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Maybank Ranked Among World’s Top 100 Banks

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KUALA LUMPUR, Aug 2- Malayan Banking Bhd (Maybank) has been ranked among the world’s top 100 banks, according to “The Banker”, a monthly financial publication based in the United Kingdom.

The magazine had ranked the largest commercial bank in Malaysia at 95th position at its latest top 1000 banks in the world.

maybankThe bank was placed first in Malaysia’s ranking, followed by Public Bank at second spot and CIMB Group at third placing.

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As of December 2012, Maybank had US$12.608 billion of tier 1 capital, while the size of its assets was US$161.827 billion, placing it on 120th in the world.

The publication said Maybank recorded a pre-tax profits of US$2.582 billion, while its capital assets ratio was 7.97 per cent, the 446th among 1000 banks.

On the performance, Maybank achieved 20.48 per cent profit on capital, placing it 278th position, while on the return on assets, it recorded 1.60 per cent, making it to 290th placing.

Based on ratios, Maybank’s bank of international settlement capital recorded 17.47 per cent, non-performing loans were 1.78 per cent, loans to assets were 64.22 per cent, risk-weighted assets were 57.03 per cent while its cost to income was 46.91 per cent.

 

– BERNAMA