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Maybank Sustainability Report
2014
Product
Stewardship
We have an opportunity to support sustainable economies and provide
access to finance by offering innovative and unique products that can
encourage behaviour andmarket change. Virtually every economic activity
can have an impact on natural and social capital - directly or indirectly
- through the financial services supply chain. These impacts need to be
managed, but they also provide us with newbusiness opportunities.
Our Commitment to SMEs - HowMaybank is Supporting SMEs
In 2014, as part of our SME empowerment programme, we launched
Group’s Inclusiveness and Diversity Agenda (GIDA), which exceeded all
targets set, to support SMEs. That includes over RM230 million under the
Portfolio Guarantee (PG) scheme.
Our commitment to enhance access to financing for all levels of SMEs was
reflected in the PG agreement with the Credit Guarantee Corporation (CGC).
A sum of RM1 billion was set aside to provide financing to viable SMEs under
the PG schemes, a portion of which will be allocated to the Bumiputera
segment, thus making it the largest agreement of its kind to be linked
between CGC and any financial institution in Malaysia. The agreement allows
Maybank to expand its reach to more SMEs, also in sub-urban and rural areas,
where their financing needs are just as high, if not higher.
In line with Malaysia’s National Bumiputera Agenda, we focused on
supporting Malaysian entrepreneurs across the value chain. We provided
loans to Bumiputera mega project contractors and SMEs, and provided
financial literacy programmes and micro-financing for small entrepreneurs
previously outside the formal banking system. We also launched our
multi-year Bumiputera Entrepreneurial Excellence (BEE). In the first
nine months, we have provided funding in excess of RM650 million for
entrepreneurs throughout the country.
We provided further support to SMEs by partnering with the Bumiputera
Agenda Steering Unit (TERAJU) to provide RM600 million in funding to
high-performing Bumiputera SMEs. This partnership expanded the Teras
Fund to RM2.2 billion. This fund, created by TERAJU, will assist SMEs in
obtaining working capital to grow their businesses.
We also formed a partnership with the East Coast Economic Region
Development Council (ECERDC) to provide RM110 million in funding to
east coast entrepreneurs, which is expected to benefit some 2,000 micro-
and small- and medium-sized enterprises in the East Coast Economic
region and Mersing by 2015.
SME Loans Growth (Clean Loan)
In Singapore, we have set up a new Retail SME (RSME) unit to
target small businesses (annual turnover of up to RM53.6 million
and loan exposure of RM5.4 million or less) which account for
around 90% of SMEs in Singapore. Underpinned by a robust
credit scorecard model, this new business segment will serve as
a new engine of growth for Maybank Singapore. We have also
adopted new customer segmentation in Singapore to be aligned
to that of the Group. The move will complement the Branch Single
Captainship model by enabling our branch managers to seamlessly
serve both SMEs and their business owners.
7.5
2014
4.9 6.0
2012
2013
billion
RM
RM
RM
billion
billion
Through PR1MA (PR1MA Corporation Malaysia), we help support
the dreams of many young people to own their first homes.
PR1MA was established under the PR1MA Act 2012 to design,
build, and offer high quality housing for middle-income urban
residents. PR1MA homes come in various types and sizes. With
prices ranging from RM100,000 to RM400,000, members of
the community are now able to reside in strategic locations
throughout the country. PR1MA homes are offered to all
Malaysians with an average monthly household income of
RM2,500 to RM10,000.
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ancillary fees are taken care of.
þ 3URSHUW\ KROGHUV ZLOO EH DOORZHG WR öUHQW÷ WKH XQLW IRU XS WR ƊƉ
years with an option to purchase after that.
þ 0D\EDQN SURYLGHV ORDQ YDOXHV RI XS WR ƐƉƆ RI WRWDO LQFRPH
for monthly payment of the property.
þ 7KHUH DUH SODQV WR JLYH RXW VPDOOHU ORDQV IRU WKH SURSHUW\
holders, such as loans for renovation.
G4-EC8, G4-PR1, G4-PR3