The presentation does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any part of it form the basis of, or be relied in any connection with, any contract, investment decision or commitment whatsoever. The Company does not accept any liability whatsoever for any loss howsoever arising from any use of this presentation or their contents or otherwise arising in connection therewith.

Raja Indra Putra Head, Investor Relations Contact: (6)03-2074 8582 Email: rajaindra@maybank.com.my

Investor Relations Contact