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Send to friendJuly 2010
Maybank Islamic launched Waqf, a structured community-giving initiative that allows customers to place deposits as waqf contribution. The Bank was the first financial institution in the country to offer such an integrated waqf solution to customers. q
Maybank holds first-ever TIGER Fun Run at the Mall of Asia grounds. Participated in by Maybankers and key customers, the run was able to raise php100,000.00 for Gawad Kalinga. q
Maybank Islamic received the Islamic Retail Bank of the Year Award at The Asset Asian Awards 2010 event held in Kuala Lumpur. u
Maybank unveiled its premium Maybankard World MasterCard that provides top of the range benefits and privileges. The card offers frequent fliers the highest number of Treats AirMiles when used for everyday purchases.
Maybank revised its Base Lending Rate (BLR) from 6.05% p.a. to 6.30% p.a.. The Base Financing Rate (BFR) of Maybank Islamic Berhad was similarly revised from 6.05 % p.a. to 6.30 % p.a.
Maybank achieved a rare three Asiamoney Annual Private Banking Poll 2010 Awards for a Malaysian private banking services provider. Maybank captured for the second consecutive year the Best Domestic Private Banking in Malaysia and Overall Best Domestic Private Bank for the US$1 million - US$5 million Asset under Management (AUM) category respectively. Maybank was also voted as Overall Best Private Bank in Malaysia for the AUM US$5.01 million – US$25 million category.
The World Takaful Conference under a strategic partnership with Etiqa organised the 1st Family Takaful Summit in Kuala Lumpur.
Maybank launched its enhanced Mobile Banking Service or M2U Mobile, offering joint marketing campaigns with telecommunication operators such as Celcom, Maxis and DiGi. The enhanced M2U Mobile enables customers to access the bank’s portal Maybank2u.com using any phone model or telco operator for their banking, bill payment or e-commerce transactions. q
An Etiqa Green Day was held to emphasis the importance of being environmentally friendly.
Etiqa Academy with LIMRA organised the Regional Officers School (ROS) workshop, a program designed for company managers responsible for business development working closely with agency managers.
With the Singapore Innovation Class (I-Class) certification, Maybank became the first Bank in Singapore to achieve all four standards in Business Excellence (BE) - Singapore Quality Class (SQC), Singapore Service Class (S-Class), People Developer (PD) and Singapore Innovation Class (I-Class) at an enterprise level. The BE initiative was given out by the Standards, Productivity and Innovation Board (SPRING) Singapore to organisations which have attained a commendable level of performance.
August 2010
Maybank launched an innovative web-based trade finance service, TradeConnex, the first local bank in Malaysia to offer a comprehensive suite of conventional trade finance products online. q
Etiqa won the KLIFF Award for Most Outstanding Takaful Company for the third time.
Maybank was one of the exhibitors in the first Malaysian Solo Fair, a trade exhibition organised by the Malaysia External Trade Development Corporation (MATRADE), the export promotion agency of the Government of Malaysia. The exhibition was opened by Dato’ Seri Dr. Ibrahim Saad, Ambassador of Malaysia to the Philippines and Honorable Alfredo Lim, Mayor of Manila. The event also featured a Briefing on “Doing Business in the Philippines,” with Maybank Philippines PCEO Amos Ong as one of the Resource Speakers and Panelists. q
Maybank presented cash awards for academic and co-curriculum excellence to 15 students at its two schools in Penang which are under the PINTAR programme. In addition, the bank also presented 10 computers each to the two schools to supplement existing facilities and support computer literacy among students.
Maybank Islamic was honoured at the Kuala Lumpur Islamic Finance Forum (KLIFF) Awards 2010 as the Most Outstanding Islamic Retail Bank, the third consecutive year received an award at it KLIFF. q
Maybank Investment Bank was Joint Principal Adviser, Joint Lead Arranger and Joint Lead Manager for Celcom’s RM4.2 billion Sukuk Programme.
Maybank announced record Group pre-tax profit of RM5.37 billion compared to RM1.67 billion posted in 2009. Net profit after tax and minority interest (PATAMI) jumped to RM3.82 billion from RM691.9 million previously. In the last financial year, the Group’s results were impacted by the RM1.97 billion impairment charge on its investment in Bank Internasional Indonesia (BII) and MCB Bank.
Maybank Islamic staff joined orphans from Rumah Amal Belaian Kasih for an “Iftar” held at Dataran Maybank. q
Maybank Singapore was conferred the Work-Life Excellence Award by the Tripartite Committee on Work-Life Strategy in recognition of the Bank’s commitment towards a balanced work-life culture. Maybank Singapore was the only Bank to receive this award three times in a row in 2006, 2008 and 2010. q
September 2010
BII launched its Superkidz Center, which is a mobile banking service where BII teams visit selected schools to educate students on savings.
Maybank Singapore officially opened its Geylang Serai Branch offering Islamic banking products and services. q
BII and IFC signed an agreement for SMEs for Women’s Business. IFC also provided advisory services for BII in extending loans for women in business. q
American Express and Maybank teamed up with Pantai Holdings Berhad, the holding company of Pantai Hospitals and Gleneagles Hospital Kuala Lumpur to launch the Pantai American Express Credit Card, Malaysia and Asia’s first co-brand credit card with a healthcare service provider. The card was also the first such co-brand credit card issued on the American Express global network targeting consumers in Malaysia and within the region.
Maybank Investment Bank signed an agreement with Standard & Poor’s to offer S&P’s Global Research Reports to Maybank IB clients.
October 2010
Maybank Singapore organised the Maybank NightWalk as part of its 50th Anniversary celebrations and in support of the Maybank Family Fund launched in July 2010. All the registration fees collected from this event was donated to the Maybank Family Fund, administered by Central Singapore Community Development Council. q
Maybank Islamic contributed RM100,000 worth of foldable bags for Hajj pilgrims in support of the Annual Sahabat Korporat Tabung Haji.
BII conducted a Wheelchair Tennis Tournament 2010 to support the paraplegic community. A total of 45 wheelchair tennis athletes from different clubs in Jakarta, Bogor, Tangerang, Bekasi, Central Java and Yogyakarta participated in the tournament. q
Etiqa Oneline was awarded the prestigious Silver Award for having the Best Contact Centre Manager and Bronze Award for the Best Contact Center at the Contact Centre Association of Malaysia Awards 2010.
Maybank Philippines and Home Guarantee Corporation (HGC) signed a Php1.5 Billion Contract of Guaranty agreement. Under the agreement, Maybank extends loans to individual housing loan borrowers, as well as provide financing facility to real estate developers through assignment or purchase of Contract-to-Sell accounts while HGC insures the mortgages and contract-to-sell receivables of Maybank against non-payment of borrowers. q
Etiqa Alor Setar was one of the 14 centres involved in a nationwide Blood Donation Drive themed ‘Donate Blood - Your Gift of Life’ to help replenish supplies for the National Blood Bank.
BII conducted its annual Public Expose as required by the stock exchange. q
Maybank opened its ninth branch in Cambodia, located in Sihanoukville, south west of the country.
Eighty deserving students from Universitas Gadjah Mada received scholarships from BII, the third year
the bank offered scholarships to the university’s
students. q
Etiqa Academy welcomed 53 agents and staff into its off-campus Risk Management and Insurance bachelor’s degree program. The program is a collaboration between Etiqa and Universiti Utara Malaysia.
BII held a draw for the Grand Prize of “Biingkisan Beruntun 2010” Period 1, and launched the “Biingkisan Beruntun 2010” Period 2. Biingkisan Beruntun is a loyalty program for savings products. q
Maybank Singapore was one of the mandated lead arrangers for a S$750 million murabaha facilities agreement for healthcare services provider, Parkway Holdings. The facilities, for Parkway’s general working capital and refinancing of its existing loans, was the company’s first shariah-compliant funding exercise.
PT Bank Internasional Indonesia Tbk announced net profit of Rp415 billion for the first nine months ended 30 September 2010, a significant turnaround from the net loss of Rp183 billion in the previous corresponding period ended 30 September 2009.
Maybank Islamic hosted a study visit by 30 students from Islamic Science University of Malaysia who were presented with an overview of the bank as well as Islamic banking products and services in Malaysia. q
November 2010
Etiqa Insurance and Takaful launched their ‘A Lifetime of Love in One Simple Gift’ campaign to encourage members of the public to purchase an insurance or takaful plan as a lifelong gift of protection and savings for their loved ones.
Tunku Kurshiah College, one of the top residential colleges in Malaysia as well as a Malaysia Smart School, was the first residential college to participate in the Maybank-MoneyTree Financial Literacy Programme. This project, a joint effort between Maybank and MoneyTree, aimed at helping secondary school students aged 13 – 17 understand the importance of financial planning and developing them into financial savvy individuals.
BII received an award for being the first bank to launch a savings product for Women (Woman One) from the Record Bisnis Indonesia. q
BII added eight Sharia Office Channels in the Greater Jakarta area.
Maybank announced a 21.5% rise in Group pre-tax profit for the first quarter ended September 2010 to RM1.40 billion compared to RM1.16 billion in the corresponding period ended September 2009. Profit after tax and minority interest (PATAMI) for the quarter rose 16.6% to RM1.03 billion from RM881.8 million previously.
More than 10,000 Maybank Group employees globally joined together for the first time in a global CSR initiative through the Group employee volunteerism programme under the Cahaya Kasih banner. The programme which was part of Maybank’s 50th anniversary celebration themed ‘Close to You’, created a milestone as it was the first Malaysian financial institution to organise such an event across its global network.
American Express launched its 15% cash back campaign, offering cardmembers 15% cash back on purchases using its cards at 14 malls nationwide. This campaign was aimed at rewarding cardmembers and was part of the Bank’s 50th anniversary celebrations.
Maybank Singapore was one of the mandated lead arrangers for a S$1,618 million 5-year term loan facilities extended to property developer, Orchard Turn Retail Investment Pte. Ltd. for refinancing a construction loan used for the development of ION Orchard shopping mall, one of Singapore’s newest and most upmarket malls.
Twenty young Malaysians aged 7-12, demonstrated the 1Malaysia spirit at a Maybank Story Telling Contest, with stories taken from a Maybank publication entitled “Stories for our Future”. The contest which aimed to promote the values of 1Malaysia among the young generation, and was graced by YABhg Datin Paduka Seri Rosmah Mansor, wife of the Prime Minster of Malaysia.
At the event, Datin Paduka Seri Rosmah also read a specially written “Story for the Children of 1Malaysia” produced by Maybank for all children. q
December 2010
BII presented the grand prize of a Jaguar car to the winner of its ‘Biingkisan Beruntun’ campaign.
Maybank Islamic was one of the corporate partners of TV Al-Hijrah which was launched by the Prime Minister of Malaysia, Dato’ Seri Mohd Najib Tun Abdul Razak. q
Maybank announced a disaster relief assistance programme offering a moratorium on monthly installment payments and waiver of certain charges on a case-to-case basis for customers affected by floods in Perlis, Kedah and Kelantan.
Maybank hosted an art exhibition entitled “Expressions of the Malayan Tiger” showcasing 50 works by Malaysian artists who participated in an art competition held in conjunction with Maybank’s 50th anniversary celebration. The aim of the competition was to encourage the development of art as well as create greater awareness on tiger conservation. u
PT Bank Maybank Indocorp (BMI) was officially renamed PT Maybank Syariah Indonesia (MSI), following its conversion to a full fledged Islamic bank in Indonesia in October 2010. This was part of the Group’s aspiration to extend its Islamic banking operations regionally. t
Maybank’s 50th anniversary celebrations drew to a close on a high note with the launch of the Maybank Foundation and the unveiling of a specially commissioned 1Malaysia sculpture called “Segerak, One Movement 1Malaysia” by Prime Minister YAB Dato’ Sri Mohd Najib Bin Tun Abdul Razak, at a Maybank Gala Dinner. About 1,000 guests attended the glittering event. The Maybank Foundation, with a RM50 million initial fund, will spearhead the Group’s CR activities throughout its network. u
BII opened 12 new branches in Semarang, West Java.
January 2011
Maybank, through its wholly-owned subsidiary, Aseam Credit Sdn Bhd (“ACSB”), entered into conditional sale and purchase agreements with Mr. Ronald Anthony Ooi Thean Yat and Yuanta Securities Asia Financial Services Ltd. for the acquisition of 15.4% and 29.2% stakes in Kim Eng Holdings Limited respectively. The shares were acquired at a price of S$3.10/share, amounting to a total purchase consideration of S$798 million (approximately RM1.90 billion).
Maybank launched its ‘Overseas Mortgage Loan Scheme’, the first Malaysian bank to offer Malaysians a local mortgage loan facility in Ringgit for purchases of property in London, United Kingdom.
Maybank launched its “Maybankard 2 Cards” targetting half a million new cardmembers within 12 months. The Maybankard 2 Cards offer an innovative feature, a first in Malaysia, of providing two credits cards together to a cardmember with only one sign-up.
Pos Malaysia Berhad and Maybank launched a strategic partnership to provide Shared Banking convenience for customers to conduct selected Maybank services at more than 400 Pos Malaysia outlets nationwide. The ceremony was held at Pos Malaysia Benut, Pontian, Johor. q
PT Bank Internasional Indonesia Tbk reported a net profit of Rp461 billion for the full year of 2010, a significant turnaround from the net loss of Rp41 billion in the previous corresponding period.
February 2011
Maybank Islamic Berhad signed an agreement to provide a RM100 Million Commodity Murabahah Term Financing-i (CMTF-i) facility to Universiti Teknologi Malaysia (UTM), Skudai. The facility was to be used to redeem UTM’s existing term loans for the construction of hostel facilities at its Skudai campus. t
Maybank Philippines handed over children’s books contributed by Maybank staff in addition to a cash donation to Maharlika Elementary School, for the improvement of the public school’s library. q
Maybank announced a 16% rise in Group pre-tax profit for the six months ended December 2010 to RM2.97 billion compared to RM2.56 billion in the previous corresponding period ended December 2009. Profit after tax and minority interest (PATAMI) for the period rose to RM2.15 billion compared with RM1.88 billion previously. q
Maybank entered into a strategic partnership with Xinhua News Agency, the most important information authority in the People’s Republic of China to enable the Bank have greater exposure and news coverage in the People’s Republic of China. Xinhua will also benefit from this tie-up by having access to information on the Malaysian and ASEAN financial sector from Maybank. q
Maybank won Euromoney’s “Best Private Banking Services Overall in Malaysia” for the third consecutive year. q
Maybank Islamic participated in the Malaysia International Halal Showcase for the 7th consecutive year. q
Maybank Islamic opened its 13th branch in i-City, Shah Alam making it the first bank to begin operations in the area. q
Maybank joined forces with the Ministry of Women, Family and Community Development to celebrate International Women’s Day (IWD). The Bank and its IT outsourcing partner CSC Malaysia teamed up to contribute 200 refreshed computers to single mothers nationwide under the Rumah Nur programme managed by the Ministry.
Maybank signed a USD700 million 5 year syndicated term loan facility underwritten and arranged by mandated lead arrangers and bookrunners comprising Australia and New Zealand Banking Group Limited, The Hongkong and Shanghai Banking Corporation Limited, Labuan Branch, Mizuho Corporate Bank Ltd., Labuan Branch and Standard Chartered Bank Labuan Branch which saw a total of 22 banks (including the mandated lead arrangers and bookrunners) joining the transaction. The Facility was upsized from the original amount of USD500 million to USD700 million to accommodate part of the oversubscription during syndication.
Maybank Islamic hosted a study visit by 30 students of Babson College, USA to provide them a better understanding of Islamic banking. q
Maybank Islamic opened its 14th branch in Gunung Rapat, Perak.
Maybank further strengthened its presence in the Philippines by making the big move to the Clark Freeport Zone. The newly-opened Maybank Clark branch was positioned as a one-stop financial shop offering customers a portfolio of products and services suited to meet a variety of needs. Located within the BerthaPhil Clark Center Compound, Maybank Clark is right in the heart of an emerging community that features, at full build-out, an information technology business park, commercial shopping centers, entertainment complexes, condominiums and a school campus. q
Etiqa Takaful made a zakat contribution of RM286,781 to Madrasah Darul Atiq at Ulu Yam, which provides assistance and shelter to single mothers and abandoned children.
In a move to further boost operational capability and service delivery, Maybank relocated its Biñan Branch to a more visible location that offer high potential for business growth.
Maybank Biñan is now located right in front of Pavilion Mall, along National Highway, a prominent area being primed for growth and development in Binan City. u
Maybank won two awards, the prestigious Country Award for ‘Best Retail Bank in Malaysia’ and the Products and Processes Award for ‘Best Deposit and Liability Business’ in The Asian Banker’s International Excellence in Retail Financial Services Awards 2011 held in Kuala Lumpur.
Maybank Philippines started offering Merchant Acquiring services, with a pilot run on 5 accredited merchants. By June 2011, a total of 70 Maybank Point-of-Sales (POS) terminals have been installed. q
Maybank held a prize presentation ceremony for the final phase of its RM2 million Rewards Campaign held in conjunction with Maybank’s 50th anniversary celebrations which included a RM500,000 grand prize.
Maybank Islamic Berhad issued its maiden Tier 2 Capital Islamic Subordinated Sukuk of RM1.0 billion, based on the Islamic principle of Musyarakah. It was rated AA+IS (outlook stable) by Malaysian Rating Corporation Berhad (MARC) and carried a tenure of 10 years from the issue date on a 10 non-callable 5 basis.
April 2011
Maybank Singapore collaborated with Central Singapore Community Development Council to launch a matched savings scheme for low-income families called C.A.S.H.UP (Cultivate A Savings Habit). In this nine month programme, Maybank Singapore matched dollar-for-dollar, up to a maximum of $1,000 at the end of the savings period, any C.A.S.H.UP Savings Account opened by a family. q
Two hundred and forty Formula One fans were part of the exciting 2011 Formula One PETRONAS Malaysia Grand Prix at the Sepang International Circuit on April 9 – 10 April, 2011 courtesy of Maybank cards. q
Maybank and Pos Malaysia Berhad achieved another milestone in their strategic partnership by extending their Shared Banking services to East Malaysia commencing in Belaga, Sarawak. It was among the 51 locations identified in Sarawak and Sabah for the Shared Banking services to reach a larger base of customers, especially the under-served segment in rural areas, by leveraging on the extensive reach of Pos Malaysia outlets.
BII held its Grand Prize Lucky Draw for its “Biingkisan Beruntun” 2010 programme.
Maybank and Xinhua News Agency officially launched the Xinhua08 Malaysia webpage at Invest Malaysia 2011. The webpage, available in Mandarin at http://maybank.xinhua08.com provides readers especially in China, the opportunity to follow up-to-date business and financial news covering Malaysia and the ASEAN region.
Maybank Philippines conducted a contest-and-fund-raising drive for Operation Smile Foundation, a charitable institution dedicated to treating children with cleft lip or palate and other facial deformities.
BII conducted a Public Expose for its Subordinated Bonds. The issuance of this subdebt raised an additional Rp 1.5 trillion Tier 2 Capital.
The Maybank Malaysian Open was held at the Kuala Lumpur Golf & Country Club. This 50th edition of the Open saw the participation of renowned golfers from the European and Asian tours, led by World No. 1 Martin Kaymer. q
Maybank launched a “Debit & Drive Home A Volkswagen Polo” campaign which aimed to create greater awareness on the convenience of debit cards, while rewarding customers with two Grand Prizes of a Volkswagen Polo car each as well as one daily cash prize of RM500 for the highest number of transactions for the day. The launch of the campaign was held in conjunction with Permodalan Nasional Berhad’s Minggu Saham Amanah Malaysia 2011 (MSAM) held in Ipoh.
Maybank announced that it had successfully priced a SGD1.0 billion subordinated notes programme, the Bank’s maiden issue under the US$2.0 billion Multicurrency Medium Term Note Programme.
BII and Garuda Indonesia signed an agreement for ticketing Cash Management payment via BII CoOLPAY.
May 2011
Maybank won the Malaysian Institute of Directors ‘Innovative Leadership in Globalisation’ Award in the “Banking & Finance” category. q
Maybank announced its intention to make a mandatory unconditional cash offer to acquire all the ordinary shares of Kim Eng Holdings Limited, other than those already owned by Mayban IB Holdings, its related corporations and their respective nominees, at a price of S$3.10 per share.
A groundbreaking ceremony was held on the future site of Maybank Corporate Center, soon to become the hub of the Bank’s operations in the Philippines. q
Maybank Malabon was relocated to Governor Pascual Avenue, a commercial site in Malabon City developed as a flood-free zone area. q
BII strengthened its electronic network with the launch of its 1,000th ATM. BII’s ATMs are connected with more than 35,000 ATMs under ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS, and Malaysia’s MEPS network, and to more than 2,800 Maybank ATMs in Malaysia and Singapore.
Maybank announced that it had completed the acquisition of a 44.6% stake in Kim Eng. Together with the market purchases on January 7, 2011 and January 10, 2011 for approximately 5.6% stake, Maybank now owned a majority interest of 50.2% in Kim Eng.
Maybank revised its base lending rate (BLR) upwards from 6.30% p.a. to 6.60% p.a. The base financing rate (BFR) of Maybank Islamic Berhad was similarly revised to 6.60 % from 6.30%.
Maybank Islamic distributed a total of RM7.07 million to 15 State Zakat centers as well as to charity bodies in Malaysia, an increase of RM2.06 million compared to the 2009 financial year. q
Maybank announced a 13.4% rise in Group profit after tax and minority interest (PATAMI) for the nine months ended March 2011 to RM3.3 billion compared with the RM2.91 billion recorded in the previous corresponding period ended March 2010. Group pre-tax profit rose 13.2% to RM4.54 billion compared to RM4.01 billion previously.
BII held its Annual General Meeting.
Etiqa Takaful made a zakat contribution of RM 237,900 to Madrasah Darul Istiqamah, Muar to build new hostels for its students.
BII celebrated its 52nd anniversary with a series of sports, writing and singing competitions as well as CSR activities.
During Invest Malaysia in New York from 17-18 May 2011, Maybank President and CEO Dato’ Sri Abdul Wahid Omar was interviewed by Pimm Fox on Bloomberg Television’s “Taking Stock” on a wide range of economic and banking issues. q
Maybank Islamic clinched the “Top SMI Supporter for Islamic Bank Category” award at the Credit Guarantee Corporation (CGC) Top SMI Supporter Award 2010.
Maybank Makati Avenue Branch was opened for business, located near the corner of Makati Avenue and Kalayaan Avenue, beside St. Giles Hotel. It is the 3rd Maybank branch to be opened in Makati City. q
Maybank hosted a month long art exhibition featuring works by Selangor-born artist Goh Ah Ang, renowned for his Chinese paintings on diminutive subjects, such as insects.
The exhibition entitled ‘Art and Ants’ was officially launched by Tan Sri Amirsham A Aziz, Chairman, National Economic Advisory Council at Balai Seni Maybank, Menara Maybank. q
Jun, 2011
Maybank Singapore was one of two corporations which clinched the Excellence Award at the People’s Association Community Spirit (PACS) Awards 2011 of recognition of its community partnership efforts. Working with the Central Singapore Community Development Council, Maybank had launched initiatives such as the Maybank Family Fund, which addresses the needs of low-income families, and raised over half a million dollars within months of the launch. q
June 2011
Maybank Investment Bank was Joint Principal Adviser, Joint Lead Arranger and Joint Lead Manager for Westports Malaysia’s Sukuk Musharakah Programme of up to RM2.0 billion. The issue was the largest Islamic securities programme established by a port operator in Malaysia.
Dato’ Sri Abdul Wahid Omar, President & CEO of Maybank, was interviewed on CNBC on various issues pertaining to the growth of Maybank. q
Maybank Singapore launched “CashOut”, a service that allows customers to withdraw cash while paying bills using their Maybank ATM card or credit card linked to a Savings or Current Account. Customers also enjoy greater convenience by having more access points for withdrawing cash at all 62 Singapore Post outlets nationwide.
Pos Malaysia Berhad and Maybank extended their shared banking services to Sabah with a target to cover 26 selected post offices in Sabah.
The launch, held in Kota Marudu was officiated by Tandek state assembly member, Ms Anita Baranting.
The Shared Banking Service allows customers, particularly in rural communities, to access Maybank’s banking services using Pos Malaysia’s extensive branch network across the country.
Fifty Maybankard MasterCard Platinum Debit customers were presented a holiday package each to Resorts World Sentosa Singapore courtesy of Maybank and MasterCard Worldwide. The winners were among the first successful applications of the Maybankard MasterCard Platinum Debit Campaign held from December 2010 to February 2011. q
Maybank Islamic was platinum strategic partner at the 2nd Annual World Islamic Banking Conference – Asian Summit in Singapore. The Chief Executive Officer, Muzaffar Hisham was one of the keynote speakers at the event. q
BII was ranked second among banks in Indonesia for “Bank Service Excellence Award” for 2010 and 2011 by Marketing Research Indonesia (MRI) and Infobank magazine. This was the second consecutive year it won the award.
Etiqa Takaful made a zakat contribution of RM157,280 to Rumah Amal Raudhatul Ikhwani, a home which provides shelter to the poor and needy in Rompin.
BII launched its Mobile Banking service, making it one of the most connected banks in Indonesia. BII Mobile Banking allows customers to perform banking transactions through shortcut SMS, SIM Tools Kit, Java at BlackBerry and UMB Banking.
Maybank joined six other banks in signing a USD175-million six-year term loan for Energy development Corporation (EDC), a Philippine company engaged in exploration, development and operation of geothermal energy.
Maybank Singapore launched the Ar Rihla Regular Savings Account-i (RSA-i) for Muslims going on the Hajj. Savers with this Syariah-compliant account would be rewarded with a bonus gift (hibah) at the end of each 12-month period. q
Maybank became the first Qualifying Full Bank in Singapore to launch the new Maybank Platinum Debit Card with the NETS FlashPay feature. This allows cardholders to pay for public transport as well as small ticket items at over 12,000 retail points. In addition, customers can withdraw cash from ATMs and Singapore Post outlets, and sign for their purchases via the MasterCard network. q
