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On 12 September 1960, we opened our doors for the very first time, occupying a corner shop in Jalan H S Lee (or High Street as it was known then). We were the first homegrown bank to serve Malaysian society. In the year that followed, Malaysia’s first local bank began to bloom across Southeast Asia, starting on Singaporean and Bruneian soil.
Timeline. "First Maybank Branch. Since 1960" at Jalan Tun H.S. Lee, Kuala Lumpur. 1960 – Maybank is incorporated on 31 May and begins operations in Kuala Lumpur on 12 September. Malayan Finance Corporation (later Maybank Finance) is established, the first wholly bank-owned finance company.
- 31 May 1960; 63 years ago
- RM51.03 billion, (US$11.59 billion) (2021)
- Over 43,000
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Maybank is incorporated on 31 May and begins operations at Mansion House in High Street in the heart of Kuala Lumpur on 12 September. Establishes Malayan Finance Corporation (later Mayban Finance), the first wholly bank-owned finance company. Opens first overseas branch in Brunei Darussalam.
Feb 3, 2014 · HISTORY. Maybank was incorporated and began operations in Kuala Lumpur in 1960, occupying a corner shop in Jalan H S Lee (or High Street as it was known then). It was the nation’s first local bank to serve Malaysian society. In 1962, the company was listed on the Kuala Lumpur Stock Exchange.
- Maybank has achieved a CAGR of 12.6% in loans, advances and financing assets over the last 10 years. It has increased from RM148.6 billion in December 2007 to RM485.6 billion in December 2017.
- Maybank has reported consistent growth in net interest income over the last 10 years. It has increased steadily from RM4.5 billion in 2007 to RM12.2 billion in 2017.
- Maybank has also achieved consistent growth in non-interest income over the last 10 years. It has increased steadily from RM2.7 billion in 2007 to RM6.0 billion in 2017.
- As a result, Maybank has reported consistent growth in operating revenues over the last 10 years. It has risen from RM15.2 billion in 2007 to RM45.6 billion in 2017.
Sep 10, 2020 · Thursday, September 10th, 2020 at Business | News. by BERNAMA / pic by BERNAMA. WHEN Maybank first opened its doors 60 years ago on Sept 12, 1960 with its first iconic branch in Jalan H.S Lee, the nation was at a crossroad.
Malayan Banking, which quickly became more commonly known as Maybank, was credited with becoming a founding force in the creation of a consumer banking industry in Malaysia. The country's independence following World War II, along with its swift economic growth into the 1960s, created a small but growing middle class.
