Launch of joint venture with PT Bank Nusa Internasional of Indonesia


Maybank sells Kwong Yik Bank to Rashid Hussain Berhad in December


Maybank acquires a 60% stake in PNB-Republic Bank of the Philippines, and renames it Maybank Philippines Inc


Maybank acquires Pacific Bank Bhd and Phileo Allied Bank Bhd. In 2001, they were merged into Maybank’s operations


Maybank and Fortis International NV, one of the largest providers of integrated financial services in Europe, collaborate to set up Mayban Fortis Holdings Bhd (later renamed Maybank Ageas Holdings Berhad) in a 70:30 partnership.


Acquisition of Malaysia National Insurance Bhd (MNI), Malaysia’s largest national insurer and its subsidiary, Takaful Nasional Sdn Bhd (Takaful Nasional), Malaysia’s premier Takaful provider. Maybank Ageas Holdings Berhad is then merged with MNI and Takaful Nasional to form Maybank's Insurance and Takaful unit under the brandname Etiqa.


Acquisition of stakes in Bank Internasional Indonesia (BII, later renamed Bank Maybank Indonesia in 2015), An Binh Bank of Vietnam and MCB Bank Ltd of Pakistan.
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Acquisition of Kim Eng Holdings Ltd, a Singapore-listed investment banking group with a strong regional platform.
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Sale of Papua New Guinea subsidiaries to Kina Ventures Ltd.
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