Malayan Banking Berhad (Maybank) (Bursa: 1155) is Malaysia’s largest and Southeast Asia’s fourth largest banking group. As of 3 August 2017, Maybank is worth RM98 billion in market capitalization. It is the closest stock in Malaysia to exceed the RM100 billion mark presently.
In this article, I’ll bring a detailed account of Maybank’s tremendous success and achievements thus far and its outlook toward the near future. Therefore, here are the 10 things you need to know about Maybank before you invest.
Track record
1. Maybank has achieved a CAGR of 13.81% in loans, advances and financing assets over the last 10 years. It has increased from RM131.10 billion in December 2006 to RM477.77 billion in December 2016. This is due to growth in lending in major segments such as working capital, purchase of vehicles, and purchase of residential and non-residential properties during the 10-year period.
Source: Maybank ...
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