Maybank targets 13%–14% ROE by 2030 under ROAR30 strategy

It aims for a NIM of over 2.05% and a cost-to-income ratio of not more than 47%.

Maybank has unveiled its new five-year strategy, ROAR30, targeting a return of equity (ROE) of 13%-14% by 2030.

ROAR30 features three pillars: humanising financial services via value-based offerings, building business at scale to become global and regional leaders in its banking businesses, and future-proofing Maybank.

Malaysia’s largest bank by asset-size aims for a net interest margin (NIM) of over 2.05%, a cost-to-income ratio (CIR) of less than or equal to 47%, and a CASA ratio of over 41%.

In the first pillar, Maybank said that it aims to deliver “exceptional experiences to customers, impacting society positively and powering the real economy.”

In the second pillar, Maybank aims to grow four businesses: global Islamic finance, regional wealth management, regional transactions and payments bank, and regional corporate and investment bank.

In the third pillar, Maybank said that it intends to further enhance its foundation by cultivating its workforce, harnessing the full potential of technology— including data and artificial intelligence (AI)— and optimising its productivity and capital allocation.