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Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

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Page 1: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

0www.maybank.com

Investor Presentation

Financial Results2Q FY2016 and 1H FY2016 ended 30 June 2016

25 August 2016

Humanising Financial Services

Page 2: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

1

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

Page 3: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

2

Franchise-led growth

1H FY2016 Performance UpdateNet operating income growth of 8.7% YoY to RM 10.74 billion with net profit of RM 2.59 billion

• Revenue growth supported by higher net fund and net fee based income growth:

o Net fund based income rose 9.3% YoY as Group loans grew 4.3%

o Net fee based income increased 7.4% YoY due to higher non-interest income

growth

• Strong PPOP growth of 10.6% YoY to RM5.49 billion driven by strong income

growth of 8.7% and lower cost growth of 6.8%

1

• Improved CIR of 48.7% for 1H FY2016 from 49.5% a year ago

• Positive JAWS position of 1.9%, as income growth was faster than overheads

growth. By comparison, 1H FY2015 saw a negative JAWS position of -4.5%

Effective Cost

Management Control

• Group GIL ratio at 2.34% while Group NPL ratio was 1.32% as at Jun 2016

• Stable loan loss coverage of 70.5%, with net credit charge off rate at -80 bps YTDAsset Quality

4

• Further improvement in Group LDR of 88.5%, arising from funding-led growth in

Malaysia and Singapore

• Group LCR of 148% as at Jun 2016

• Total capital ratio at 18.99%* and CET1 capital ratio at 13.59%* as at Jun 2016

• Interim dividend of 20 sen per share.

Strong Liquidity and

Capital Positions

5

*After proposed dividend and assumption of 85% reinvestment rate. Fully loaded Group CET1 capital ratio is 13.22%

Improving loan

growth trend (QoQ)2

3

• Group loans grew 2.1% QoQ (vs -3.9% in 1Q), as loans in Malaysia increased 1.9%

(vs -1.3% in 1Q) and loans in Indonesia grew 4.1% (vs -0.2%)

Page 4: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

3

FY2016 Headline Key Performance Indicators Improved balance sheet growth QoQ

Notes:

1Normalised to exclude the conversion effects for Singapore, Indonesia, Philippines, Greater China and Labuan (USD)

2In local currency terms

Key Performance Indicators FY2016 GuidanceQoQ Annualised YoY

1Q FY2016 2Q FY2016 1H FY2016 1H FY2016

Headline KPI

Return on Equity (annualised) 11%-12% 9.3% 7.5% 8.3% -

Other Guidance

Group Loans Growth (reported) 8%-9% (3.9)% 2.1% (3.6)% 4.3%

Group Loans Growth (normalised)1 - (1.5)% 0.9% (1.4)% 1.6%

• Malaysia 6%-7% (1.3)% 1.9% 1.1% 3.9%

• Singapore2 3%-4% (1.3)% (0.1)% (2.9)% 0.4%

• Indonesia2 11%-13% (0.2)% 4.1% 7.9% 7.1%

Group Deposits Growth (reported) 10%-11% (0.9)% 3.8% 5.8% 12.5%

Group Deposits Growth (normalised)1 - 1.2% 2.6% 7.7% 9.8%

Page 5: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

4

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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5

P&L Summary: 1H FY2016Strong PPOP growth of 10.6% YoY to RM5.5 billion, supported by good income growth and cost management

¹Pre-provisioning operating profit (PPOP) is equivalent to operating profit before impairment losses

* From consolidated Group numbers, Insurance and Takaful accounts for 6.3% of net fund based income and 7.8% of net fee-based income

More

details

onRM million

1H

FY2016

1H

FY2015YoY

2Q

FY2016

1Q

FY2016QoQ

2Q

FY2015YoY

s.7 Net fund based income * 7,603.4 6,958.7 9.3% 3,780.3 3,823.1 (1.1)% 3,543.3 6.7%

s.7/28/29 Net fee based income * 3,134.3 2,917.2 7.4% 1,565.6 1,568.7 (0.2)% 1,345.1 16.4%

s.6/31 Net operating income 10,737.7 9,875.9 8.7% 5,345.9 5,391.8 (0.8)% 4,888.4 9.4%

s.12 Overhead expenses (5,243.9) (4,907.9) 6.8% (2,623.7) (2,620.2) 0.1% (2,418.6) 8.5%

s.6 Pre-provisioning operating profit (PPOP) ¹ 5,493.8 4,968.0 10.6% 2,722.2 2,771.6 (1.8)% 2,469.8 10.2%

Net impairment losses (2,059.7) (693.6) >100.0% (1,181.2) (878.4) 34.5% (395.0) >100.0%

Operating profit 3,434.2 4,274.4 (19.7)% 1,541.0 1,893.2 (18.6)% 2,074.8 (25.7)%

s.31 Profit before taxation and zakat (PBT) 3,515.3 4,392.5 (20.0)% 1,584.0 1,931.3 (18.0)% 2,150.5 (26.3)%

Profit attributable to equity holders of

the Bank (Net Profit)2,586.7 3,284.9 (21.3)% 1,159.9 1,426.8 (18.7)% 1,584.5 (26.8)%

EPS - Basic (sen) 26.4 35.0 (24.6)% 11.8 14.6 (19.5)% 16.8 (29.7)%

Page 7: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

6

Group Global Banking (GB)

9,876

5,755

3,559

63666

713

10,738

6,315

4,227

72653

721

Total Group CommunityFinancial Services

Group CorporateBanking & Global

Markets

Group InvestmentBanking

Group AssetManagement

Group Insurance &Takaful

1H FY2015

1H FY2016Group Global Banking (GB)

4,968

2,563 2,713

130 7409

5,494

2,9173,320

171(3)

392

Total Group CommunityFinancial Services

Group CorporateBanking & Global

Markets

Group InvestmentBanking

Group AssetManagement

Group Insurance &Takaful

1H FY2015

1H FY2016

Franchise-Led GrowthPPOP growth of 10.6% supported by strong growth in Group Global Banking and Group Community Financial Services

Note: Net income & PPOP for group includes expenditures of “Head Office & Others” of RM852.9 million for 1H FY2015 and RM1,303.7 million for 1H FY2016.

Net Operating Income

RM

million

+8.7%

RM

million

+17.5%

PPOP

+22.4%

+9.7% +18.8% +14.1% +1.2% (20.5)%

+10.6%

+13.8% +22.4% +32.1% (4.1)% (>100)%

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7

6,959

4,227

2,373

100 0 459

7,603

4,860

2,543

143 (3)491

Total Group CommunityFinancial Services

Group CorporateBanking & Global

Markets

Group InvestmentBanking

Group AssetManagement

Group Insurance &Takaful

1H FY2015

1H FY2016 +9.3% YoY

+15.0% YoY +7.2% YoY +7.1% YoY

Franchise-Led GrowthNet fund based rose 9.3% YoY, mainly driven by growth of 15.0% in Group Community Financial Services (CFS)

Note: Net fund based income includes expenditures of “Head Office & Others” of RM199.2 million for 1H FY2015 and RM431.4 million for 1H FY2016.

Net fee based income includes expenditures of “Head Office & Others” of RM689.1 million for 1H FY2015 and RM872.3 million for 1H FY2016.

Net Fund Based Income

2,917

1,528 1,186

572

66 254

3,134

1,455 1,683

583

55 230

Total Group CommunityFinancial Services

Group CorporateBanking & Global

Markets

Group InvestmentBanking

Group AssetManagement

Group Insurance &Takaful

1H FY2015

1H FY2016 +7.4% YoY

+1.9% YoY +41.9% YoY (4.8)% YoY (16.7)% YoY (9.5)% YoY

Group Global Banking (GB)

Group Global Banking (GB)

Net Fee Based Income

RM

million

RM

million

+43.3% YoY (>100)% YoY

+8.5% YoY

+27.3% YoY

Page 9: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

8

Group Gross Loans Growth: 30 June 2016Improved QoQ group loans growth of 2.1%, supported by growth of 4.1% in Indonesia and 1.9% in Malaysia

30 Jun

2016

31 Mar

2016

2Q vs 1Q

QoQ

31 Dec

2015

1Q vs 4Q

QoQ

30 Jun

2015YoY

Group Gross Loans 451.1 441.7 2.1% 459.4 (3.9)% 432.5 4.3%

Malaysia (RM billion) 257.3 252.6 1.9% 255.9 (1.3)% 247.6 3.9%

Community Financial Services 187.2 184.1 1.7% 183.2 ¹ 0.5% 175.3 6.8%

Global Banking 71.4 69.4 2.8% 73.3 ¹ (5.3)% 73.4 (2.8)%

International (RM billion) 186.7 182.2 2.5% 196.5 (7.3)% 179.0 4.3%

Singapore (SGD billion) 36.7 36.7 (0.1)% 37.2 (1.3)% 36.6 0.4%

Community Financial Services 19.8 19.9 (0.3)% 20.2 (1.5)% 19.1 3.9%

Global Banking 16.6 16.6 0.0% 16.8 (1.0)% 17.2 (3.4)%

Indonesia (Rupiah trillion) 119.3 114.6 4.1% 114.8 (0.2)% 111.4 7.1%

Community Financial Services 95.6 92.2 3.6% 92.4 (0.2)% 89.0 7.4%

Global Banking 23.5 22.0 6.7% 22.0 0.1% 22.2 5.8%

Other markets (RM billion) 40.7 41.4 (1.9)% 47.7 (13.1)% 44.9 (9.5)%

Investment banking (RM billion) 7.1 6.9 2.9% 7.1 (2.3)% 5.8 22.9%

¹ Re-based loan growth figures are based on adjusted 31 December 2015 position in line with migration of client accounts, implemented on 1 January 2016

Page 10: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

9

RM billion30 June

2016

31 Mar

2016

2Q vs 1Q

QoQ

31 Dec

2015

1Q vs 4Q

QoQ30 Jun

2015YoY

Community Financial Services (reported) 187.2 184.1 1.7% 182.7 0.8% 175.3 6.8%

Community Financial Services (rebased) ¹ 187.2 184.1 1.7% 183.2 0.5% 175.3 6.8%

Consumer 149.3 147.4 1.3% 146.9 0.3% 141.4 5.6%

Total Mortgage 72.2 70.7 2.1% 69.2 2.2% 65.1 11.0%

Auto Finance 41.3 40.6 1.8% 40.8 (0.6)% 40.4 2.3%

Credit Cards 6.3 6.2 1.3% 6.4 (2.7)% 6.0 5.7%

Unit Trust 27.0 27.4 (1.7)% 28.1 (2.4)% 27.7 (2.8)%

Other Retail Loans 2.5 2.4 2.4% 2.4 2.2% 2.3 9.1%

Business Banking + SME (reported) 37.9 36.8 3.1% 35.8 2.6% 33.9 11.7%

Business Banking + SME (rebased) ¹ 37.9 36.8 3.1% 36.3 1.3% 33.9 11.7%

SME (reported) 11.4 10.6 7.1% 10.2 3.7% 8.9 28.1%

SME (rebased) ¹ 11.4 10.6 7.1% 9.9 6.8% 8.9 28.1%

Business Banking (reported) 26.6 26.2 1.5% 25.6 2.2% 25.1 5.9%

Business Banking (rebased) ¹ 26.6 26.2 1.5% 26.4 (0.8)% 25.1 5.9%

Global Banking (Corporate) (reported) 71.4 69.4 2.8% 73.8 (5.9)% 73.4 (2.8)%

Global Banking (Corporate) (rebased) ¹ 71.4 69.4 2.8% 73.3 (5.3)% 73.4 (2.8)%

Total Malaysia 257.3 252.6 1.9% 255.9 (1.3)% 247.6 3.9%

¹ Re-based loan growth figures are based on adjusted 31 December 2015 position in line with migration of client accounts, implemented on 1 January 2016

Malaysia Loans Growth: 30 June 2016Loans growth of 1.9% QoQ, arising from improved growth in corporate, consumer and SME segments

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10

30 Jun

2016

31 Mar

2016

2Q vs 1Q

QoQ

31 Dec

2015

1Q vs 4Q

QoQ

30 Jun

2015YoY

Group Gross Deposits 510.1 491.5 3.8% 495.8 (0.9)% 453.5 12.5%

Malaysia (RM billion) 306.8 294.1 4.3% 292.2 0.6% 285.4 7.5%

Savings Deposits 42.0 41.4 1.5% 40.0 3.4% 40.3 4.3%

Current Accounts 75.2 74.3 1.2% 74.2 0.2% 72.5 3.7%

Fixed Deposits 173.6 163.5 6.2% 163.0 0.3% 155.2 11.8%

Others 16.0 14.9 7.2% 15.0 (0.2)% 17.4 (7.8)%

International 204.9 198.9 3.0% 205.1 (3.0)% 169.6 20.8%

Singapore (SGD billion) 46.2 45.8 0.9% 43.6 4.8% 39.0 18.4%

Savings Deposits 4.6 4.3 8.3% 4.3 (0.2)% 4.5 2.8%

Current Accounts 5.8 5.1 13.7% 5.0 2.0% 5.1 13.2%

Fixed Deposits 34.7 35.4 (2.0)% 33.6 5.3% 28.9 20.2%

Others 1.1 1.0 8.4% 0.8 29.3% 0.5 97.0%

Indonesia (Rupiah trillion) 114.4 115.2 (0.6)% 115.9 (0.6)% 106.9 7.0%

Savings Deposits 26.2 26.1 0.5% 25.6 1.9% 24.0 9.2%

Current Accounts 18.7 17.3 7.9% 16.2 7.2% 18.4 1.7%

Fixed Deposits 69.5 71.9 (3.3)% 74.2 (3.0)% 64.5 7.8%

Group Deposits Growth: 30 June 2016Stronger QoQ group deposit growth of 3.8%, led by deposit growth of 4.3% in Malaysia

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11

NIM Trend: 1H FY2016Slight NIM compression of 3 bps YTD

2.28

2.38

2.29

2.34

2.23

2Q '15 3Q '15 4Q '15 1Q '16 2Q '16

Net Interest Margin QoQ Trend

2.48

2.43

2.31 2.31

2.28

FY2012 FY2013 FY2014 FY2015 1H FY2016

5-Year Trend

Page 13: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

12

Overheads: 1H FY2016Lower YoY cost-to-income ratio of 48.7% and positive JAWs of 1.9%, as income growth outpaced cost growth

(RM’ mil)1H

FY2016

1H

FY2015YoY 2Q FY2016 1Q FY2016 QoQ

Personnel Costs 2,832.5 2,792.7 1.4% 1,418.4 1,414.1 0.3%

Establishment Costs 941.2 737.8 27.6% 465.4 475.9 (2.2)%

Marketing Expenses 275.2 354.7 (22.4)% 135.2 140.0 (3.5)%

Administration &

General Expenses 1,195.0 1,022.7 16.8% 604.9 590.2 2.5%

Total 5,243.9 4,907.9 6.8% 2,623.7 2,620.2 0.1%

Group overheads composition

% 1H FY2016 1H FY2015 YoY 2Q FY2016 1Q FY2016 QoQ

Total Cost to Income ¹ 48.7 49.5 (0.8) 48.9 48.4 0.5

Group JAW Position 1.9 (0.9)

¹ Total cost excludes amortisation of intangible assets for Maybank Indonesia and Maybank Kim Eng

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13

95.4% 96.6% 92.7% 89.9% 88.5%

34.9% 35.3% 33.7% 33.3% 33.4%

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

LDR CASA

LDR and CASA Ratio: 30 Jun 2016Group LDR improved further to 88.5%, arising from better LDR trends in Malaysia and Singapore

Singapore Indonesia

Group Malaysia

92.1% 93.4% 92.3% 90.2% 89.1%

39.6% 41.1% 37.1% 36.9% 35.9%

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

104.8% 104.0% 99.6% 100.1% 104.8%

39.7% 39.4% 36.0% 37.7% 39.3%

89.7% 90.0% 86.1% 87.6% 90.3%

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

LDR (Bank Level)

93.7% 95.7%85.3% 80.3% 79.4%

24.6% 24.6% 21.2% 20.4% 22.5%

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

Note: LDR is based on gross loans over customer deposits, a methodology adopted by Maybank effective January 2016

*Includes investment accounts totaling RM30.96 billion for 30 June 2016, RM25.07 billion for 31 Mar 2016 and RM17.66 billion for 31 Dec 2015, captured under Maybank Group’s

management reporting of total deposits

Page 15: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

14

Strong LiquidityGroup LCR well above Bank Negara minimum

Objective

Short-term resilience – Adequate level

of high-quality liquid assets to meet

liquidity need for next 30 days under

significant stress scenario

Stock of high quality liquid assets

Net cash outflows over 30-day period

Ratio

BNM Minimum

Requirement

Year LCR

1 Jun 2015 60%

1 Jan 2016 70%

1 Jan 2017 80%

1 Jan 2018 90%

1 Jan 2019 &

thereafter100%

148 141 148

Dec 15 Mar 16 Jun 16

Group Liquidity Coverage Ratio (%)

Liquidity Coverage Ratio

BNM min

requirement

of 70%

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15

300.9

667.9

466.7

865.1

981.7

548.9

1,846.8

2QFY2015

3QFY2015

4QFY2015

1QFY2016

2QFY2016

1HFY2015

1HFY2016

Allowances for losses on loans

83.4% 85.4%72.0% 70.1% 70.5%*

Loan loss coverage (LLC)

Allowance for losses on loans

Asset QualityStable loan loss coverage of 70.5% as at end June 2016 despite rise in impaired loans

RM

million

56%15%

14%

9%6%

GIL Composition by Country for 1H FY2016

* Loan loss coverage including Regulatory Reserve is 73.6%

70.5%

55% 48%39%

30%

GrossImpaired

Loans

IA+CA 100% of OpenMarket Value

(OMV)

40% OMVDiscount

60% OMVDiscount

72% OMVDiscount

Collateral Coverage for Home Markets

Covered by

Collaterals

Malaysia

Singapore

Greater

China

Others

Collaterals include cash, fixed deposit receipts (FDR), standby letter of credit (SBLC), land

and building and quoted shares, amongst others. Under discounted scenarios, only cash, FDR

and SBLC are maintained at full value (100%)

Indonesia

100% LLC for

Greater China

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16

56%29%

15%

NPL

R&R

IPL

GIL Ratio Components June

2016

March

2016

Dec

2015

Sept

2015

Non Performing Loans

(NPL)

1.32% 1.39% 1.15% 1.05%

Restructured &

Rescheduled (R&R)

0.67% 0.33% 0.23% 0.02%

Performing Loans

Impaired Due to

Judgmental/ Obligatory

Triggers (IPL)

0.35% 0.39% 0.48% 0.47%

GIL Ratio 2.34% 2.11% 1.86% 1.54%

Group GIL Ratio Composition

0.97 1.13 1.04 1.06 1.15 1.141.38

1.64 1.72

1.501.65 1.52 1.50 1.56 1.54

1.862.11

2.34

Jun2014

Sep2014

Dec2014

Mar2015

Jun2015

Sep2015

Dec2015

Mar2016

Jun2016

Gross Impaired Loans Ratio (%) Net Impaired Loans Ratio (%)

Group Impaired Loans Ratio

0.74% 0.69% 0.61% 0.67% 0.70% 0.73% 0.81%0.98%

0.79%

1.17% 1.11%1.00% 1.01% 1.04% 1.05%

1.15%

1.39%1.32%

Jun2014

Sept2014

Dec2014

Mar2015

Jun2015

Sept2015

Dec2015

Mar2016

Jun2016

Gross NPL ratio Net NPL ratio

Group Non-Performing Loans (NPL) Ratio

*Bursa Malaysia financial statements for 30 June 2016 reflects NIL ratio less

MIB Investment Accounts of RM30.96 bil

Asset QualityGroup GIL ratio of 2.34% as at end June 2016, with slightly more than half coming from NPLs

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17

Asset Quality by MarketUptick in GIL ratio for Malaysia arising from impaired accounts for business and corporate banking segments

4.50 4.544.15 4.21 3.99

3.553.36 3.25 3.30

2.99

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

1.62 1.631.76 1.83

2.23

1.18 1.251.36

1.45

1.78

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

Malaysia Singapore Indonesia

*The difference in Maybank Indonesia’s GIL ratio and NIL ratio on Pages 17 & 52 are due to computation differences owing to classification to meet the respective local regulatory

reporting requirements.

0.41 0.410.45

1.281.38

0.33 0.34 0.33

1.081.16

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

Gross Impaired Loans Ratio (%)

Net Impaired Loans Ratio (%)

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18

Asset Quality: MalaysiaStable asset quality for consumer and SME portfolios, with uptick in business and corporate banking segments

Mortgage Auto Finance Credit Cards

Retail SME Business Banking Corporate Banking

Consumer

Business

Note:

Industry GIL ratio for mortgage is 1.1%, 1.0% for auto finance and 1.4% for credit cards. Industry GIL ratio for non-retail is 2.4%.

0.6%

0.5%

0.6%

Jun 2015 Dec 2015 Jun 2016

0.5% 0.5% 0.5%

Jun 2015 Dec 2015 Jun 2016

0.7%

0.8% 0.8%

Jun 2015 Dec 2015 Jun 2016

2.1%

2.0%

1.9%

Jun 2015 Dec 2015 Jun 2016

9.1%10.0%

11.2%

Jun 2015 Dec 2015 Jun 2016

1.3%1.5%

2.5%

Jun 2015 Dec 2015 Jun 2016

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19

Asset Quality: SingaporeStable consumer portfolio; GIL ratio uptick for business segments due to weaker operating environment

Mortgage Auto Finance Credit Cards

Retail SME Business Banking Corporate Banking

Consumer

Business

Note:

Industry GIL figure is only available for mortgage, which was 0.4% as at June 2016

0.4%

0.5%

0.4%

Jun 2015 Dec 2015 Jun 2016

0.3% 0.3% 0.3%

Mar 2015 Dec 2015 Mar 2016

2.4%

2.7%

2.3%

Jun 2015 Dec 2015 Jun 2016

0.6%

1.2%

1.4%

Jun 2015 Dec 2015 Jun 2016

0.3%

0.6%

1.7%

Jun 2015 Dec 2015 Jun 2016

0.2%0.4%

2.0%

Jun 2015 Dec 2015 Jun 2016

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20

Asset Quality: IndonesiaModerating YoY asset quality trends for consumer and business segments in Indonesia

Consumer

Business

Note:

Business Banking includes SME loans.

Auto Finance Credit Cards

Business Banking Corporate Banking

0.8%

0.6%

1.0%

Jun 2015 Dec 2015 Jun 2016

1.0% 1.0%1.1%

Jun 2015 Dec 2015 Jun 2016

3.6%

2.5% 2.6%

Jun 2015 Dec 2015 Jun 2016

1.7%

1.4%

1.7%

Jun 2015 Dec 2015 Jun 2016

1.3%

1.2%

1.4%

Jun 2015 Dec 2015 Jun 2016

17.7%

14.9%13.7%

Jun 2015 Dec 2015 Jun 2016

Mortgage

SME

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21

66%

1%

21%

12%

Normal

Special Mention Account

Watchlist

GIL

87% comes from

supporting

upstream

Commodities Exposure: 30 June 2016Maybank Group’s exposure to direct and indirect oil and gas borrowers as well as other commodities

Notes:

• Group exposure is for three home markets Malaysia,

Singapore and Indonesia, based on Group gross loans as at

end June 2016

• Agriculture producers and manufacturers are for rubber, oil

palm and cocoa sectors

• Metals and mining producers and manufacturers are for

coal, lignite, peat, metal ores, tin, iron, steel and non-

ferrous metal sectors

Agriculture

Maybank Group 1.73%

Malaysia 1.42%

Singapore 0.03%

Indonesia 0.28%

Metals & Mining

Maybank Group 1.50%

Malaysia 1.12%

Singapore 0.09%

Indonesia 0.29%

Oil & GasMaybank

GroupMalaysia Singapore Indonesia Others

Loan exposure 4.19% 2.92% 0.98% 0.15% 0.14%

Borrowers’ Status:

Segmental Exposure:

Direct & Indirect Oil & Gas:

Borrowers with O&G related exposure

Other Sectors

Group exposure of 4.19% includes funded

and non-funded

Excluding non-funded, exposure is 3.75%

Widen perimeter to include supporting

upstream and supporting downstream,

enlarging exposure by 2%

Supporting upstream includes

services activities incidental to crude

oil and natural gas extraction

including surveying.

This includes providers of services/

activities related to O&G industry

43%

34%

6%

17%

Upstream

SupportingUpstream

Downstream

SupportingDownstream

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22

12.78% 13.76% 13.59%

14.47% 15.49% 15.31%

17.74%19.17% 18.99%

Dec 15 Jun 16 Jun 16

Total Capital Ratio Tier 1 Capital Ratio CET 1 Capital Ratio

Group

Bank

Strong Capital Position: 30 June 2016Total capital ratio at 18.99% (assuming 85% dividend reinvestment rate) and CET1 at 13.59%

Before proposed dividend

After proposed

dividend,

assuming 85%

reinvestment

rate

2016 2017 2018Jan 2019

Onwards

Minimum Common Equity

Tier 1 Capital4.5% 4.5% 4.5% 4.5%

Minimum Tier 1 Capital 6.0% 6.0% 6.0% 6.0%

Minimum Total Capital 8.0% 8.0% 8.0% 8.0%

Capital Conservation

Buffer (Phase in)0.625% 1.250% 1.875% 2.500%

Other Capital Buffers

D-SIB Buffer

Countercyclical Capital

buffer

Regulatory Requirements

To be determined

0% - 2.5%

15.78% 15.89% 15.64%

17.97% 18.31% 18.06%

19.61% 19.36%

Dec 15 Jun 16 Jun 16

Total Capital Ratio Tier 1 Capital Ratio CET 1 Capital Ratio

Note:

• Based on 85% reinvestment rate under the DRP, the fully loaded CET1 Ratio would be at 13.22% (Group) and 12.32% (Bank) respectively.

** Dec 2015 Bank Level Tier 1 and TCR ratio are the same at 17.97%.

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23

61.0%

76.5%74.9%

79.9%74.7% 71.9%

78.5% 76.3% 77.4%

11

28 3222.5

24 2420

8

44

32

36

33

3133 30

FY09 FY10 FY11 FP11 FY12 FY13 FY14 FY15 FY16

Final

Interim

* Actual Reinvestment Rate for Dividend Reinvestment Plan. The reinvestment rate for FY2016 is pending the execution of the 13th DRP.

# The Net Dividend is 28.5 sen of which 15 sen is single-tier dividend.

Gross Dividend (sen) and Payout Ratio (%)

85.9%*

85.7%*

88.2%*85.9%*

88.5%*91.1%*

86.1%*

88.6%*

#

82.6%*

8.0

55.0

60.0

36.0

65.0

53.557.0

84.0%*

DividendPayout Ratio

83.7%*

54.0

87.5%*

DividendBoard recommended single-tier interim dividend of 20 sen consisting of 4 sen cash portion and 16 sen electable portion

N.A.*

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24

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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25

Market Outlook2016 outlook for our home markets

Key Indicators Outlook

Singapore

Malaysia

Indonesia

• GDP (f) 4.1% (2015: 5.0%)

• System loan (f) 6.5%

• OPR(f) 2.75%-3.00% (2015: 3.25%)

• USD/MYR (f, end-period) 4.00 (2015: 4.29)

• Inflation (f) 2.3-2.8% (2015: 2.1%)

• GDP (f) 1.8% (2015: 2.0%)

• System loan (f) -1%-0%

• System deposit (f) 2%-3%

• 3M SIBOR (f) 0.90% (2015: 1.19%)

• USD/SGD (f) 1.36 (2015: 1.42)

• Inflation (f) -0.4% (2015: -0.5%)

• GDP(f) 5.09% (2015: 4.79%)

• System loan (f): 11.57%

• System deposit (f): 8.14%

• Reference Rate* (f) 5.00% (2015: 6.25%)

• USD/IDR average (f) 13293 (2015: 13458)

• Inflation average (f) 3.53% (2015: 6.38%)

• Government infrastructure spending to drive Indonesia’s

economic growth in 2016

• Increased funding following domestic economy recovery

• Rate cuts have increased demand for credit, which in

turn is stimulating Indonesia’s economic growth

• Muted loan growth due to slower economic growth

• NIMs likely to remain flat as uptick in rates will be less

pronounced due to declining interest rate environment

• Continued asset quality deterioration as credit cycle turns

and persistent weakness in oil & gas sector

• Key priorities remain cost rationalisation and capital

management

• Moderation in overall industry loan growth

• Credit cost uptick on higher impaired loans

• Cost and capital management will remain key priorities

*Bank Indonesia changed its reference rate from BI rate to 7-days Reverse Repo

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26

Maybank Performance OutlookSelective asset growth in 2H FY2016 to drive overall Group performance

Remain focused on selective asset growth

Maintain strong liquidity and capital positions

Continued emphasis on cost discipline and improving productivity

Credit cost to trend lower in 2H. Downside risk is emergence of new global

macroeconomic headwinds

1

2

3

4

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27

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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28

2,9172,756

226

2,037

(2,102)

3,134 3,108

193

2,233

(2,399)

Total Other operatingincome

Fee Income fromIslamic Operations

Net Earned InsurancePremiums

Net Insurance Benefits& Claims Incurred, Net

Fee & CommissionExpenses and Life &

Takaful Fund Tax

1H FY2015

1H FY2016

+7.4% YoY +12.8% YoY +9.6% YoY (14.7)% YoY 14.1% YoY

RM

million

RM million1H

FY20161H

FY2015YoY

Commission, service charges and fees 1,772 1,883 (5.9)%

Investment & Trading Income 484 471 +2.8%

Unrealised gain/ (losses) on securities & derivatives 509 (261) +>100%

Foreign Exchange Profit 165 507 (67.5)%

Other Income 177 156 +13.5%

Net Fee Based Income: 1H FY2016 (YoY)

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29

1,569 1,666

57

1,169

(1,324)

1,566 1,441

135

1,065

(1,076)

Total Other operating income Fee Income from IslamicOperations

Net Earned InsurancePremiums

Net Insurance Benefits &Claims Incurred, Net Fee &Commission Expenses andLife & Takaful Fund Tax

1Q FY2016

2Q FY2016

+>100% QoQ (13.5)% QoQ (8.9)% QoQ (18.7)% QoQ

RM

million

RM million 2Q FY2016 1Q FY2016 QoQ

Commission, service charges and fees 872 901 (3.2)%

Investment & Trading Income 249 235 +6.2%

Unrealised gain/ (losses) on securities & derivatives 404 106 +>100%

Foreign Exchange Profit (161) 326 >(100)%

Other Income 78 99 (21.1)%

Net Fee Based Income: 2Q FY2016 (QoQ)

(0.2)% QoQ

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30

Unaudited Income Statement for Insurance and Takaful Business

RM million1H

FY2016

1H

FY2015YoY

2Q

FY2016

1Q

FY2016QoQ

2Q

FY2015YoY

Net interest income 484.7 453.9 6.8% 251.7 233.0 8.0% 225.9 11.4%

Net earned premiums 2,233.2 2,037.4 9.6% 1,064.6 1,168.6 (8.9)% 1,050.3 1.4%

Other operating income 390.7 319.1 22.4% 143.1 247.6 (42.2)% 130.1 9.9%

Total operating income 3,108.5 2,810.4 10.6% 1,459.3 1,649.2 (11.5)% 1,406.3 3.8%

Net insurance benefits & claims

incurred, net fee & commission

expenses and life & takaful fund tax

(2,474.4) (2,153.7) 14.9% (1,108.5) (1,365.8) (18.8)% (1,028.9) 7.7%

Net operating income 634.1 656.7 (3.4)% 350.8 283.4 23.8% 377.4 (7.1)%

Overhead expenses (328.4) (294.5) 11.5% (167.7) (160.7) 4.3% (123.0) 36.3%

PPOP 305.7 362.2 (15.6)% 183.1 122.6 49.3% 254.4 (28.0)%

Net impairment losses (33.4) (174.7) (80.9)% (14.0) (19.4) (27.9)% (116.6) (88.0)%

Operating profit 272.4 187.5 45.2% 169.1 103.3 63.8% 137.7 22.8%

RM million1H

FY2016

1H

FY2015YoY

2Q

FY2016

1Q

FY2016QoQ

2Q

FY2015YoY

Net insurance benefits & claims

incurred, net fee & commission

expenses and life & takaful fund tax

(2,474.4) (2,153.7) 14.9% (1,108.5) (1,365.8) (18.8)% (1,028.9) 7.7%

Less: intercompany elimination 74.9 51.5 45.5% 32.9 42.0 (21.9)% 24.4 34.4%

Total net insurance benefits & claims

incurred, net fee & commission

expenses and life & takaful fund tax

(2,399.5) (2,102.3) 14.1% (1,075.7) (1,323.8) (18.7)% (1,004.5) 7.1%

Reconciliation of net insurance benefits & claims incurred, net fee & commission expenses and life & takaful fund tax

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31

80.3%

6.1%

9.2%4.4%

Malaysia Singapore Indonesia Others

RM3.52b

70.4%

13.7%

2.0%

13.9%

International & Malaysia Portfolio Mix 1H FY2016

62.2%15.7%

14.4%

7.7%

Overseas:

42.3%

1H FY2015

Net Operating Income Profit Before Tax1H FY2016

Overseas:

35.7%Overseas:

29.6%

Gross loans

(Jan 15 – Jun 15)

57.8%25.1%

8.2%

8.9%Overseas:

42.2%

Overseas:

37.8%

Overseas:

19.7%

(Jan 16 – Jun 16)

57.7%24.6%

7.4%

10.3%

64.3%

16.0%

12.3%

7.4%

RM4.39b RM432.5b

RM451.1bRM10.74b

RM9.88b

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32

Group Gross Loans Growth YTD: 30 June 2016

% of Portfolio 30 Jun 2016 31 Dec 2015YTD

Annualised

Group Gross Loans 451.1 459.4 (3.6)%

Malaysia (RM billion) 57% 257.3 255.9 1.1%

Community Financial Services 73% 187.2 183.2¹ 4.4%

Global Banking 27% 71.4 73.3¹ (5.4)%

International (RM billion) 41% 186.7 196.5 (10.0)%

Singapore (SGD billion) 59% 36.7 37.2 (2.9)%

Community Financial Services 54% 19.8 20.2 (3.6)%

Global Banking 46% 16.6 16.8 (2.2)%

Indonesia (Rupiah trillion) 19% 119.3 114.8 7.9%

Community Financial Services 80% 95.6 92.4 6.7%

Global Banking 20% 23.5 22.0 13.5%

Other markets (RM billion) 22% 40.7 47.7 (29.5)%

Investment banking (RM billion) 2% 7.1 7.1 0.9%

¹ Re-based loan growth figures are based on adjusted 31 December 2015 position in line with migration of client accounts, implemented on 1 January 2016

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33

Malaysia Loans Growth YTD: 30 June 2016

RM billion% of

Portfolio

30 Jun

2016

31 Dec

2015YTD Annualised

Community Financial Services (reported) 73% 187.2 182.7 4.9%

Community Financial Services (rebased) ¹ 73% 187.2 183.2 4.4%

Consumer 58% 149.3 146.9 3.3%

Total Mortgage 28% 72.2 69.2 8.8%

Auto Finance 16% 41.3 40.8 2.4%

Credit Cards 2% 6.3 6.4 (2.8)%

Unit Trust 10% 27.0 28.1 (8.1)%

Other Retail Loans 1% 2.5 2.4 9.2%

Business Banking + SME (reported) 15% 37.9 35.8 11.7%

Business Banking + SME (rebased) ¹ 15% 37.9 36.3 8.9%

SME (reported) 5% 11.4 10.2 22.0%

SME (rebased) ¹ 5% 11.4 9.9 28.8%

Business Banking (reported) 10% 26.6 25.6 7.5%

Business Banking (rebased) ¹ 10% 26.6 26.4 1.4%

Global Banking (Corporate) (reported) 27% 71.4 73.8 (6.6)%

Global Banking (Corporate) (rebased) ¹ 27% 71.4 73.3 (5.4)%

Total Malaysia - 257.3 255.9 1.1%

¹ Re-based loan growth figures are based on adjusted 31 December 2015 position in line with migration of client accounts, implemented on 1 January 2016

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34

% of Portfolio 30 Jun 2016 31 Dec 2015 YTD Annualised

Group Gross Deposits 510.1 495.8 5.8%

Malaysia (RM billion) 60% 306.8 292.2 10.0%

Savings Deposits 14% 42.0 40.0 9.8%

Current Accounts 25% 75.2 74.2 2.8%

Fixed Deposits 56% 173.6 163.0 12.9%

Others 5% 16.0 15.0 13.8%

International 40% 204.9 205.1 (0.2)%

Singapore (SGD billion) 67% 46.2 43.6 11.7%

Savings Deposits 10% 4.6 4.3 16.1%

Current Accounts 13% 5.8 5.0 32.1%

Fixed Deposits 75% 34.7 33.6 6.5%

Others 2% 1.1 0.8 80.3%

Indonesia (Rupiah trillion) 17% 114.4 115.9 (2.6)%

Savings Deposits 23% 26.2 25.6 4.9%

Current Accounts 16% 18.7 16.2 31.3%

Fixed Deposits 61% 69.5 74.2 (12.5)%

Group Deposit Growth YTD: 30 June 2016

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35

Key Operating Ratios

(%)1H

FY2016

1H

FY2015

Variance

YoY

2Q

FY2016

1Q

FY2016

Variance

QoQ

2Q

FY2015

Return on Equity 8.3 12.1 (3.8)% 7.5 9.3 (1.8)% 11.7

Net Interest Margin 2.28 2.28 0 bps 2.23 2.34 (11) bps 2.28

Fee to Income Ratio 29.2 29.5 (0.3)% 29.3 29.1 0.2% 27.5

Loans-to-Deposit Ratio 88.5 95.4 (6.9)% 88.5 89.9 (1.4)% 95.4

Cost to Income Ratio¹ 48.7 49.5 (0.8)% 48.9 48.4 0.5% 49.2

Asset Quality

Gross Impaired Loans Ratio 2.34 1.56 78 bps 2.34 2.11 23 bps 1.56

Net Impaired Loans Ratio 1.72 1.15 57 bps 1.72 1.64 8 bps 1.15

Loans Loss Coverage 70.5 83.4 (12.9)% 70.5 70.1 0.4% 83.4

Net Charge off rate (bps) (80) (27) (53) bps (85) (75) (10) bps (29)

Capital Adequacy (Group)²

CET1 Capital Ratio 13.59 11.50 209 bps 13.59 12.74 85 bps 11.50

Total Capital Ratio 18.99 15.57 342 bps 18.99 17.63 136 bps 15.57

¹ Total cost excludes amortisation of intangibles for Maybank Indonesia and Kim Eng.

² The capital ratios are adjusted based on the assumption of 85% reinvestment rate under the DRP for the period.

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36

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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37

Community Financial Services: Overview of Market Share for Malaysia

Loans

Total consumer (Household) 17.4% 17.5% 17.5% 17.4% 17.9% # 2

Auto (Purchase of transport vehicles) 23.6% 23.8% 23.7% 23.7% 24.1% # 2

Total mortgage* 13.2% 13.3% 13.4% 13.4% 13.4% # 2

Credit cards** 16.9% 17.1% 17.5% 17.5% 17.6% # 1

Unit trust 51.4% 51.7% 51.6% 52.3% 52.3% # 1

Deposits

Total deposits 18.8% 18.0% 18.3% 18.0% 18.6% # 1

Total core retail deposits 19.4% 19.6% 20.2% 20.3% 20.4% # 2

Retail CASA 25.3% 25.7% 25.6% 26.0% 25.7% # 1

- Retail savings 30.8% 30.8% 30.8% 31.0% 30.8% # 1

Retail fixed deposits 16.2% 16.4% 17.4% 17.4% 17.7% # 2

Internet banking - Subscriber base 43.2% 42.8% 43.2% 42.8% 42.8% # 1

Mobile banking - Subscriber base 29.5% 29.1% 29.1% 28.4% 28.4% # 1

Branch network 20.0% 20.0% 20.0% 20.0% 19.3% # 1

Market

position

Jun-16

vs

Mar-16

Market

positionJun-15

Dec-15

Mar-16

Mar-16

Jun-16

vs

Mar-16

Market share

Market share Jun-15

Sep-15

Sep-15

Dec-15 Jun-16

Jun-16

^ Subscriber base data as at Mar’16.

^^Total bank deposits inclusive of IA.

* Refers to housing, shophouse and other mortgages loans

** Credit cards market share refer to receivables for commercial banks

^^ ^^ ^^

^

^

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38

Community Financial Services: Overview of Malaysia Loans Portfolio

Mass customer cross sell ratio improved to 3.25 Business Banking + SME loans grew by 11.7% (ann.) to

RM37.9 billion led by SME growth of 22%

+11.7% YoY

+5.6% YoY

Consumer loans grew 3.3% (ann.) to RM149.3 billion led

by mortgage portfolio at 8.8% HNW and Affluent customer TFA grew 13.0% YoY

+13.0% YoY

+4.9% QoQ

-3.2% YoY

-1.2% QoQ

• Customer classification: HNW (IA>RM3m, TFA >RM4m); Affluent (IA between RM 250K to RM3m, TFA between RM1m to < RM4m)

• TFA: Total Financial Assets (Deposits, Investments, Financing & Protection), IA: Investable Assets (Deposits & Investments)

+3.3% YTD Ann.

+11.7% YTD Ann.

RM

billion

RM

billion

RM

billion

RM

billion

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39

Community Financial Services: Overview of Malaysia Deposits Portfolio

CFS deposits grew 9.4% (ann.) to RM215.8 billion Consumer deposits grew 8.4% (ann.) with QoQ growth

ahead of industry

Business Banking + SME deposits grew 11.2% (ann.) to

RM82.2 billion

+12.2% YoY

+15.8% YoY

+10.0% YoY

o CFS deposits growth of 9.4% YTD Ann., led by

growth in business deposits of 11.2% and

consumer deposits of 8.4%.

o Consumer deposits growth mainly supported by

fixed deposit growth of 10.2% YTD Ann. while

CASA grew 6.8% YTD Ann.

+9.4% YTD Ann.

+11.2% YTD Ann.

+8.4% YTD Ann.

RM

billion

RM

billion

RM

billion

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40

Community Financial Services: Overview of CFS Malaysia Asset Quality

CFS GIL increased to 2.1%, led by increase in BB GIL Stable consumer GIL at 0.5%, below industry average

Business Banking + SME GIL increased to 8.5%

o Total GIL ratio for consumer financing

portfolio increased marginally by 0.03%.

o Business Banking + SME GIL increased to 8.5%

mainly due to BB GIL. Closer monitoring of

asset quality and step up in recovery efforts

for the Business Banking portfolio.

o SME GIL portfolio reduced by 0.1% to 1.9%.

RM

million

RM

million

RM

million

Page 42: Investor Presentation...Key Performance Indicators FY2016 Guidance QoQ Annualised YoY 1Q FY2016 2Q FY2016 1H FY2016 1H FY2016 Headline KPI Return on Equity (annualised) 11%-12% 9.3%

41

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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42

2.2

37.7

33.5

1.9

39.4

32.5

2.0

41.1

28.3

Jun'16 Dec'15 Jun'15

Trade

Finance

and Others

Overdraft

Trade Finance market share ¹

Corporate Banking GIL ratio at 2.53% as at June 2016

Total GB loans declined YTD (ann) to RM71.4 billion

+8.5%

YTD ann.

+8.1%

YTD ann.

RM billion

1 Market share of total trade products (On Balance Sheet items, Contingent

Liabilities and Others)

-25.8%

YTD ann.

1.27% 1.18%

1.48%

1.76%

2.53%

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

Term Loan 24.9%

25.3%

25.0%

25.5%25.4%

25.3%

Jun 15 Sep 15 Dec 15 Mar 16 May 16 Jun 16

Global Banking: Overview of Malaysia Corporate Banking Portfolio

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43

756.51,160.8

627.5

717.1

1H FY2015 1H FY2016

Net interest income Non-interest income

+36.0%

47.6 51.7 53.9 62.9 63.9

46.6 48.9 47.650.1 49.8

14.6 11.6 10.311.4 12.5

Jun 15 Sep 15 Dec 15 Mar 16 Jun 16

Govt. Securities PDS/Corp Bonds Others

Group Securities Portfolio:

44.8% Foreign Securities as at 1H FY2016

56.6%20.8%

18.9%

0.4%

0.8%2.5%

49.3%

19.1%

20.3%

1.9%

0.6% 8.8%

RM25.5

billion

A

<A

RM21.1

billion

Commercial

Papers

22.9%

27.8%22.4%

17.0%

9.9%

Group Securities Portfolio grew 16.0% YoY

+16.0%

Global Market’s revenue grew by 36.0% YoY

+21.0%

1,384.1

RM

million

Note: PBT & Revenue includes regional performance

RM 126.2

billion

39.4% of GM PDS (Maybank Conventional Malaysia) rated

“AA” or above as at 1H FY2016

RM

billion

1H FY2016

Government

Securities

-Domestic

Government

Securities

-Foreign

PDS/Corp

Bonds

-Domestic

PDS –

Foreign

Others

(NIDs, BA, etc)

23.5%

20.2%

24.2%

18.6%

13.4%

RM108.8

billion

Government

Securities

-Domestic

Government

Securities

-Foreign

PDS –

Foreign

Others

(NIDs, BA, etc)

1H FY2015

SA

(Govt.

Guaranteed)

AAA

AASA

(Govt.

Guaranteed)AAA

AA

A Commercial

Papers

1H FY20161H FY2015

<A

1,877.8

PDS/Corp

Bonds

-Domestic

1,157.0

1,397.0

1H FY2015 1H FY2016

RM

million

108.8 112.2 111.8124.4 126.2

Revenue Profit before Tax

Global Banking: Overview of Group Global Markets Portfolio

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4444

Global Banking: Overview of Group Investment Banking Portfolio

1H FY2016 Equity Brokerage League Table by Country

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

Country Rank Market ShareTrading Value

(USD m)

Thailand 1 8.1% 21,355

Malaysia 3 9.4% 11,202

Indonesia 8 3.9% 3,720

Philippines 9 4.4% 1,720

Singapore 14 4.1% 8,156

Hong Kong Tier 2 1.3% 26,952

1H FY2016 Fee-based Income for Malaysia

1H FY2016 Total Income Total Income for Maybank Kim Eng increased by 14.1% YoY

Malaysia (RM270.2mil, 37%)

Singapore (RM189.7mil, 26%)

Thailand (RM147.5mil, 20%)

Indonesia (RM15.1mil, 2%)

Philippines (RM39.9mil, 5%)

Hong Kong (RM36.7mil, 5%)

Others(RM27.0mil, 4%)

RM726.0mil

Advisory Fees, 41.5%

Brokerage, 38.0%

Arrangers' Fees, 7.9%

Other Fee Income, 6.9%

Placement Fees, 2.9%

Agency/ Guarantee Fees, 2.6%

Primary Subscriber's Fees,

0.2%

RM

Million

1H 2015 1H 2016

726.0

636.4

+14.1%

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4545

Global Banking: Notable Deals for 1H FY2016

Mar 2016

Malaysia

PAVILION REIT BOND

CAPITAL BERHAD

MTN Programme

Joint Principal Adviser,

Joint Lead Arranger, Joint

Lead Manager

RM 8 Billion

Apr 2016

Singapore

TUASONE PTE LTD

(HYFLUX-MHI CONSORTIUM)

Syndicated Project

Finance Facility

Joint Mandated Lead

Arranger

RM 650 Million

May 2016

Malaysia

EI SUKUK CO LTD

Senior Unsecured Sukuk

Wakala Bond

Joint Lead Manager,

Dealer

USD 750 Million

May 2016

Singapore

GUNVOR SINGAPORE PTE

LTD

Revolving Credit Facility

Mandated Lead Arranger,

Bookrunner

USD 1.041 Billion

Jun 2016

Indonesia

PT MABAR ELEKTRINDO

Syndicated Project

Finance Facility

Mandated Lead Arranger,

Exclusive Advisor

USD 410 Million

Jun 2016

Indonesia

INDORAMA

CORPORATION PTE LTD

Revolving Credit Facilities

Mandated Lead Arranger

USD 500 Million

PETRONAS Global Sukuk

Ltd

Indonesia

Jun 2016

Shelf Bonds Programme II

Joint Lead Underwriter

PT WAHANA OTTOMITRA

MULTIARTHA

IDR 4.5 Trillion

May 2016

MISC BERHAD

Acquisition of the

remaining 50% equity

interest in Gumusut-Kakap

Semi-Floating Production

System (L) Limited

Malaysia

RM 1.85 Billion

Jun 2016

MARLIN ENTERPRISE

LIMITED

Malaysia

Senior Term Loan Facility

Joint Mandated Lead

Arranger, Joint

Bookrunner

USD 425 Million

Apr 2016

Malaysia

MALAYSIA SUKUK

GLOBAL BERHAD

Global Trust Certificates

Joint Lead Manager, Joint

Bookrunner

USD 1.5 Million

Apr 2016

Indonesia

Onshore USD Medium Term

Notes

Sole Lead Arranger

USD 100 Million

Jun 2016

Myanmar

OCK GROUP BERHAD

Joint Mandated Lead

Arranger and Lender

Lender

USD 40.2 Million

Jun 2016

Malaysia

MUMTAZ RAKYAT

SUKUK BERHAD

Tier 2 Subordinated Sukuk

Murabahah Programme

Sole Principal Adviser,

Sole Lead Arranger, Joint

Lead Manager

RM 5 Billion

PT SARANA MULTI

INFRASTRUKTUR (PERSERO)

Jun 2016

Malaysia

Sukuk Wakalah Issuance

Joint Principal Adviser,

Joint Lead Arranger, Joint

Lead Manager

RM 350 Million

TADAMUN SERVICES

BERHAD

Malaysia

Mar 2016

1MALAYSIA

DEVELOPMENT BERHAD

RM 9.83 Billion

Disposal of power assets

of 1MDB, housed under

its wholly-owned

subsidiary Edra Global

Energy Berhad

Financial Advisor

Jan 2016

Malaysia

SIME DARBY BERHAD

RM 1.82 Billion

3RD Dividend

Reinvestment Plan

Principal Advisor

Mar 2016

Malaysia

RM 3 Billion

SIME DARBY BERHAD

Perpetual Subordinated

Sukuk Programme

Sole Principal Adviser,

Sole Lead Arranger, Sole

Lead Manager

Jan 2016

Malaysia

USD 200 Million

PALMINDO HOLDINGS PTE

LTD

Term Loan Facility

(Conventional &

Commodity Murabahah

Financing)

Mandated Lead Arranger

Feb 2016

Malaysia

RM180 Million

KSL PROPERTIES

SDN BHD

Conventional Short Term

Revolving Credit

Mar 2016

Indonesia

PT DELTA DUNIA

SANDANG TEKSTIL

USD 10 Million

Syndicated Loan

Lender

Feb 2016

Singapore

CORDLIFE GROUP

LIMITED

RM 6.6 Million

Take-over offer in

Stemlife Berhad

Principal Advisor

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4646

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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47

Maybank Singapore: P&L Summary

(SGD mil) 1H FY2016 1H FY2015 YoY

Net Fund Based income 253.30 277.02 (8.6)%

Net Fee Based income 147.32 121.10 21.6%

Net income 400.62 398.12 0.6%

Overhead expenses 178.80 176.67 1.2%

Operating profit 221.82 221.45 0.2%

Profit before taxation 153.25 199.64 (23.2)%

PBT was lower by 23.2% YoY or SGD 46.39 million to SGD 153.25 million for 1H FY2016.

Net fund-based income declined by 8.6% YoY as higher funding costs led to a compression in net interest

margin.

Fee-based income increased 21.6% YoY, boosted by a rise in treasury and Islamic banking income.

Overhead expenses increased by 1.2% YoY mainly arising from higher human capital and IT investments.

While operating profit rose 0.2% YoY, an increase in loan loss allowance resulted in a decline in PBT. The

higher loan loss allowance was partly due to proactive restructuring of some accounts against the backdrop

of a weaker economic environment.

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48

0.24 0.310.42 0.44

0.48

1.31 1.41

0.20 0.250.35 0.36 0.35

1.111.19

Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

GIL Ratio NIL Ratio

8.5 8.9 7.9

4.3 3.9 4.2

3.9 3.6 4.0

5.8 6.0 6.0

8.9 9.6 9.4

1.9 1.8 1.73.1 3.4 3.4

Jun 15 Dec 15 Jun 16

Other(Consumer)

Car Loan

Housing Loan

Others(Corporate)

Non-Bankfinancial Inst

GeneralCommerce

Building &Const

Gross impaired loan ratio rose to 1.41% as at

Jun 2016Maybank Singapore loans up 0.4% YoY as at Jun-16 while

industry loans continued to shrink

Diversified Loan Portfolio

36.6 36.7

Consumer

38%

Corporate

62%

SG

D b

illion

As at 30 June 2016, total loans contracted by 2.9%

YTD annualised to SGD 36.7 billion

Consumer loans shrank by 4.7% YTD to SGD 14.4

billion, weighed by a decline in housing loans. Car

loans also continued to decline in line with the

industry trend.

Similarly, business loans contracted by 1.7% YTD to

SGD 22.2 billion. A decline in lending to the building

& construction segment more than offset an increase

in loans to non-bank financial institutions and

general commerce segments

13.4%11.6% 9.9%

10.5%6.0%

4.9%

0.4%9.3%6.7%

3.4% 4.2%0.04%

-5.4%-3.6%

-10.0%

10.0%

Dec 14 Mar 15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

Maybank Singapore Growth Industry Growth

+0.4% YoY

37.2

-2.9% ann.

Maybank Singapore: Overview of Loans Portfolio

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49

4.5 4.4 5.2

11.9 15.3 15.0

5.1 4.8 5.2

17.5 19.0 20.7

Jun-15 Dec-15 Jun-16

Consumer -Time Deposits

Consumer CASA

Business TimeDeposits

Business CASA

Maybank Singapore: Overview of Deposits Portfolio

Maybank Singapore deposit up 18.2% YoY in Jun-16,

as compared to the 4.1% rise in system-wide deposit

Consumer deposits account for 56% of our deposits

+18.2% YoY

39.0 46.1

Consumer

56%

Corporate

44%

SG

D b

illion

4.5 4.3 4.6

5.1 5.0 5.8

29.4 34.3 35.7

Jun-15 Dec-15 Jun-16

Time Deposits

Demand Deposits

Savings

CASA Ratio:

22.5%

CASA growth of 6.3% YoY

16.5%17.0%

11.5% 10.8% 10.0%

16.8% 18.2%

7.0%8.0%

6.4%9.2%

4.6%1.5% 4.1%

Dec 14 Mar 15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

Maybank Singapore Growth Industry Growth

As at 30 June 2016, deposits expanded by 11.9% YTD

(ann.) to SGD 46.1 billion.

Consumer deposits increased by 18.2% YTD to SGD 26.0

billion, led by a 18.5% gain in time deposits.

Meanwhile, business deposits advanced by 4.4% YTD to

SGD 20.2 billion on the back of a 33.2% jump in CASA.

43.6

+11.9% ann.

SG

D b

illion

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5050

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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5151

(IDR billion) 1H FY2016 1H FY2015 YoY 2Q FY2016 1Q FY2016 QoQ

Net Fund Based income 3,585 3,088 16.1% 1,859 1,726 7.7%

Net Fee Based income 1,477 1,081 36.6% 790 687 14.9%

Net income 5,061 4,170 21.4% 2,648 2,413 9.7%

Overhead expenses (2,941) (2,767) 6.3% (1,499) (1,442) 3.9%

Personnel (1,199) (1,230) -2.5% (609) (590) 3.1%

General & Administrative (1,576) (1,487) 6.0% (783) (793) -1.2%

Other Operating Expenses (166) (51) 229.4% (107) (59) 80.6%

Operating Profit 2,120 1,403 51.1% 1,149 971 18.4%

Provision Expenses (991) (952) 4.2% (602) (389) 54.8%

Non Operating Income/Expenses 33 73 -54.4% 15 19 -21.5%

Profit before Tax & before Minority Interest 1,162 524 121.7% 562 600 -6.4%

Net Profit 858 388 121.2% 415 444 -6.6%

EPS - Basic (IDR) 12.67 5.73 121.1% 6.12 6.55 -6.6%

Maybank Indonesia: P & L Summary

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5252

8.9% ann.

16.3 18.4 16.2 18.7

23.5 24.0 25.6 26.2

62.7 64.7 73.7 69.1

Dec-14 Jun-15 Dec-15 Jun-16

Current Account Saving Account Time Deposit

24.0 21.4 21.5 22.9

82.3 87.1 91.1 94.6

Dec-14 Jun-15 Dec-15 Jun-16

Global Banking Community Financial Services (CFS)

Net Interest Margin (Consolidated)

Asset Quality (Consolidated)

Loans composition (Consolidated)IDR Trillion

Deposits (Consolidated) IDR Trillion

112.5108.5

8.3% YoY

106.3

Maybank Indonesia: Portfolio Overview

117.5

115.5107.1

6.5% YoY

102.5 114.1

4.76% 4.73%4.84%

5.01%

Dec-14 Jun-15 Dec-15 Jun-16

4.62% 4.65%

3.83% 3.82% 3.79%

3.29% 3.12%2.59% 2.56% 2.42%

Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

Impaired Loans - Gross Impaired Loans - Net

(2.5)% ann.

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5353

420 437

191145

Jun-15 Jun-16

Revenue Profit Before Tax

4,284

5,514

Jun-15 Jun-16

25,537

304

25,841

22,790

240

23,030

New Used Total

Jun-15 Jun-16

Asset Quality

Revenue and Profit Before Tax IDR billion

Maybank Indonesia: Overview of Maybank Finance Operations

FinancingIDR billion

28.7%

Unit Financing (unit)

(10.9)%(10.8)%

(21.1)%

4.1%

0.25% 0.20%0.29% 0.36% 0.36%

0.33% 0.24%0.35%

0.45% 0.44%

Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

NPL Net NPL Gross

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5454

186

113

300

119 105

224

New Used Total

Jun-15 Jun-16

840937

(27)

49

Jun-15 Jun-16Revenue Profit Before Tax

FinancingIDR billion

(36.0)%

(7.7)%

(25.3)%Asset Quality

Revenue and Profit Before Tax IDR billion

Unit Financing (‘000 unit)

11.6% 10.4%

Maybank Indonesia: Overview of WOM Finance Operations

>100%

1.08% 1.01% 0.99% 1.11% 1.18%

2.91% 2.95% 2.97% 3.34%3.55%

Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

NPL Net NPL Gross

4,748 5,243

Jun-15 Jun-16

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55

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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56

30.8 32.1

30.3

5.3

13.1

19.6

30.6

35.1

31.5

5.8

12.8

22.4

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

RM

billion

Dec-15 Jun-16

Islamic Banking: Performance Overview

Group Islamic Banking Financial Performance

Source: Islamic Banking Scheme (“IBS”) disclosure in Group Financial Statement

Maybank Islamic: Key Financial Ratios

Maybank Islamic: Total Gross Financing grew by 11%

(ann.) to RM138.2 billion

1%

18%

8%

4%

21%

CFS:9%

RM million 1HFY16 1HFY15 YoY

Profit Before Tax 720.2 748.6 -3.8%

Financing & Advances 137,247.0 122,044.4 12.5%

Deposits & Investment

Account:137,538.5 106,712.8 28.9%

Deposits from

Customers106,574.5 106,712.8 -0.1%

Investment Account 30,964.0 - 100.0%

Key Financial Ratios 1HFY16 1HFY15

Net Profit Margin (NPM) 1.85% 1.84%

Total Capital Ratio (TCR) 18.426% 14.687%

Cost to Income Ratio (CIR) 37.53% 38.14%

Direct FDR1 91.3% 101.7%

Adjusted FDR with LTIF2 84.5% 94.6%

Maybank Islamic contribution to Maybank Malaysia Loans

and Financing as at June 2016

Year Contribution

June 2015 48.7%

Sep 2015 49.4%

Dec 2015 50.8%

Mar 2016 51.8%

June 2016 53.1%

Note:

1) Direct FDR comprising gross financing against deposit and Investment Account (exc. RPSIA assets

and liabilities)

2) Adjusted FDR comprising adjusted financing against adjusted deposit (exc. RPSIA assets and

liabilities) including long term interbank funding (LTIF)

28%

GB:15%

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57

Maybank Islamic Market Share (Malaysia)

Maybank Islamic ranks No.1 by Asset Market Share

in Malaysia

Source: BNM monthly statistical bulletin and latest respective Bank’s Financial Statements

MalaysiaAsset Market Share

Mar-16Rank

Maybank Islamic 30% 1

CIMB Islamic 10% 2

Bank Islam 9% 3

Source: Bloomberg

Sukuk League Table Ranking Jun 2016

Key Products Jun-16 Jun-15

Automobile Financing 42.9% 41.5%

Home Financing 28.0% 26.8%

Term Financing 30.1% 30.1%

Source for industry numbers: BNM Monthly Statistical Bulletin

Islamic Banking: Market Share

Market Share by Product (Malaysia)

Source for industry numbers: BNM Monthly Statistical Bulletin

Market Share

(%)

Amount

(USD million)Issues

#3 Maybank 11 2,490 45

Market Share

(%)

Amount

(RM million)Issues

#1 Maybank 31 8,195 41

Global Sukuk League Table

Ranking

MYR Sukuk League Table

Ranking

33.4% 33.6% 33.5% 33.2%33.8%

24.8%

27.8%29.2%

30.0%31.3%

20.0%

25.0%

30.0%

35.0%

Jun-15 Sep-15 Dec-15 Mar-16 Jun-16

Financing Deposits & Investment Accounts

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58

8.6%

14.2%

14.9%

20.1%

0.0% 5.0% 10.0% 15.0% 20.0% 25.0%

Etiqa Ins. & Tak.

GE Ins. & Tak.

Prudential Ins. & Tak.

AIA Ins. & Tak.

8.2%

10.7%

12.8%

0.0% 5.0% 10.0% 15.0%

HL-MSIG Ins. & Tak.

Allianz Insurance

Etiqa Ins. & Tak.

Insurance and Takaful: Performance Overview

Total Assets (RM billion)

Gross Premium

Profit Before Tax (RM million)

• PBT includes estimated transfer of RM52.0 million from Family Fund in 1H FY2016.

Life / Family (New Business) Market Share

No. 4 in Life/Family

(New Business)

No. 1 in General

Insurance and

Takaful

* Market Share is for period Apr’15 – Mar’16 (Source: LIAM / ISM Statistics)

General Insurance and Takaful Market Share

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59

57,843.458,280.3

63,376.7 63,048.1

Dec 2015 Jun 2016

PESO

Mil

GrossLoans

CustomerDeposits

2,323.3

2,623.2

383.7 377.2

1H FY2015 1H FY2016

PESO

Mil

Revenue

PBT

Maybank Philippines: Performance Overview

Revenue and PBT

Revenue increased by 12.9% YoY, led by higher net interest

income (NII) and fee income.

Increase in NII contributed by higher loan income, mainly

from term loans. Fee income growth mainly supported by

higher trading profit and service charges.

PBT dropped slightly by PESO6.5 million or 1.7% YoY due to

higher provisioning.

Gross loans rose by 1.5% (annualised) driven by growth in

the auto segment.

Customer deposits contracted by 1.0% (annualised)

attributed to the decline in fixed deposits.

Gross impaired loans ratio was higher due to an increase in

both retail and corporate portfolio. Gross Loans and Deposits

Key Highlights

+12.9% YoY

-1.7% YoY

+1.5%*

-1.0%*

*Annualised growth

Key Ratios 1H FY2016 1H FY2015

Return on assets 0.83% 0.96%

Return on equity 3.58% 6.07%

Cost-to-income ratio 72.33% 73.76%

Loans to Deposit ratio 92.44% 105.38%

Gross Impaired Loans Ratio 4.60% 3.70%

No. of branches 80 79

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60

Table of Contents

Financial Results: 2Q FY2016 and 1H FY2016 ended 30 June 2016

Appendix:

5

2

25

1. Financial Performance

2. Community Financial Services

3. Global Banking

4. Maybank Singapore

5. Maybank Indonesia

6. Other segments

28

37

42

47

51

56

Executive Summary

Results Overview

Prospects & Outlook

7. Affiliates 61

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61

41,195.1

47,256.7 47,880.9 51,602.8

Dec 2015 Jun 2016

Gross Loans

CustomerDeposits

986.0 943.7

161.1 103.5

1H FY2015 1H FY2016

Revenue

PBT

Revenue decreased by 4.3% YoY, due to lower net interest

income (NII) and non-interest income (NOII).

Decline in NII was mainly caused by higher interest expense

while NOII dropped mainly due to lower investment income.

PBT decreased by 35.8% YoY, due to lower income and

higher provisioning. Overheads however, declined by 7.2%

YoY.

Gross loans expanded by 29.4% (annualised) due to higher

corporate and retail lending.

Customer deposits rose by 15.5% (annualised) contributed by

an increase in CASA.

Gross NPL ratio improved to 1.50% from 2.80%, contributed

by lower NPL balances.

Gross Loans and Deposits

An Binh Bank: Performance Overview

-35.8% YoY

-4.3% YoY

29.4%*

15.5%*

Revenue and PBTKey Highlights

VN

D B

illion

VN

D B

illion

*Annualised growth

Key Ratios 1H FY2016 1H FY2015

Return on assets 0.30% 0.50%

Return on equity 3.60% 5.60%

Cost-to-income ratio 54.86% 56.58%

Loans to deposit ratio 91.58% 97.66%

Gross NPL Ratio 1.50% 2.80%

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62

333.8376.6

688.9747.9

Dec 2015 Jun 2016

Gross Loans

CustomerDeposits

PKR b

illion

34.4

30.4

24.2

19.4

1H FY2015 1H FY2016

Revenue

PBTPKR b

illion

Revenue and PBT dropped by 11.6% and 19.8% YoY

respectively, mainly due to decline in non-interest

income (NOII).

Lower NOII was mainly attributed to lower gain on sales

of securities.

Gross loans increased by 25.6% (annualised) mainly

driven by growth in domestic loans.

Customer deposits grew by 17.1% YoY (annualised)

contributed by higher CASA.

Gross NPL ratio improved due to lower NPL balances.

Gross Loans and Deposits

MCB Bank: Performance Overview

+17.1%*

+25.6%*

-11.6% YoY

-19.8% YoY

Revenue and PBTKey Highlights

*Annualised growth

Key Ratios 1H FY2016 1H FY2015

Return on assets 2.06% 2.73%

Return on equity 18.83% 24.60%

Cost-to-income ratio 38.88% 33.41%

Loans to Deposit ratio 50.35% 45.16%

Gross NPL Ratio 5.46% 6.36%

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63

Dato’ Amirul Feisal Wan Zahir

Group Chief Financial Officer

Contact: (6)03-2074 7703

Email: [email protected]

MALAYAN BANKING BERHAD

14th Floor, Menara Maybank

100, Jalan Tun Perak

50050 Kuala Lumpur, Malaysia

Tel : (6)03-2070 8833

www.maybank.com

Jeeva Arulampalam

Head, Group Investor Relations

Contact: (6)03-2074 8346

Email: [email protected]

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.

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Humanising Financial Services