Awards for Distinction 2022 – Best Private Bank – Malaysia

Best Private Bank Malaysia

 

Maybank Private Malaysia

Best Private Bank – Malaysia

Lim Eng Ping

head of Maybank Private Malaysia

We are honoured to be named the Best Private Bank – Malaysia for the fourth consecutive year. It is a momentous recognition for Maybank whose deep capability and commitment to deliver highly personalised experience to clients — in line with its M25+ strategy — is reflective of the trust that clients place in the bank to manage and grow their wealth, and to solidify the needs of the future generations.

What was behind the judges’ decision?

  • Despite tough underlying market conditions during the period under consideration, Maybank Private demonstrated a resolute business performance on metrics such as AUM, revenue and client count
  • The bank formulated and executed a strategy to better utilise the capabilities of the Maybank group, including sourcing HNW clients from retail and corporate banking, as well as sourcing clients from the second and third generations of wealth
  • Maybank Private enhanced its digital capabilities, with key developments in content for its Maybank Wealth app across asset classes — such as equity, funds and structured products — as well as increased client engagement through video conferencing tools

What we said

As Malaysia’s largest bank by market capitalisation, the expectations for Maybank to deliver a second-to-none private banking experience are high. Fortunately, the Kuala Lumpur-based lender has delivered once again on all counts. At the 12th Awards for Distinction, Asian Private Banker’s judging panel was deeply impressed by Maybank Private’s sophisticated wealth solutions for both onshore and offshore clients, as well as its unrelenting focus on customer-centricity, said Carly Lau, reporter, Asian Private Banker and member of the Awards for Distinction judging panel.

Asian Private Banker congratulates everyone at Maybank Private for their continued success in the category for Best Private Bank – Malaysia.

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