The Group broke the RM8 billion mark by achieving a record high net profit for FY2018, driven by growth in net operating income and disciplined cost management.
We cemented our foothold in Singapore by locally incorporating Maybank Singapore Limited, which now houses our Singapore Community Financial Services business effective 5 November 2018.
This translates to a dividend payout ratio of 77.3% and a 6.0% dividend yield – one of the highest among banking stocks in the region.
We introduced our FutureReady Digital Upskilling Programme to increase employees’ digital literacy in line with the Group’s aspiration to be The Digital Bank of Choice.
We are the first Malaysian bank to break into the Global 500 Brands list by Brand Finance, with a brand value of USD4.2 billion.
We are the first bank in Malaysia to introduce a cashless payment solution via QRPay. Meanwhile, the refreshed and optimised Maybank2u website also includes a first-of-its-kind digital financial planner.