Bank Practice and Management inclusive of ratios and graphs Essay

coin bank get along and Management inclusive of ratios and graphs - Essay ExampleThe main objective of the bank during its incorporation was to support the harvest-festival of Malaya that had just gained independence by financing economic development and offering modern monetary run to the people (Maybank 8). Over the decades, Maybank has continued with expansion and embraced innovation by offering diverse products to its customers and supporting Malayan citizens who invested or were trading abroad. Presently, Maybank has emerged as the largest company based on market capitalization in the Bursa Malaysia and is likewise identified as a leading bank in the region. The bank is currently guided by its mission of offering humanising financial service across and its well articulated vision of becoming a leader in offering financial services in the region (Maybank 10). Overview of the Bank Activities Maybank offers a locate of financial products including commercial banking, stock b roking, investment banking, Islamic banking, trustee services, asset management and insurance. The banking group has some(prenominal) subsidiaries. The Malayan Banking Berhad is the listed entity and holding company of Maybank Group. Mayan Banking Berhad has branches in Malaysia, London, Singapore, New York, Bahrain and Hong Kong. Some of the international unit subsidiaries of Maybank include PT Bank Internasional Indonesia TBK (BII), Maybank Philippines Inc., and Maybank International L (Ltd) (Maybank 34). Furthermore, the major subsidiaries of the banking group ar Maybank Islamic Berhad, Maybank Investment Bank Berhad and Etiqa damages Berhad. Maybank Investment Bank Berhad is fully possess subsidiary of the group and is the main investment branch of Maybank. Kim Eng Holdings Ltd is alike wholly owned subsidiary of Maybank and is the regional securities powerhouse. Maybank Islamic Berhad is the biggest provider of Islamic financial services throughout the Asian Pacific region . The 100 percent owned subsidiary owned by Maybank is the seventeenth Islamic banking institution in term of compliance to Shariah assets (Maybank 55). Tbk is 97 percent owned by Maybank and offers financial services such as Consumer and Corporate Banking and SME/Commercial services. The associate companies of Maybank Group are the MCB Bank in Pakistan and An Binh Bank in Vietnam both of which the group has 20 percent stake. The group corporate expression of Maybank is subdivided into four main areas, that is, commercial banking insurance and investment banking. The commercial banking includes various subsidiaries of the bank either owned wholly or partly. Additionally the investment banking section consist subsidiaries such as Maybank Investment Bank, Maybank IB Holdings SDN among another(prenominal) ventures. The insurance section includes all the subsidiaries that offer insurance services to customers. When it comes to the organizational structure, Maybank is headed by a circ uit card of directors which is then supported in its activities by the Chief Audit Executive, Head of Compliance and the General instruction and Company Secretary (Maybank 85). The next in the hierarchy is the president assisted by several deputies. The deputies are in charge of Community financial services, global wholesale banking and group financial services. Maybank Group has develop several strategic objectives to be achieved by 2015. These goals include becoming the number one retail financial