Maybank among world's top 100 banks

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has been ranked among the world’s top 100 banks, according to The Banker, a monthly financial publication based in the United Kingdom.

The magazine had ranked the largest commercial bank in Malaysia at 95th position at its latest top 1,000 banks in the world.

The bank was placed first in Malaysia’s ranking, followed by Public Bank at second spot and CIMB Group at third placing.

As of December 2012, Maybank had US$12.61bil (RM40.89bil) of tier-1 capital, while the size of its assets was US$161.83bil (RM524.85bil), placing it on 120th in the world.

The publication said Maybank recorded a pre-tax profits of US$2.58bil (RM8.37bil), while its capital assets ratio was 7.97%, the 446th among 1,000 banks. — Bernama