Leveraging on the Group’s strength and presence in ASEAN and key financial centres, Maybank Private Wealth has strategically expanded its business footprint aggressively across ASEAN and beyond. With three onshore booking centres firmly established in Singapore, Malaysia and Hong Kong, it offers HNW clients across the region direct access to regional and global investment opportunities. This has enabled Private Wealth to attract HNW clients from all 10 ASEAN countries with its Universal Banking proposition, on-board clients from the wider Maybank Group and through advancing clients along the wealth continuum.
Maybank continues its leadership in the Islamic Private Banking space through Maybank Islamic Bank, the largest Islamic Bank in ASEAN & Malaysia and one of the top Islamic Banks globally with total assets of US$50 billion. Moving ahead, Maybank Private Wealth aims to grow and establish future presence across the Asian region and Middle East by reaching out to service clients with a full suite of Islamic wealth management solutions.
Sustainable investing have gathered pace in recent years and will continue to grow as a crucial investment strategy in wealth management. [AL1] Maybank Private looks to contribute towards the Group’s sustainability goals by building depth in its suite of ESG-themed investments & solutions that are aligned to clients’ investing goals.
The Group’s four main sustainability goals, which will help it grow and be ready for the low carbon economy of the future, are to:
Mobilise RM50bn[AL1] (US$11bn) in sustainable finance by 2025.
Improve the lives of one million households across ASEAN by 2025.
Be carbon neutral by 2030 & achieve a net zero carbon position by 2050.
Deliver 1,000 SDG-related outcomes by 2025 and improve the sustainability of its operations by a metric of one million hours a year of green ops by 2025.