Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | http://www.maybank.com |
Headquarters |
Malayan Banking Berhad Level 14, Menara Maybank 100 Jalan Tun Perak
50050 Kuala Lumpur
Malaysia
|
CEO/chair |
Dato’ Khairussaleh Ramli CEO |
Supervisor | |
Ownership |
listed on Bursa Malaysia
Maybank's largest shareholder is Permodalan Nasional Berhad (44.0%), a large Malaysian fund management firm. The bank's complete shareholder structure can be accessed here. |
Maybank (Malayan Banking Berhad), founded in 1960, is the largest provider of financial services in Malaysia and has major operations throughout South East Asia. The bank provides services such as insurance, asset management, stock broking, nominee services, venture capital, leasing, and Internet banking.
Maybank's most important sustainability commitments can be found at the website sections listed below.
Links
Maybank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Maybank's link to these deals.
Maybank does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance.
This page evaluates Maybank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Maybank’s fossil fuel policy below.
Banks and Human Rights
BankTrack assessed Maybank in its 2022 Human Rights Benchmark Asia, where it achieved 1 point out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.