Malaysia’s leading banks’ value increases 25% YoY

The market was led by Maybank which increased its value by 52% to US$5.2b.

The collective value of Malaysia’s eight leading banks increased by 25% year-on-year, reaching US$11.5b, according to a Brand Finance report.

The market was led by Maybank which increased its value by 52% to US$5.2b. It was driven by its M25+ strategy, which focused on customer-centric initiatives, digital innovation, and sustainability.

Meanwhile, CIMB grew its value by 20% to US$2.5b, attributable to robust loan growth, a strong client franchise, and solid trading income.

Further, RHB Bank also increased its brand value by 15% to US$916m due to a significant increase in both net fund-based and non-fund-based income.

Standing as the sole fully Islamic Malaysian bank, Bank Islam experienced growth driven by a rise in investment securities, as well as an increase in consumer and commercial financing.

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