Investor Presentation Financial Results Fi First Quarter FY2012 - - PowerPoint PPT Presentation

Investor Presentation

Financial Results

Fi t Q t FY2012 d d 31 M h 2012 First Quarter FY2012 ended 31 March 2012

24 May 2012

www.maybank.com

Investor Presentation

Executive S ummary Financial Performance Business S ector Review Country Review y Economic Update and Prospects

1Financial Results: First Quarter ended 31 March 2012

Key Highlights: Sustainable Profit Growth

• Profit continued to grow in 1Q FY2012
• Y

ear on year, revenue grew 27.7% Y

• Y on the back of 14.0%

growth in fund based income and 54.5% growth in fee income.

• Quarter on quarter, revenue grew 5.4%

after normalising for insurance surplus transfer and the new takaful framework adj ustment.

• P

ATAMI of RM1.35 billion grew 3.9% QoQ and 17.9% Y

• Y

.

• Growth seen across all business pillars
• Growth seen across all business pillars
• All business pillars recorded double digit revenue growth except for Community Financial

S ervices which grew 1.6% .

• PBT rose by RM319 million (+20.2%

) Y

• Y mainly due to growth in Global Wholesale Banking

(+RM294.4m, +46.4% ) and International (+RM135.0m, +41.2% )

• Group loans grew 6.1%

annualised (18.2% Y

• Y) driven by growth of 9.5%

in domestic loans (13.8% Y

• Y) and 15.7%

growth in BII (23.2% Y

• Y)
• Gross and Net Impaired Loan ratio continues to improve to 2.44%

(March 2011: 3.67% ) and Gross and Net Impaired Loan ratio continues to improve to 2.44% (March 2011: 3.67% ) and 1.57% (March 2011: 2.39% ) respectively as at March 2012.

• Strong Financial Position
• Group shareholders’ funds of RM34.0 billion, total assets of RM463.3 billion
• Capital Adequacy Ratio of 15.4%

as at 31 March 2012 (based on 88.5% reinvestment rate)

• Headline KPIs for FY2012
• Annualised ROE of 16.0%

is above target of 15.6% but Loans and Debt S ecurities growth of 7 0% i b l f 15 2%

2

7.0% is below target of 15.2%

Key Corporate Developments

• Strengthening of Management
• Dato’ Khairussaleh Ramli officially began as President Director/ CEO of BII on 6 April 2012.
• Appointment of Mohamed Rafique Merican as Group CFO on 1 June 2012
• Appointment of Herminio M Famatigan Jr as new CEO of Maybank Philippines
• Appointment of Herminio M. Famatigan Jr. as new CEO of Maybank Philippines
• Continued Regional Expansion
• Local incorporation of Maybank (Cambodia) Plc to facilitate further expansion beyond current

branch operations in Cambodia ff d f k

• Representative office opened in Myanmar in anticipation of market opening
• Putting in place mechanism to acquire full control of 48.5%
• owned Kim Eng Vietnam S

ecurities via call option

• Proposed increase in equity interest in Anfaal Capital (S

audi Arabian Investment Bank) from p q y p ( ) 18% to 35%

• Continued branch expansion in Indonesia with BII adding 17 branches to 368 in 1QFY12
• Dividend Reinvestment Plan to Support Organic Growth
• Reinvestment rate of 88 5%

achieved for Final Dividend for 6 months ended 31 Dec 2011

• Reinvestment rate of 88.5%

achieved for Final Dividend for 6 months ended 31 Dec 2011.

• New shares to be listed on 5 June 2012.
• Medium Term Financing Improved Funding Profile With:
• 28 February 2012: Establishes RM7 billion S

ubordinated Note Programme – Issued S ubordinated Notes of RM2.1 billion on 10 May 2012

• 13 April 2012: Redeems RM1.5 billion S

ubordinated Bonds

• 25 April 2012: Redeems US

$300 million S ubordinated S ukuk

• 8 May 2012: Issues S

enior Notes of US$500 million

3

y $

• 14 May 2012: Establishes US

$5 billion Multicurrency Medium Term Note Programme

Key Performance Indicators for 1Q FY12

Target 1Q FY12 * Headline KPIs Return on Equity 15.6% 16.0% Loans and Debt Securities Growth 15.2% 7.0% Other targets Group Loans Growth 16.2% 6.1%

• Malaysia

13.6% 9.5% Singapore 11 4% 3 6%

• Singapore

11.4%

• 3.6%
• Indonesia

20.9% 15.7% Group Deposits Growth 12.3% 8.3%

Note: Loans growth for Singapore and Indonesia are in their local currencies * Annualised

4

Investor Presentation

Executive S ummary Financial Performance Business S ector Review Country Review y Economic Update and Prospects

5Financial Results: First Quarter ended 31 March 2012

1Q FY12 PATAMI rose 17.9% YoY to RM1.35 billion

1Q FY12 2Q FP11 3Q FY11 31 Mar 12 31 Dec 11 31 Mar 11 Net interest income 2,020.7 2,152.7

• 6.1%

1,771.4 14.1% QoQ Change YoY Change Quarter , , % , % Net Fund based income (Islamic Banking) 375.6 427.0

• 12.0%

329.9 13.8% Total net fund based income 2,396.3 2,579.7

• 7.1%

2,101.4 14.0% Net income from insurance business* 87.2 322.3

• 72.9%

84.1 3.7% Non-interest income 1,408.0 1,151.5 22.3% 928.8 51.6% , , Fee based income (Islamic Banking) 159.2 64.7 146.1% 57.8 175.3% Total fee-based income 1,654.5 1,538.5 7.5% 1,070.8 54.5% Net income 4,050.8 4,118.2

• 1.6%

3,172.1 27.7% Overhead expenses (1,994.8) (2,054.0)

• 2.9%

(1,554.0) 28.4% Operating Profit before allowances for losses on loans 2,056.0 2,064.2

• 0.4%

1,618.2 27.1% Allowance for losses on loans (195.9) (230.3)

• 14.9%

(72.2) 171.3% Impairment losses on securities, net (0.5) (68.3)

• 99.3%

4.3

• 111.0%

Operating Profit 1,859.6 1,765.6 5.3% 1,550.3 20.0% Share of profits in associates 35.0 37.7

• 7.2%

25.3 38.3% Profit before taxation and zakat 1,894.6 1,803.4 5.1% 1,575.6 20.2% Taxation & Zakat (528.9) (432.9) 22.2% (389.3) 35.9% Mi it I t t (18 8) (73 8) 74 5% (43 7) 57 0% Minority Interest (18.8) (73.8)

• 74.5%

(43.7)

• 57.0%

Profit after Tax and Minority Interest (PATAMI) 1,346.9 1,296.7 3.9% 1,142.6 17.9% EPS (sen) 17.63 17.22 2.4% 15.60 13.0%

6

*net of insurance claims

Strong Balance Sheet: Total Assets grew 10.6% annualised, LDR stable at 87.2%

RM billion Mar 12 Dec 11 Annualised Growth Mar 11 YoY Growth Cash and short-term funds 44.9 49.1

• 34.1%

32.0 40.4% Deposits with financial institutions 12.8 6.5 394.2% 8.5 50.8% Securities purchased under resale agreements 1.0 1.4

• 120.9%

0.5 101.5% Securities portfolio 71.2 68.1 18.6% 64.2 10.9% Loans, advances and financing 279.1 274.4 6.8% 234.1 19.2% Statutory Deposits with Central Banks 11 1 10 6 20 3% 4 4 151 4% Statutory Deposits with Central Banks 11.1 10.6 20.3% 4.4 151.4% Life, general takaful and family takaful fund assets 20.1 19.9 4.0% 19.0 6.0% Other assets 23.1 21.4 31.1% 17.7 30.4% Total Assets 463.3 451.3 10.6% 380.3 21.8% Deposits from customers 320.2 313.7 8.3% 260.7 22.8% Deposits and placements of banks and FI 39.3 36.8 27.5% 34.0 15.7% Borrowings 8.4 7.2 67.8% 4.8 73.4% Subordinated debts 14.2 14.2 0.5% 8.0 77.1% Subordinated debts 14.2 14.2 0.5% 8.0 77.1% Capital Securities 6.1 6.1 1.0% 6.0 1.6% Insurance & Takaful liabilities & policyholders' funds 20.1 19.9 4.0% 19.0 6.0% Other liabilities 19.7 18.8 19.0% 17.1 14.9% T t l Li biliti 428 0 416 6 10 9% 349 7 22 4% Total Liabilities 428.0 416.6 10.9% 349.7 22.4% Shareholders Funds 34.0 33.4 6.8% 29.9 13.8% Non-controlling interest 1.2 1.2 5.8% 0.8 55.2% Total Liabilities & Equity 463.3 451.3 10.6% 380.3 21.8%

7

Loan-to-deposit Ratio 87.2% 87.5% 89.8%

Gross loans grew 6.1% annualised (18.2% YoY), driven by 11.9% growth in Consumer, 12.7% growth in GWB Malaysia and 15.7% growth in BII

RM billion Mar 12 Dec 11 Annualised Growth Mar 11 YoY Growth Community Financial Services 123.2 120.7 8.4% 110.0 12.0% Consumer 97.7 94.9 11.9% 84.8 15.1% Total Mortgage 43.4 42.1 12.5% 37.2 16.8% Auto Finance 28.6 27.7 13.0% 25.5 12.0% Credit Cards 5.2 5.3

• 7.4%

4.5 16.5% Unit Trust 19.2 18.5 16.1% 16.4 17.7% Other Retail Loans 1.3 1.3

• 3.4%

1.3

• 4.9%

Business Banking + SME 25.5 25.8

• 4.4%

25.1 1.7% SME 4.4 4.5

• 8.6%

14.5

• 70.0%

SME 4.4 4.5 8.6% 14.5 70.0% Business Banking 21.2 21.4

• 3.5%

10.6 100.0% GWB (Corporate) (Malaysia) 59.7 57.8 12.7% 50.7 17.7% Other Loans (0.0) 0.1

• 441.3%

0.0

• 138.2%

Total Domestic 182 8 178 6 9 5% 160 7 13 8% Total Domestic 182.8 178.6 9.5% 160.7 13.8% International 102.1 102.2

• 0.6%

81.5 25.3% Singapore (SGD billion) 24.5 24.7

• 3.6%

20.1 21.8% BII (Rupiah trillion) 69.8 67.2 15.7% 56.7 23.2% Others 19 1 18 4 16 6% 13 5 41 5% * Including Islamic loans sold to Cagamas and excludes unwinding of interest Others 19.1 18.4 16.6% 13.5 41.5% Investment Banking 2.1 1.9 42.7% 0.6 242.2% Gross Loans * 287.1 282.8 6.1% 242.8 18.2%

8

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

Deposits grew 8.3% annualised (22.8% YoY), driven mainly by growth in Singapore of 23.1% (28.0% YoY)

RM bil Annualised Growth YoY Growth SGD bil Annualised Growth YoY Growth Rupiah tril Annualised Growth YoY Growth RM bil Annualised Growth YoY Growth Malaysia Singapore BII Group Savings Deposits 33.9 12.1% 11.0% 3.0 8.4% 7.5% 16.1

• 35.1%

14.7% 47.1 1.1% 10.4% Current Accounts 49.2 14.4% 11.5% 2.6

• 28.6%

9.2% 12.3

• 2.4%

33.8% 60.5 14.4% 11.6% Fixed Deposits 105.2 7.7% 29.8% 21.8 31.8% 32.8% 43.8 33.1% 16.8% 188.0 14.8% 30.3% Others 23.4

• 39.6%

23.3% 0.6 52.0% 115.0%

• 24.7
• 28.1%

25.7% Total Deposits 211.7 4.1% 21.2% 28.0 23.1% 28.0% 72.2 9.8% 26.0% 320.2 8.3% 22.8% Low cost funds (CASA) LD Ratio 39.3% 20.1% 39.3% 33.6% 83.9% 86.6% 95.4% 87.2%

Loans-to-Deposit Ratio

Malaysia Singapore BII Group

88 8% 88.4% 90.1% 87.5% 89.2% 88.8% 88.9% 87.7% 86 3% 87.5% 96.4% 92.5% 86 6% 91.3% 90.7% 88.1% 93.9% 95.4% 87.4% 86.8% 87.2%

J J D J D M

82.6% 83.9%

Jun Jun Dec Jun Dec Mar

86.3% 81.2% 86.6%

J J D J D M

80.9%

J J D J D M

9

Jun 09 Jun 10 Dec 10 Jun 11 Dec 11 Mar 12 Jun 09 Jun 10 Dec 10 Jun 11 Dec 11 Mar 12 Jun 09 Jun 10 Dec 10 Jun 11 Dec 11 Mar 12 Jun 09 Jun 10 Dec 10 Jun 11 Dec 11 Mar 12

Asset Quality continues to improve with Gross and Net Impaired Loan ratio declining to 2.44% and 1.57% respectively

Net Impaired Loan Ratio Allowance for losses on loans

‐14.9% QoQ +171.3% YoY

4.60% 4.67% 4 20% 230.3 195.9

14.9% QoQ

2.99% 4.20% 3.67% 3.35% 3.23% 195.9 2.83% 2.74% 2.39%2.25% 2.18% 1 86% 2.84% 2.44% 72.2 47.7 98.7 1.86% 1.57%

3Q FY11 4Q FY11 1Q FP11 2QFP11 1Q FY12

Day 1 S ep Dec Mar Jun S ep Dec Mar

10

y 1 Jul 10 p 2010 2010 2011 2011 p 2011 2011 2012

Group Fee-Based Income increased 55% YoY to RM1.65 billion*. Excluding Kim Eng it increased 37% YoY.

1 408

+51.6%

929

1,408 3Q FY11 ended 31 Mar 11 1Q FY12 ended 31 Mar 12

+25.6%

929 626

787

+ 3.7% +238.8 ‐95.4% +175.3% +105.7% million +99.3%

44 24 182 53 84 58

149 1 362 109 87 159

RM

Total Non‐Interest Income Commission, service charges and fees Investment & trading income Unrealised gain on securities and derivatives Foreign exchange profit Other Income Net income from insurance business Fee income from Islamic operations

#

1,236

Excluding Kim Eng

+33.1% +5.9% 664 ‐183.3% ‐20 +210.5% 137 +78.1%% 95 +98.9% 361 +175.3% 159 ‐10.5% 75

11

* Includes net income from insurance business & fee income from Islamic operations # Interest rate derivatives

Overheads grew 28.4% YoY due to Kim Eng consolidation & higher personnel costs. Excluding Kim Eng, overheads grew 18.4% YoY.

Personnel costs IT Expenses Marketing Expenses Admin general expenses and establishment costs Admin, general expenses and establishment costs

‐2.9% QoQ +28.4% YoY

• n

2,054.0 1,994.8

QoQ YoY YoY Personnel costs 4 6% 29 9% 21 2% 1Q FY12 With KE Without KE

141.1 130.3 142.9 108.2 440.6 698.4 635.4

RM millio

1,554.0

Personnel costs 4.6% 29.9% 21.2% IT Expenses

• 7.6%

12.9% 4.7% Marketing Expenses

• 24.3%
• 20.1%
• 22.1%

862 6 1,071.6 1,120.9 115.4 135.3

Admin, general expenses & establishment costs

• 9.0%

44.2% 28.8% Total

• 2.9%

28.4% 18.4%

862.6 3Q FY11 2Q FP11 1Q FY12

12

3Q FY11 ended 31 Mar 11 2Q FP11 ended 31 Dec 11 1Q FY12 ended 31 Mar 12

Capital Adequacy remains stable and initiatives to optimise RWA will continue

16.29% 15.35%

14.16% 14.12% 15.20% 14.71%

Group

Adjusted for dividend payment and reinvestment made under the Dividend Reinvestment Plan (DRP) Based on 88.5%^ reinvestment rate Based on 88.5%^ reinvestment rate 9.21% 11.57% 8.73% 10.97% 8.73% 8.55% 8.77% 8.22% 11.80% 11.60% 11.68% 10.68% 31 Dec 11

31 Mar 12 31 Dec 10 31 Mar 11 30 Jun 11 30 Sep 11

Core Equity Ratio* Core Capital Ratio Risk Weighted Capital Ratio

15.54%

15.54%

13.62% 13.19% 13.12%(3) 13.38%

Bank

15.57%

q y p g p

14.46% 14.66%

14.26%

13.15% 13.04% 13.12%# 13.19% 14.69% 14.26% 31 Dec 11

31 Dec 11

31 Dec 10 31 Mar 11 30 Jun 11 30 Sep 11 31 Dec 11

Core Equity Ratio* Core Capital Ratio & Risk Weighted Capital Ratio

31 Mar 12

13

Note: ^ Based on latest indicative acceptance rate on the electable portion of the 4th DRP * Core Equity Ratio computation is based on phase-in / transitional arrangements announced by BNM & BCBS

#

Core Equity Ratio is capped at Core Capital Ratio & Risk Weighted Capital Ratio

Maybank Group: Key Ratios

1Q FY12 FP11 FY11 FY10 FY09 Net Interest Margin 2.37% 2.53% 2.56% 2.80% 2.72% Return on Equity 16%** 16 2%** 15 2% 14 5% 12 8% Return on Equity 16%** 16.2%** 15.2% 14.5% 12.8% Fee to Income Ratio 40.8% 37.6% 36.6% 33.4% 33.0% Cost to Income # 48.7% 49.8% 49.6% 47.3% 52.8% Loan-to-Deposit Ratio 87.2% 87.5% 90.1% 86.8% 87.4% Loan to Deposit Ratio 87.2% 87.5% 90.1% 86.8% 87.4% Asset Quality

Pre‐FRS 139 Post‐FRS 139

Gross NPL or Impaired Loan Ratio 2.45% 2.85% 3.20% 2.90% 3.46% Net NPL or Impaired Loan Ratio 1.57% 1.86% 2.25% 1.22% 1.64% Loan Loss Coverage 94.5% 86.9% 82.3% 124.5% 112.9% Charge off rate (bps) 28 25 23 53 59 Charge off rate (bps) 28 25 23 53 59 Capital Adequacy (Group) Core Capital Ratio* 10.97% 11.57% 11.68% 10.88% 10.81% Risk Weighted Capital Ratio* 15.35% 16.29% 15.20% 14.49% 14.81%

# Total cost excludes amortisation of intangibles for BII and Kim Eng * Adjusted for dividend payment and reinvestment made under the Dividend Reinvestment Plan (DRP)

14

djusted o d de d pay e t a d e est e t ade u de t e de d e est e t a ( ) ** Annualised

Investor Presentation

Executive S ummary Financial Performance Business S ector Review Country Review y Economic Update and Prospects

15

Financial Results: First Quarter ended 31 March 2012

Revenue and PBT growth across most sectors

4 051 3Q FY11 ended 31 Mar 2011 1Q FY12

+61.7% +27.7% million) Global Wholesale Banking (GWB)

3,172 1,589 4,051 1,614 1 308 1Q FY12 ended 31 Mar 2012

+15.9% +40.9% +331.1% +29.1% +23.9% +1.6% Revenue (RM

, 330 373 78 1,013 167 , 465 462 335 1,308 194

Total Community Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful &

1,895 3Q FY11 ended 31 Mar 2011

y Financial Services p g g g , Asset Management

+46.4% +20.2% M million) Global Wholesale Banking (GWB) (Inc. Kim Eng)

1,576 911 1,895 731 1Q FY12 ended 31 Mar 2012

‐19.7% +57.6% +41.2% +22.4% before tax (RM +16.7% +315.3%

257 350 28 328 81 3 404 408 116 463 100

Total Community Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful &

Profit

16

Total Community Financial Services Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management

Note: Head Office & Others: Revenue and PBT : –RM378.4m (3Q FY11) vs. –RM327.7m (1Q FY12) (Inc. Kim Eng)

Revenue grew due to higher fee-based income mainly from GWB and International

2,396

3Q FY11 ended 31 Mar 2011 1Q FY12 ended 31 Mar 2012

Net Fund Based Income rose 14.0%

+14.0%

Global Wholesale Banking (GWB)

+19.8%

llion

2,101 1,190 213 690 , 1,221 300 832

+2.5% +40.8% +20.8% +542.4% +14.5%

• 16.1%

RM mil

213 188 4 20 300 158 28 23 Total # Community Financial Services Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management

3Q FY11 ended 31 Mar 2011 1Q FY12

Fee‐based Income grew by 54.5%

+54.5%

Global Wholesale Banking (GWB) +107.0%

# Includes expenditures of Head Office & Others of RM165.4 million for 1Q FY12 and RM204.8 million for 3Q FY11

1,071 399 1,654 393 476

1Q FY12 ended 31 Mar 2012

+54.5%

• 1.4%

+64.6% +318.5% +47.3% +16.1% +41.2%

M million

399 117 184 73 323 147 393 165 304 307 476 171 Total # Community Financial S i Corporate Banking Global Markets Investment Banking International Banking Insurance, Takaful & Asset Management

RM

^

17

Services

# Includes expenditures of Head Office & Others of RM162.3 million for 1Q FY12 and RM173.7 million for 3Q FY11 ^ Includes net income from insurance business of RM87.2 million for 1Q FY12 and RM84.1 million for 3Q FY11

Increasing contribution from international operations

R P fi B f T Gross loans

5.0% 6.5% 6.2%

Revenue Profit Before Tax

1Q FY2012

International: 37% International: 27%

Gross loans

International: 36%

(Jan 12 – Mar 12)

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

15.2% 6.8% 21.3% 8.3% 15.5%

RM4.05b RM1.89b

37% 27%

RM287.1b*

Mar 2012

36% 73.0% 63.9% 62.6% 15.7%

Mar 2012

3Q FY2011

8 2% 5.5% 4.1% 5.0% 3.6%

68% 12% 16% 4%

Malaysia Singapore Indonesia Others

(Jan 11 – Mar 11)

19.9% 8.2% 13.7% 11.7% 16.5%

RM3.17b RM1.58b RM242.8b*

Mar 2011

66.4% 77.2% 68.2% International: International: International:

18

32% 23% 34%

Community Financial Services: Mortgage grew 12.5% annualised with improving asset quality

Continued growth despite intense competition Asset quality continued to improve

+12.5% annualised +16.8% YoY *

43 4

3.9% 37 3 4.7 5.7 6.1

37.2

M billion

42.1 43.4

3.1% 2.8% 2.2% 1.9% 32.5 36.4 37.3 Mar 11 Dec 11 Mar 11 RM Mar' 11 Jun' 11 S ep' 11 Dec' 11 Mar' 12 Mar 12 Housing loans S hophouse loans

Mortgage market share stable in the latest quarter Mortgage Approvals *: Still at healthy levels at RM4.6 bil.

p Gross Impaired loan ratio - Mortgage

* Industry grew 14.3% YoY

13 0% 13.1% 13.2% 13.2%

illion

5.3 6.4 6.0 5.1 4.6 12.9% 13.0% Mar' 11 Jun' 11 S ep' 11 Dec' 11 Mar' 12

RM b

Mar-11 Jun-11 S ep-11 Dec-11 1QFY12

Mar‐12

19

p

* Based on new extraction rule

p

Community Financial Services: Auto Finance* business improved in volume and market share

Auto Finance* grew 12.9% annualised in March 12

+12.9% annualised

Asset quality remained stable with increasing market share

+12.3% YoY

27 2 28 0 18 8% 19 9% % 2.5% 3.0% 19.5% 20.0% 20.5% billion 25.0 27.2 28.0 0.7% 0.5% 0.6% 0.5% 0.6% 18.8% 18.8% 19.0% 19.4% 19.9% 0.5% 1.0% 1.5% 2.0% 17 5% 18.0% 18.5% 19.0% 19.5% RM Mar 11 Dec 11 Mar 12 0.0% 17.0% 17.5% Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 Gross Impaired loan ratio Hire Purchase Market Share

Proportion of national cars increasing New cars form 87% of total Auto Finance* loans

Mar 11 Dec 11 Mar 12 Hire Purchase Market Share 64%

86% 87% 87% New cars

66% 65% 64% Non‐national cars

14% 13% 13% Used cars

Mar 12 Dec 11 Mar 11 34% 35% 36% National Cars Mar 12 Dec 11 Mar 11 20 * Auto Finance data refers to hire purchase arrangements only

Community Financial Services: Cards continued to grow ahead of industry

d k h f f Cards Market Share Cards performance outperforming industry

Mar 12 Mar 11 Cardbase 18.1% 17.0% YoY Maybank Industry* Cardbase 2.5%

• 3.4%

Billings 24.7% 22.8% Receivables 15.4% 14.5% Merchant Sales 31.0% 29.3% Billings 21.0% 11.6% Receivables 13.7% 7.2% Merchant Sales 18.0% 11.7%

• Market Share 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 receivables

7 0% li d +13.7% YoY

Card base (‘000)

‐0.9% annualised +4.5% YoY 4.5 5.2 5.1 ‐7.0% annualised

n 4,246 4,445 4,435

Mar 11 Dec 11 Mar 12

RM billion M '11 D 11 M '12

21

Mar 11 Dec 11 Mar 12

*Based on new market segmentation effective June 11 onwards

Mar'11 Dec 11 Mar'12

Business Banking and SME: Deposits grew at 6.8% annualised

‐ 4.4% ann. Deposits growth at 6.8% on annualised basis +6.8% ann. Loans decline in 1Q due to repayments

25.3 24.7 24.6 25.8 25.5 39 9 41.2 47.3 50.7 51.5

RM billion RM billion

39.9 41.2

Mar 11 Jun 11* Sep 11* Dec 11* Mar 12 Mar 11 Jun 11* Sep 11* Dec 11* Mar 12* %

Business Banking and SME: Gross Impaired Loans Ratio continues to improve SME loans* market share improving

*Figures are based on new market segmentation effective June 11

*Figures are based on new market segmentation effective June 11

17 0% 17.4% 19.2% 19.9%

16.0% 18.0% 20.0% 22.0%

14.9% 12.9% 13.0% 11.7% 16.5% 17.0%

10.0% 12.0% 14.0% Mar 11 Jun 11 Sep 11 Dec 11 Mar 11

11.7% 10.6%

Mar 11 Jun 11 Sep 11 Dec 11 Mar 12

22

Mar 11 Jun 11 Sep 11 Dec 11 Mar 11 Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 * Classification by Loan S ize based on Bank Negara definition, S ME includes loans under GWB (Corporate)

Global Wholesale Banking: Loans growth driven by Term Loans

Strong position in terms of Trade Finance Market Share Total GWB loans* increased by 2.6% to RM57.6 billion between December 2011 and March 2012.

Mar '12 Dec '11 Sep '11

RM billion

27.7 25.9 28.4 Term Loans

+9.5% Gross Impaired Loans Ratio improved to 2.72% in March 2012

27.5 26.6 Trade Finance

‐3.2%

27.5 2.5 O d f

4 8%

Trade Finance consists of: ‐Short Term Revolving Credits

2.6 2.7 Overdraft

‐4.8%

‐ Offshore Foreign Currency Loans ‐ Factoring ‐ Other Trade Products

23

Note: Latest available Trade Finance market share data as at February 2012

* Total GWB loans excludes US D (COF) loans amounting to RM2.1 billion

Global Markets: Revenue growth supported by non interest income

PBT d R 17% d 24% Y Y i l

408

Profit Before Tax Non‐Interest Income Net Interest Income

PBT and Revenue grew 17% and 24% YoY respectively Credit Rating for Private Debt Securities in Malaysia

462

+16.7% +23.9%

Not Rated, 33%

350

184 304 373 AAA, 36% BBB &

Commercial

Papers, 2%

Note: Commercial Papers of RM 0.3mil excluded from the 3Q FY11 ended 31 Mar 2011 1Q FY12 ended 31 Mar 2012

188 158

3Q FY11 ended 31 Mar 2011 1Q FY12 ended 31 Mar 2012

AA, 24% A, 5% below, 0%

Government

• te

Co e c a ape s o 0 3 e c uded

• t e

above as short‐term papers are not rated 31 Mar 2011 31 Mar 2012 3 Ma 0 3 Ma 0

Group Securities Portfolio grew 18.7% annualised and 10.9% YoY Group Securities Portfolio: 38.5% foreign securities

+18.7% YoY

Securities ‐ Domestic 30.7% Government Securities ‐ Foreign 22.4% Others (NIDs,

4.6 4.8 4.6 Others 64.2 68.1 71.2

+10.9% annualised

• 95.9% ASEAN
• 4 1% non ASEAN

PDS ‐ Foreign 16.1% ( , Bas etc) 6.4%

35.9 34.8 37.8 23.7 28.4 28.8 PDS Gov Sec

RM71.2 billion

• 4.1% non‐ASEAN

24 PDS ‐ Domestic 24.4%

Mar 11 Dec 11 Mar 12

• 48.1% ASEAN
• 51.9% non‐ASEAN

Maybank Kim Eng* reported a total income of RM340.1 million with Malaysia contributing 40%

• f the total income

Total Income (RM mil.): RM340.1 mil

Malaysia, 135 3 40% Others, 7.6, 2%

Total Income for Malaysia rose 77% YoY and 73% QoQ

6.4 140.0 160.0 135.3, 40% Hong Kong, 17.1, 5% Indonesia, 8.7, 3% 2%

RM340.1m

RM million

131.6 5.2 9.5 8.9 3.2 60 0 80.0 100.0 120.0 Other income Fund based Singapore, 78.1, 23% Thailand, 65 5 19% Philippines, 27.7, 8%

R

62.3 65.4 0.0 20.0 40.0 60.0 Fee based

Agency/ G arantee Other Fee Income, 2.6%

1Q FY2012 Fee-based Income for Malaysia

65.5, 19%

1Q FY2012 Equity Brokerage League Table by Country

3QFY11 2QFP11 1QFY12

Country Trading Volume (RM il) Market Share Rank Primary S ubscriber's Fees, 53.1% Underwriting Fees, 2.1% Guarantee Fees, 1.4% (RM mil) Thailand 41,081 12.5% 1 S ingapore* 32,615 7.9% 5 Malaysia 16,538 7.1% 2 Brokerage, 26.4% Arrangers' Fees, 4.8% Placement Fees, 3.6% Indonesia 9,732 5.2% 5 Hong Kong 6,921 0.2% Tier 2 Philippines 6,653 9.3% 2 25 Advisory Fees, 6.1%

25

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

* Rank is estimated based on market share

Maybank Kim Eng has maintained a strong position with several notable deals

1Q FY2012 Maybank IB’s (Malaysia) Industry Position & Market Share Recent Notable Deals

Industry Rank by Total Value Deals / Issues Market Share Rank by Value Value (RM bil) Issues Share M&A1 1 6.2 9 14.3% Equity & Rights Off i 1 0.5 3 30.7% Offerings1 Debt Markets – Malaysia Domestic Bonds1 2 9.6 62 27.1% Bonds1 Debt Markets – Malaysia Ringgit Islamic Bonds1 2 4.5 43 22.2%

Public Offering of S helf Registration Bond Issuance I 2012 Joint Bookrunner, Joint Mandated Lead Arranger Up to IDR5,000,000,000,000

PT ASTRA SEDAYA FINANCE

Source: 1 Bloomberg 2 Bursa Malaysia

Equity Brokerage2 2 16.5

• 7.1%

February 2012 Xiwang Special Steel Co. Ltd.

IPO

Joint Book Runner USD171,000,000 Xiwang Special Steel Co. Ltd. February 2012 IPO

Participating Underwriter

USD501,560,000 GT Capital Holdings, Inc April 2012 IPO

Issuer Manager, Underwriter, Placement Agent

SGD40,400,000 Civmec Limited April 2012

26

26

February 2012 April 2012 April 2012

Group Islamic Banking business sustained profit growth

‐4%

Maybank Islamic: Total Gross Financing grew 5% annualised to RM53.0 billion Group Islamic Banking Income and PBT*

RM million 1Q FY12 3Q FY11 YoY Growth

F d b d i 375 6 329 9 13 9%

15.4 16.6 16.4

+36% ‐3% ‐31% +29% +4%

Fund based income 375.6 329.9 13.9% Fee based income 159.2 57.8 175.4% Total income 534.8 387.7 37.9% Allowance for losses on 40 1 (23 8) -268 5%

9.1 8 1 11.9 8 0 8.8 11.8 8.1

llion

financing 40.1 (23.8) 268.5% Profit before tax and zakat 352.9 201.9 74.8%

6.9 6.4 8.1 4.7 8.0 5.0 8.1

RM bi

Maybank Islamic: Improving key ratios Mar 12 Dec 11 Mar 11

2.8 3.0 3.1 2.8

Financing to Deposit Ratio 80.8% 83.7% 87.2% Islamic Financing to Total Domestic Loans 28.2% 28.5% 26.7% Gross Impaired Financing 1 23% 1 62% 2 48%

AITAB Mortgage Financing Term Financing Others (CFS ) Term Financing Others Mar 11 Dec 11 Mar 12

**

G p g Ratio 1.23% 1.62% 2.48% Net Impaired Financing Ratio 0.92% 1.03% 1.58%

27

Consumer: +2% Business: +13%

*Islamic Banking (includes Maybank Islamic and the Group’s other Islamic operations) ** Includes financing sold to Cagamas

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

Loss Ratio Loss Ratio

Credit Premium Group Premium Combined Gross Premium Jan-Mar 2012 +4.1%

• 2.8%

+38.1% 33.4% 30.7% 55.2% 56.5% 53.0% 60.0% 65.1% Overall Mi Total Life/Family Single Premium Regular Premium Jan- Mar 2011 +3.4% +248.6% +17.5%

• 7 5%

19.8% 20.0% 19.7% Fire 75.3% 72.8% 70.4% 80.0% 83.9% Motor Fire Motor MAT Misc +399.4%

• 5.4%
• 7.5%

+20.0%

• 7.0%

3.8% 3.7% 197.7% 94.3% MAT 35 8% 30.8% 35 1%

Total Assets (RM billion) Life/Family (New Business) Market Share

500 1000 1500 Total General RM Million + 68.1% 35.8% 32.4% 29.0% 35.1%

Mar11 Jun11 Sept11 Dec11 Mar12

Misc 24.2

Total Assets (RM billion)

+7.6% YoY

• No. 1 in Life/Family

(New Business)

14.4% 14.7% 16.4% Prudential Ins. & Tak. Great Eastern Ins. & Tak. Etiqa Ins. & Tak.

+1.3% YTD

22.2 23.9

March 2011 Dec 2011 March 2012

General Market Share

• No. 1 in

General

9.3% 12.7% Allianz Insurance Etiqa Ins. & Tak. 13.0% 14.0% 15.0% 16.0% 17.0%

Source: ISM Statistics (Jan11‐ Dec11).

28

8.5% 0.0% 5.0% 10.0% 15.0% HL‐MSIG Ins. & Tak.

Source: LIAM/ISM Statistics (Jan11‐Dec11) Note: Dec 2011’s figure of RM23.9 billion differ from financial statements of RM25.2 billion due to reclassification of reinsurance and retakaful assets.

Investor Presentation

Executive S ummary Financial Performance Business S ector Review Country Review y Economic Update and Prospects

29

Financial Results: First Quarter ended 31 March 2012

Singapore: 1Q PBT up 7% to S$96m on improved fund and fee based income, partly offset by higher provision and overheads

Diversified Loan Portfolio Revenue and PBT rose 8% and 7% YoY respectively

SGD million 1Q FY12 1Q FY11 YoY

24.6 20.1 24.3 ‐3.8% annualised

SGD million Mar 12 Mar 11 Growth Net fund based income 117.8 112.9 4.4% Non interest income 62.4 53.8 16.1% Total income 180 3 166 7 8 2%

lion

Consumer 40%

4.6 5.3 5.3

1.2 1.3 3.3 3.3 3.3 0.8 Other (Consumer) Car Loan Housing Loan Others (Corporate) Non Bank financial Inst

Total income 180.3 166.7 8.2% Provision 5.9 (1.4) ‐523.9% Profit before tax 95.5 89.3 6.9%

SGD bil

Corporate 60%

6.2 2.6 3.2 3.8 2.4 3.5 1.8 2.4 2.8 2.7 3.9 5.3

Non‐Bank financial Inst General Commerce Building & Const

YoY loans growth outpaced industry‘s Asset Quality remains healthy

'Mar 11 Dec‐11 Mar‐12

0.75% 0.63% 0.58% 0.65% 0.58% 0.46% 0.47% 0.53% 0.62% 0.25% 0 23% 0 26% 0.33%

11.40% 14.80% 24.20% 20.10% 25.40% 28.60% 21.40%

0.07% 0.09% 0.07% 0.25% 0.23% 0.25% 0.23% 0.26% 0.33%

Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12

‐1.38% 11.40% 4.97% 8.60%

Jun‐09 Jun‐10 Jun‐11 Dec‐11 Feb‐12

30

Gross NPL ratio Net NPL ratio

Maybank S ingapore Growth Industry Growth

BII: Net Profit growth by 78% YoY

Income Statement

Rp Billion Q1 2012 Q1 2011 %

• Rp. Billion

Q1 2012 Q1 2011 % Net Interest Income 1,167 975 20% Non Interest Income 628 586 7% Gross Operating Income 1,796 1,561 15% Operating Expenses (excl. provision) (1,247) (1,060) 18% Total Operating Income 549 501 9% Provisions (220) (347)

• 37%

Net Operating Income 329 154 113% Non operating income (expense) 51 62

• 18%

Profit Before Tax 380 216 76% Tax / Deferred Tax (121) (64) 91% Net Profit After Tax 259 152 70% Minority Interest & Profit before Acquisition 8 (2)

• 495%

Net Profit 267 150 78%

31

BII: PBT grew 76%

• n the back of 23%

consolidated loans growth

Net Interest Margin Revenue and PBT (Rp billion)

1,561 1,796

+15.1%

5.67%

, 216 380

Revenue PBT

+75.9%

5.43% 5.28% 5.22% 5.51%

216 Mar-11 Mar-12

Mar‐11 Jun‐11 Sep‐11 Dec‐11 Mar‐12

88.9% 90.4%

Loan‐to‐Deposit Ratio (Bank only) Loan composition (Rp trillion)

0 4 0.4 0.4 56.7 59.5 62.0 67.2 69.8 85.4% 83.0% 85.8% 19.9 21.3 22.2 24.1 25.5 13.3 14.1 14.8 17.3 18.2 0.4 0.4 0.4 56.7 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 4.2 4.6 4.5 4.4 4.2 18.8 19.1 20.1 21.0 21.6 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 32

Modified LDR (consolidated) as of Mar’12 : 83.4% Modified LDR (bank only) as of Mar’12 : 81.3%

Subsidiaries Consumer SMEC Corporate Syariah

BII: Branches and touch points expansion on track

A Q li Asset Quality Branches and ATM

844 893 952 1,009 1,017 1,088 1,152 1,190

4.95% 4.15% 4.03%

260 274 295 327 337 344 346 351 368 806 844 893

3.54% 2.88% 2.75% 1.25% 1.11% 2.27% 2.08%

Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12

Branches ATM+CDM

Mar 11 Jun 11 Sep 11 Dec 11 Mar 12 Net Impaired Loans ratio Gross Impaired Loans ratio

Cost to Income Ratio Capital Adequacy : consolidated (credit, operational & market risk)

13.06%

67.88% 69.43% 65.67%

11.68% 12.33% 12.46% 12.71%

k

Jan‐00 Jan‐00 Jan‐00

Mar-12 Mar-12 Mar-11

Bank Only

33

Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 CAR as of Dec‐11 after taking into account Tier 2 capital of Rp500 bln subordinated bond

d ( billi )

WOM : 5.5% growth in revenue, whilst PBT impacted by provisions arising from 2011 portfolio

Unit Financing

381 402

Revenue and PBT (Rp billion) Unit Financing (In 000 unit)

+5.5%

128 142 DR Billion

‐414.3%

115 128 116 26

7 (22)

YTD Mar'11 YTD Mar'12 in ID 13 26 New Used Total M 11 M 12

Total Revenue Profit Before Tax

Asset Quality Financing Amount (In IDR bn)

Mar‐11 Mar‐12

3.28% 3.20% 3.04% 2.72% 2.51% 1 16% 1.25% 1.29% 1 19%

1,477 1,582 1,498 1,721

1.16% 0.82% 1.25% 1.19% Mar'11 Jun'11 Sep'11 Dec'11 Mar'12

105 224 New Used Total

34

p

Gross NPL Net NPL Mar‐11 Mar‐12

An Binh Bank: Financial Highlights

PBT increased by VND30 0 bil or 20%

largely due

Revenue and PBT PBT increased by VND30.0 bil or 20%

largely due to higher net interest income of VND91.5 bil. The increase is mitigated by the drop in non- interest income of VND12.3 bil, higher overheads f VND28 0 bil d high i i i g f

433.3

+22%

• f VND28.0 bil and higher provisioning of

VND21.1 bil as compared to previous corresponding period.

Gross loans slightly increased by VND188.4 bil or

354.3 147.6 177.6 VND Billion

Revenue PBT

+20%

1% , contributed by corporate customers. Meanwhile, the deposit from customers is higher by VND5,752.9 bil or 25% due to increase in corporate and retail deposits.

1QFY11 1QFY12 V

Gross Loans and Deposits NPL ratio improved from 4.32%

to 2.89%

• n the

back of lower NPL and higher loans portfolio.

K R ti A t 31 M 12 A t 31 M 11

28 976 3

+25% +1%

Key Ratios As at 31 Mar 12 As at 31 Mar 11 Return on assets 1.28% 1.23% Return on equity 11.51% 8.83% Cost‐to‐income ratio 49.45% 52.59%

18,977.7 19,166.1 23,223.4 28,976.3 ND Billion

Loans Customer Deposits

Loans to deposit ratio 66.14% 81.72% NPL Ratio 2.89% 4.32% Net Interest Margin 5.41% 5.20%

A t 31 M 11 A t 31 M 12 VN

Customer Deposits 35

As at 31 Mar 11 As at 31 Mar 12

MCB Bank: Financial Highlights

PBT i d b PKR847 3 il 11% i

Revenue and PBT PBT increased by PKR847.3 mil or 11%

against corresponding period, mainly contributed by increase in non-interest income (NOII) of PKR463.1 mil and lower provisioning by PKR1.1 bil Hi h NOII i ib d b h i

12,978.9 13,223.5

+2%

PKR million

• bil. Higher NOII is contributed by the increase

from dividend income, commission and brokerage fees.

However, the increase in PBT is mitigated by the

12,978.9 7,969.2 8,816.5

Revenue PBT

+11%

drop in net interest income by PKR218.5 mil and also higher overheads by PKR509.8 mil.

Gross loans declined by 10%

given the challenging

• environment. However, deposits grew by 11%

.

1QFY11 1QFY12

PBT

Gross Loans and Deposits

e v o e t. oweve , depos ts g ew by % .

NPL ratio increased from 8.91%

to 10.39% , due largely to the increase of NPL by PKR1.4 bil or 5% . Decline in loan balance also contributed to the higher NPL ratio

Q Q 504 982 0

+11%

PKR million

the higher NPL ratio.

Key Ratios As at 31 Mar 12 As at 31 Mar 11 Return on assets 3.42% 3.43% R t it 28 09% 28 48%

279,657.5 252,772.6 456,494.7 504,982.0

Gross Loans Customer Deposits

Return on equity 28.09% 28.48% Cost‐to‐income ratio 33.74% 30.45% Loans to deposit ratio 50.06% 61.26% NPL Ratio 10.39% 8.91%

As at 31 Mar 11 As at 31 Mar 12

Customer Deposits

‐10%

36

Net Interest Margin 7.65% 9.13%

As at 31 Mar 11 As at 31 Mar 12

Investor Presentation

Executive S ummary Financial Performance Business S ector Review Country Review y Economic Update and Prospects

37

Financial Results: First Quarter ended 31 March 2012

Malaysia: Sustained Economic Growth for 2012

Inflation expected to moderate to 2 7% in 2012 (2011: 3 2%) Growth to be moderate at 4 0% ‐ 5 0% in 2012 (2011: 5 1%)

15 20 25 10 12 14 Transport (RHS) 6 9 12 140 150 160

CPI and components (% YoY)

Inflation expected to moderate to 2.7% in 2012 (2011: 3.2%)

Mar ‘12 CPI: +2.1% YoY

Growth to be moderate at 4.0% ‐ 5.0% in 2012 (2011: 5.1%)

Quarterly GDP and annual growth rate Q411 GDP: +5.2% YoY

(10) (5) 5 10 4 6 8 10 Food & Non-Alcoholic Beverages (3) 3 6 110 120 130 140 (25) (20) (15) 2 Feb-07 May-07 Aug-07 Nov-07 Feb-08 May-08 Aug-08 Nov-08 Feb-09 May-09 Aug-09 Nov-09 Feb-10 May-10 Aug-10 Nov-10 Feb-11 May-11 Aug-11 Nov-11 Feb-12 Utilities, Housing & Other Fuels g (9) (6) ( ) 90 100 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11

2.90

4.0 4.5 F M A N F M A N F M A N F M A N F M A N F 3 4 2 3 4 2 3 4 2 3 4 2 3 4 2 3 4 RMb (LHS) % YoY (RHS) % QoQ (RHS)

Ringgit/USD: RM3.16 by end 2012

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

OPR expected to remain unchanged at 3% until end of 2012 Ringgit Malaysia per USD

2.95 3.00 3.05 3.10

1 5 2.0 2.5 3.0 3.5

May 11

3.15 3.20 3.25

• 11
• 11
• 11
• 11
• 11
• 11
• 11
• 11
• 11
• 11
• 11
• 11
• 12
• 12
• 12
• 12
• 12

0.5 1.0 1.5 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

RM3.12 per USD as at 22nd May 2012 38

Jan- Feb- Mar- Apr- May- Jun- Jul- Aug- Sep- Oct- Nov- Dec- Jan- Feb- Mar- Apr- May-

SRR OPR

Malaysia: Banking Sector to Remain Healthy

Total Loans grew 12.2% YoY for 1Q12 (Maybank Domestic: 13.8% YoY) Total Deposits grew 13.7% YoY (Maybank Domestic 21.2%) Total Loans grew 12.2% YoY for 1Q12 (Maybank Domestic: 13.8% YoY) n Total Deposits grew 13.7% YoY (Maybank Domestic 21.2%) n

20% 25% 1100 1150 1200 1250 Total Deposits Total Deposits YoY Growth 14% 16% 18% 950 1,000 1,050

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

RM billion RM billio

5% 10% 15% 850 900 950 1000 1050 1100 8% 10% 12% 14% 700 750 800 850 900 0% 5% 750 800 850 Jan‐07 May‐07 Sep‐07 Jan‐08 May‐08 Sep‐08 Jan‐09 May‐09 Sep‐09 Jan‐10 May‐10 Sep‐10 Jan‐11 May‐11 Sep‐11 2% 4% 6% 550 600 650 700 n‐07 r‐07 l‐07 t‐07 n‐08 r‐08 l‐08 t‐08 n‐09 r‐09 l‐09 t‐09 n‐10 r‐10 l‐10 t‐10 n‐11 r‐11

r‐12 Apr‐12

15 16 Gross NPL ‐ 3 Months (LHS) Net NPL (RHS)

Capital Adequacy remains strong at 14.7% for 1Q12 1Q12 (Maybank Domestic: 15.35%) Gross NPL RM26.0b, Net NPL ratio: 1.74%

14 7%

M S M S M S M S M S Jan Ap Ju Oct Jan Ap Ju Oct Jan Ap Ju Oct Jan Ap Ju Oct Jan Ap

Apr A

11 12 13 14 15 2.0% 2.3% 2.5% 15 20 25 30 35

% M billion

14.7% 13.0%

7 8 9 10 Core Capital Ratio Risk Weighted Capital Ratio 1.5% 1.8% 5 10 15 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2

RM

39

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 Jan‐1 Feb‐1 Mar‐1 Apr‐1 May‐1 Jun‐1 Jul‐1 Aug‐1 Sep‐1 Oct‐1 Nov‐1 Dec‐1 Jan‐12 Feb‐12 Mar‐12

Singapore: Growth has stabilised but inflation remains a concern

• Singapore’s economy remains on track to expand by 1‐3% in 2012 but

R l GDP th f 2012 t d t b 1% 3%

• Singapore s economy remains on track to expand by 1‐3% in 2012, but

renewed problems in the Eurozone and a persistent slowdown in China’s manufacturing sector could hurt prospects of the country’ trade‐related industries in the near term.

• Inflation rate forecast for 2012 has been raised from 2 5% ‐ 3 5% to

Real GDP growth for 2012 expected to be 1% – 3% (2011: 4.9% )

15 20 75 80

Inflation rate forecast for 2012 has been raised from 2.5% 3.5% to 3.5% ‐ 4.5%, with the tightening of COE supply expected to push up the cost of private car ownership. Core inflation forecast has also been raised to 2.5% ‐ 3.0% in 2012 on the back of higher oil and food prices.

• Unemployment rate is expected to rise from 2.0% in 2011 to 2.2% –

(10) (5) 5 10 50 55 60 65 70

Unemployment rate is expected to rise from 2.0% in 2011 to 2.2% 2.4% in 2012 as companies hire more cautiously.

• DBU Loan growth to ease to around 7% ‐ 10% in 2012 (from +30% in

2011), weighed by a slowdown in trade financing. transportation and property loans.

(10) 50 1Q 09 2Q 09 3Q 09 4Q 09 1Q 10 2Q 10 3Q 10 4Q 10 1Q 11 2Q 11 3Q 11 4Q 11 1Q 12 (E) R l GDP (S $B) % Y Y G th (RHS )

p ope y oa s

• Net interest margin (NIM) to increase marginally to 1.8% ‐ 2.1% in 2012

(vs. 1.7% – 2.0% in 2011) as banks factor in higher risk premiums in response to the uncertain economic climate.

3‐month SIBOR to range between 0.35%‐0.45% in 2012 Loan Growth expected to moderate to 7% 10% in 2012

Real GDP (S $B) % YoY Growth (RHS ) 0.70

Loan Growth expected to moderate to 7%‐10% in 2012

20% 30% 40% 50%

% YoY Growth

0.50 0.60

• 10%

0% 10% 20% 0.30 0.40

Apr-09 un-09 ug-09 Oct-09 ec-09 eb-10 Apr-10 un-10 ug-10 Oct-10 ec-10 eb-11 Apr-11 un-11 ug-11 Oct-11 ec-11 eb-12 Apr-12

40

Total Loans Business Loans Consumer Loans

A Ju Au O De Fe A Ju Au O De Fe A Ju Au O De Fe A

3-month S IBOR

Indonesia: Moderating but Respectable Growth for 2012

■ Q1 2012 GDP growth around 6.31%

, lower than the growth in Q4 2011 at 6.49% . S lowing growth in Q1 2012 mainly come from slowing growth of exports (7.81% in Q1 2012 compared to 7.91% in Q4 2011) and investment (9.94% in Q1 2012 compare 11.52% in Q4 2011)

Real GDP Growth: Slowing growth

8.00% (y-y)

Q4 2011)

■ Despite higher inflation expectat ion this year, Bank Indonesia

stays to stimulate economic growth by maintain key policy rate at 5.75% .

■ US

D/ IDR will hover around 9000 area due to strong capital inflow

6.31% 5.00% 6.00% 7.00%

■ US

D/ IDR will hover around 9000 area due to strong capital inflow and better risk appetite assuming the euro zone debt crisis

• solved. Y

et with some volatility that might appear, we expect rupiah will most likely be in the range of 9000 – 9,400

■ Loans growth is expected to grow 20%

by the end of 2012 with

3.00% 4.00% Q1 2003 Q4 2003 Q3 2004 Q2 2005 Q1 2006 Q4 2006 Q3 2007 Q2 2008 Q1 2009 Q4 2009 Q3 2010 Q2 2011 Q1 2012

the investment segment driving growth.

■ NPL is expected to reach 3.01%

for 2012.

Bank’s loan growth: Stable as at February 2012 Bank Indonesia maintain key policy rate at 5.75%

2003 2003 2004 2005 2006 2006 2007 2008 2009 2009 2010 2011 2012

30.0%

(y-y %)

23.6% 20.0% 15.0% 20.0% 25.0% Loan Deposits

8.0 10.0 12.0 14.0 Inflation y-y BI rate

(y y )

0.0% 5.0% 10.0%

2.0 4.0 6.0

41 J an-10 J un-10 Nov-10 Apr-11 Sep-11 Feb-12

0.0 Nov-08 Apr-09 Sep-09 F eb-10 J ul-10 Dec-10 May-11 Oct-11 Mar-12

Prospects

• Global GDP growth is forecast at 3%

in 2012 (2011 est.3.8% ) The Eurozone, US and China expected to record slower economic growth in 2012.

• Group expects to see reasonable business growth in 2012

– Malaysia: Economic Transformation Program (ETP) proj ects and relatively low interest rates (OPR at 3% throughout 2012) in Malaysia – Indonesia: S trong domestic demand and a relatively under-penetrated banking sector. S ingapore: export-oriented economy will record slower growth than in 2011 – S ingapore: export-oriented economy will record slower growth than in 2011.

• S

trategy of responsible growth, equal focus on managing asset quality and liquidity through sound risk management practices, particularly given the current global environment.

• Regionalisation initiatives: building a truly regional organisation and governance structure across all
• Regionalisation initiatives: building a truly regional organisation and governance structure across all

functions by building physical infrastructure, such as IT , and in delivering value in areas such as investment banking, global wholesale banking, credit cards, global markets and payments.

• Focus on further raising customer service quality, embedding right risk cult ure, and driving greater

effectiveness and efficiency and improved cost structure.

• BNM is expected to release a concept paper detailing out the revised definition of regulatory capital

computation for industry consultation soon. Barring unforseen circumstances, the Bank is well prepared to comply with the BNM requirements for 2013 comply with the BNM requirements for 2013.

• Notwithstanding the global challenges, the Group expects to maintain a satisfactory financial performance

for FY2012 in view of expected growth in the key AS EAN markets where the Group operates. The Group is on track to achieve target Return on Equity of 15.6%

• n an enlarged equity base (FP11:16.2%

annualised).

42

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

Ronnie Royston Fernandiz Head Finance & Treasury Operat ions

Investor Relations Contact

Head, Finance & Treasury Operat ions Contact: (6)03-2074 8963 Email: ronnie@ maybank.com.my Narita Naziree Head, Group S t rat egy Management Contact: (6)03-2074 8101 Email: naritanaziree.a@ maybank.com.my Raja Indra Putra Head, Invest or Relat ions Contact: (6)03 2074 8582 Contact: (6)03-2074 8582 Email: raj aindra@ maybank.com.my

• Disclaimer. This presentat ion has been prepared by Malayan Banking Berhad (t he “ Company” ) for information purposes only and does not purport t o contain all the

informat ion t hat may be required t o evaluate the Company or its financial posit ion. No representat ion 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 presentat ion does not constitute or form part of an offer, solicitation or invitation of any offer, t o buy or subscribe for any securities, nor should it or any part of it form the basis of

• r be relied in any connection with any contract

investment decision or commit ment whatsoever

43

it form the basis of, or be relied in any connection with, any contract, investment decision or commit ment 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.