WHO'S THE MOST CHARITABLE?

How Malaysia's Biggest Public Companies Give Back To Society?

Malayan Banking Berhad

Maybank is the largest financial services group in Malaysia and operates across a global network of 18 countries. The company established a five-year strategy (M25) centred around the group’s strategic priorities of being pervasively digital, building new value drivers and driving sustainability forward. Maybank monitors their sustainability progress via four long-term sustainability commitments; mobilising RM50 billion in sustainable finance by 2025, improving the lives of one million households across ASEAN by 2025, achieving a carbon neutral position of their own emissions by 2030 with net zero carbon equivalent by 2050, and achieving one million hours per annum on sustainability alongside delivery of one thousand significant UN SDG-related outcomes by 2025.

Fiscal Year-End: 31 December 2022

Industry: Financial Services

Net Profit: RM8.23 billion

The net profit of Malayan Banking Berhad increased in FY2022 to RM8.23 billion from RM8.09 billion during the previous financial year.

Profit Growth (YoY): 1.71%

The year on year net profit growth at Malayan Banking Berhad is at 1.71%.

Dividend Payout: RM6.97 billion

The Group’s dividend payout ratio for the FY2022 was at a substantial 84.60% which amounts to RM6.97 billion.

Zakat Fund: RM9.36 million

The Group contributed a total Zakat fund of RM25.53 million in FY2022.

Cash Giving: RM37.80 million

Total cash contributions made by Maybank during FY2022, was RM37.8 million. This contribution was made through community investment.

In-kind Giving: N/A

Total in-kind contributions are accounted for under the RM37.8 million contribution made through community investment.

Employee Volunteer Hours: 14,709.25 hours

The total employee volunteer hours reported by Malayan Banking Berhad is 14,709.25 hours.

Malayan Banking Berhad:
Cash, In-Kind and Employee Volunteer Hours

No.	Contribution	Based on Previous Yr	Cash Giving	In-kind Giving	Employee Volunteer Hours	Beneficiaries
1	Community Investment	⬇️	37,800,000	N/A	N/A	N/A	In 2022, Maybank channelled over RM37.8 million into their community programmes. At Maybank, the Group understands the importance of their role in developing and nurturing society, and supporting communities through targeted, impactful programmes.
2	R.I.S.E. Programme	⬆️	N/A	Training programme worth RM13.46M	N/A	9,270 participants	Trained more than 9,270 participants in 2022. This programme has empowered PWD entrepreneurs through targeted and inclusive training as an effective means to sustain their business, leading to economic development and poverty alleviation. Total investment for the programme in FY2022 is over RM13.46 million
3	Maybank Women EcoWeavers programme	⬆️	N/A	Upskilling programme worth RM2.48M	N/A	542 weavers & farmers	Promote financial independence among women from marginalised communities in ASEAN, while preserving the traditional art of weaving. This programme works with female weavers and their families to revive and preserve traditional weaving practices through technical training, business skill capability-building and providing access to microfinancing, thus creating a pathway for women and their families to achieve financial stability and economic independence. 542 weavers and farmers were trained in 2022; 281 in Cambodia, 125 in Laos, 22 in Malaysia, 114 in Indonesia. Total invested in this programme was over RM2.48 million in 2022.
4	eMpowering Youths Across ASEAN	⬆️	N/A	Training programme worth RM2.35M	N/A	21,106	The eMpowering Youths Across ASEAN aims to mobilise youth as a force for change in their communities. The programme selects 100 youths from across the region between the ages of 19 to 35 to develop and implement community projects, at selected locations, which will have long-term positive social and economic impact. Impacted 21,106 people in Arts, Culture, Education and Environmental Sustainability while partnering with 10 CSO. The total investment for this programme in FY2022 was over RM2.35 million.
5	Cashville Kidz Programme		N/A	Financial literacy programme worth RM2.51M	N/A	36,394 students from 105 schools	Cashville Kidz is a financial literacy programme aimed at providing children ages 9-12 with essential money management skills that will enable them to build more financially stable futures. In 2022, 105 schools covered and with more than 36,300 students impacted across seven countries. Total invest of over RM2.51 million in FY2022.
6	MCampus 2022		N/A	Financial literacy programme	N/A	276 people	A project that was conceptualised in mass banking to promote financial literacy and better spending habits within the younger community. The event engaged 276 people.
7	Financial Literacy Webinars	⬇️	N/A	7 webinars	N/A	1,200 business participants	In 2022, Maybank Indonesia conducted seven webinars reaching more than 1,200 business participants to promote digital literacy and financial planning covering areas such as economic insights, business tips and tax updates. In addition, Maybank Indonesia participated in government-led initiatives designed to promote financial literacy. As part of the Financial Inclusion Month, this included the Islamic Banking (iB) Vaganza Expo – an educational activity organised by the Financial Services Authority in collaboration with Islamic finance businesses in Indonesia to promote Islamic finance to the general public.
8	Etiqa Cares Literacy (3M) Programme		N/A	Literacy programme	N/A	100 families	Launched on 4th April 2022 in collaboration with ADAB Youth Garage to tackle the low literacy rates among primary school students residing in the vicinity which will benefit 100 children from B40 families.
9	Maybank Privilege Paint Your Life Contest		N/A	Art contest	N/A	74 participants	A financial literacy programme aimed at nurturing young Malaysians to be financially responsible so they can achieve their financial goals. Paint Your Life is an online colouring contest for children aged 8 to 12 years old aimed at inspiring children’s creativity and freedom to interpret, through art, what it means to have good saving habits in their lives. Maybank received 74 inspiring artwork and selected top three winners.
10	ASEAN-Maybank Scholarship Programme		N/A	3 Scholarships	N/A	3 scholars	Maybank is currently supporting three scholars from Malaysia, Myanmar and Cambodia.
11	Maybank Group Scholarship Programme	⬆️	N/A	Scholarships worth RM5.07M	N/A	130 scholars	Provided financial assistance to deserving students with high potential, with emphasis on supporting those in the lower income bracket. Created a strong entry-level pipeline comprising top-tier fresh graduates from local and foreign universities. Strengthened Maybank’s reputation as the top quartile employer of talent, particularly amongst fresh graduates. Maybank is currently supporting 130 (69 existing scholars and 61 new scholars) of various academic disciplines in Malaysia, Australia, United Kingdom and the United States of America.
12	Maths for Rural Kids (MARK)		N/A	RM0.37M	N/A	300 students	Partnership between Maybank Foundation and Yayasan Pelajaran MARA (“YPM”) together with Universiti Teknologi MARA (“UiTM”), to provide Mathematics tuition classes to primary school students in rural communities. The programme will also feature an online learning website which students can access. Maybank conducted pilot programmes in three states – Perlis, Perak and Pahang, providing tuition classes to 100 students in each location. Total investment in FY2022 with over RM370,000
13	Child Sponsorship Programme		N/A	Sponsorship programme	N/A	40 children	Maybank Cambodia supported 40 underprivileged children to access opportunities to pursue education as a way out of poverty. The sponsorship programme entailed a monthly funding allocation to cover basic food and school support as well as special engagement sessions with Maybank employees.
14	Disaster Relief Contributions from Etiqa		N/A	RM0.24M	N/A	2,000 flood victims	In 2022, Etiqa’s Shariah Committee also approved Zakat Disbursement amounting to over RM240,000 in financial assistance to more than 2,000 beneficiaries affected by the floods in Kelantan, Pahang and Terengganu. Beneficiaries from this relief include the Islamic Aid Association Malaysia (IAM), Universiti Malaysia Terengganu (UMT), Universiti Sultan Zainal Abidin (UniSZA) and Yayasan Ikhlas
15	Etiqa Cares Centre		N/A	Youth centre	N/A	500 youths	Etiqa Cares Centre, a safe space created for the urban poor youth to have after-school activities. For 2022, Maybank opened one centre in Johor, which will benefit approximately 500 youths.
16	Clean Water Project	⬆️	N/A	Water infrastructure project worth RM0.76M	N/A	3,300 villagers	Etiqa invests in water infrastructure improvement projects across Malaysia. In 2022, RM762,000 was invested to improve the water infrastructure in three villages located in Sabah, Kedah and Kelantan, impacting 3,300 villagers.
17	Water, Sanitation and Hygiene (WASH)	⬆️	N/A	Funds worth RM0.34M	N/A	2,724 people	This project aims to improve the health of the communities by reducing the incidence of waterborne diseases through access to sustainable clean water and hygiene practices. For 2022, Maybank Islamic allocated RM340,000 of its Zakat funds to the WASH Project benefitting 2,724 people in Gua Musang and Jeli, Kelantan
18	Cervical Cancer Screening	⬆️	N/A	Health screening worth RM1.20M	N/A	5,500 women	Cervical Cancer Screening Etiqa aims to screen 6,000 eligible women nationwide from February 2021 to February 2022, with an estimated project cost of RM1.2 million. As of December 2022, more than 5,500 women were screened, expanding its reach by more than 80% as compared to 2021 (3,000 women).
19	Mammograms for Underprivileged Women		N/A	Health screening worth RM2.00M	N/A	4,500 women	Etiqa provides free mammograms to underprivileged women above the age of 40. Programme aims to screen 6,000 women over a 12-month period, starting from February 2021. Etiqa is investing approximately RM2 million into the project and for 2022, 4,500 women were screened.
20	Save a Child’s Heart		N/A	Financial assistance RM0.20M	N/A	17 paediatric patients	Maybank Islamic provides financial assistance to children in need of medical treatment and heart surgery. For 2022, Maybank Islamic allocated RM200,000 of its Zakat fund to support surgery or cost of treatment of 17 paediatric patients. Since 2012, this programme has contributed more than RM3.7 million.
21	Maybank Marathon 2022		N/A	Marathon	N/A	9,527 participants	The Elite Label Maybank Marathon was held on 28th August 2022 at the Bali Safari & Marine Park. Maybank encouraged the participation of wheelchair runners to further drive inclusivity and to raise awareness for a healthy lifestyle among PWDs. The event saw 9,527 participants from 50 countries.
22	Tiger Conservation At Royal Belum–Temenggor Forest Reserve		N/A	Investment over RM1.44M	N/A	Tiger Conservation At Royal Belum	Maybank partnered with WWF-Malaysia and other government agencies to help protect this majestic species from extinction. We also run a tiger conservation programme in the Belum-Temenggor Forest Complex, one of Malaysia’s most important tiger habitats, on top of working with and tapping into the knowledge of Orang Asli communities in order to better protect the tiger’s habitat and its natural resources. The total investment in FY2022 was over RM1.44 million.
23	Etiqa Marine Conservation Programme 2022		N/A	RM0.04M	N/A	Nine frames of coral in Pulau Tioman	Etiqa’s Marine Conservation Programme aims to adopt and help conserve nine frames of coral in Kampung Salang, Pulau Tioman. This programme is a joint effort between Etiqa, Leges Divers, an NGO, EKOMAR of UKM and Fishery Department of Pahang. In 2022, more than RM40,000 was invested.
24	Gunung Palung National Park Reforestation Programme		N/A	3,000 tree seedlings	N/A	Gunung Palung National Park	Maybank Indonesia together with the Alam Sehat Lestari Foundation (ASRI) carried out an integrated tree planting programme in Laman Satong, West Kalimantan, with the theme “High Quality and Affordable Healthcare as a Forest Conservation Incentives”. Started in April 2022, the collaborative reforestation programme involved the planting of 3,000 tree seedlings on one hectare of degraded land in Gunung Palung National Park, monitoring processes and nursery training activities for the surrounding community, aimed at encouraging forest conversation by enabling the community to use the tree seeds as a method of payment for health and medical expenses at the ASRI Clinic.
25	Balai Seni Art Series		N/A	2 exhibitions	N/A	129 artists	The Balai Seni Art Series celebrates Malaysian visual artists. In 2022, Maybank organised two virtual exhibitions (ARUS and MyTIGER Values) and 1 physical exhibition where 129 artists showcased their artworks.
26	Bank-led Cahaya Kasih Programme		N/A	N/A	14,709.25 hours	Public	Volunteer Participation Rate 6,641 Volunteer Manhours 14,709.25

⬆️ – shows an increase monetarily or the number of beneficiaries from 2021 report

⬇️ – shows a decrease monetarily or the number of beneficiaries from 2021 report

1. The numerical value for total cash and in-kind giving was calculated based on individual monetary mentions in the Annual and Sustainability report.

2. The information above is derived from Malayan Banking Berhad’s 2022 Annual and Sustainability Report. Email correspondence was made between between 20 April – 3 August 2023 to seek further clarification, however, no reply was received.

Focus Areas of Malayan Banking Berhad

Beneficiaries of Malayan Banking Berhad

Malayan Banking Berhad contributed a total of RM37.8 million into community investment in FY2022 which is a decrease from their contribution of RM46.6 million in the previous financial year. The top focus areas from the group’s giving are in Education followed by Health. 41.7% of Maybank’s giving initiatives were contributed towards education including multiple training programmes that mostly tackled financial literacy education. Nearly half of the beneficiaries from the Group’s giving initiatives benefited the Youth at 45.8%. This is largely due to the financial literacy programmes conducted and scholarship programmes contributed by Maybank. The employee volunteer hours at Malayan Banking Berhad has increased from 6,261 hours to 14,709.25 hours in FY2022.