Maybank (Malayan Banking Berhad 1155) 65th Annual General Meeting 2025 🐅 | Hybrid AGM Overview

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 Humanising Financial Services


Malayan Banking Berhad (Maybank) [Stock Code: 1155] held its 65th Annual General Meeting (AGM) using a hybrid model in 2025. This setup allows shareholders the flexibility to attend either physically or virtually, reflecting Maybank’s ongoing commitment to digital transformation while promoting inclusivity and accessibility for all stakeholders. 

A hybrid AGM model is a format for an Annual General Meeting that allows participants to attend either physically at a designated venue or virtually through an online platform. This approach provides flexibility, improves accessibility for shareholders regardless of location, and supports broader participation while still maintaining the formal requirements of a traditional in-person meeting.


The physical meeting took place at the Ballroom, Level 3 of the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur. To make it more convenient for attendees, Maybank provided a complimentary shuttle bus service from the Semantan MRT station to the MITEC venue.





As with past physical AGM venues, the Maybank team took the opportunity to set up engaging marketing booths at the event, maximizing brand presence and interaction with attendees.




Shareholders were treated to a generous Malaysia themed breakfast pack before the meeting commenced. The pack included roti jala, roti canai, fried chicken, prawn rendang, potato curry, and a bottle of juice.


Tan Sri Zamzam, the Maybank chairman was the host of the meeting. In case he looks familiar, Tan Sri was formerly CEO of TM previously. During the session, Maybank’s CEO, Datuk Khairussaleh Ramli, presented the company’s financial performance and report.


Record Profits and Income

Net profit exceeded RM10 billion mark for the first time, reaching RM10.09 billion (up 7.9% YoY)
Net operating income grew 8.1% to an all-time high of RM29.57 billion
Net fund based income increased 2.0% to RM19.69 billion
Non-interest income rose 22.6% to RM9.88 billion

Strong Growth Metrics

Total loans grew 5.3% YoY to RM674.97 billion
Deposits increased 6.5% YoY to RM741.90 billion
CASA (Current Account Savings Account) grew 5.5%
Return on Equity (ROE) reached 11.1%, highest since 2019

Improved Asset Quality

Net Credit Charge (NCC) improved to 26 basis points
Gross Impaired Loans (GIL) ratio decreased to 1.23% (from 1.34% in FY2023)
Loan loss coverage improved to 126.9%

Shareholder Returns

Highest dividend payout of RM7.36 billion
Dividend per share of 61.0 sen (full cash)
Total Shareholder Returns of 22.13% (highest since 2018)
Market capitalization grew 15.2% YoY to RM123.57 billion
Share price appreciated to RM10.24 (from RM8.89 in 2023)

Cost Management

Overhead expenses increased 8.0% YoY to RM14.46 billion
Cost increase slowed compared to 11.8% in FY2023
Cost to Income Ratio stable at 48.9%
Achieved positive JAWs as income growth surpassed cost increases

Capital Position

Maintained robust capital and liquidity levels
CET1 (Common Equity Tier 1) ratio at 14.90%
Total Capital Ratio at 18.04%
Liquidity Coverage Ratio at 134.0%
Loan-to-Deposit Ratio at 90.7%




AGM attendees received a free RM50 Watsons shopping voucher this year, replacing the previous Lotus’s Hypermarket (formerly Tesco) vouchers. The change comes after shareholder feedback, especially from Sabah and Sarawak, where Lotus’s outlets are unavailable making the Watsons voucher a more inclusive choice although peninsular Malaysia shareholders prefer Lotus shopping vouchers. 

Maybank’s AGMs have long been among the most anticipated by investors. Shareholders are typically well taken care of, the events are well-organized, and most importantly, Maybank remains a profitable and well-managed institution.


I've shared my insights on Maybank's 2024 Virtual AGM in a previous blog post. Check it out here:

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