FY23 Results - Investor Presentation
Focus 8 Strategy (FY21 - FY24)
Focus 8: Key initiatives and progress
The path to ROE of 10%
• FY23 ROE = 10.0%; ROTE 10.3%
Improved operating leverage
• CTI lower at 44.3% compared to
FY20 of 49.9%
Sharpening our segment play
• AmSPB Total AUM 22% YoY
• AmSPB customer base ↑ 7% YoY
• SME loans increased 30% since
FY20 (17.1% YoY, Industry: 2.2%)
•
Collaborators & Partners
~22k SME customers acquired
through Maxis Partnership (SME-in-
a-Box) since inception
AmBank-BonusLink co-branded card
payments volume 117% YoY; cards
in circulation ↑ 10% YoY
KLFW'22 customer AUM ↑ 18% vs
pre-KLFW
•
Building capital light revenues
Grew CASA balance 69% since FY20
to RM48.8bil (↑ 13.2% YoY)
Wealth Management Avg AUM
i) AmFunds: RM47.1bil (FY20: RM43.0bil)
ii) Private Banking: RM10.1bil
(FY20: RM8.4bil)
iii) Retail Wealth: RM2.3bil
(FY20: RM1.5bil)
FX revenue ↑ 24.0% YoY
Trade revenue ↑ 10.3% YoY
Ο
AARAAR
•
AmBank Digital
Payment: Among the first bank to
launch Apple Pay in Malaysia
• Mobile:
i) 1.57mil AmOnline customers
(112% YoY), FY20: 0.97mil
ii)~39k AmAccessBiz users (↑ 43%
YoY), FY20: 4.7k
Platform: 55% of all FX deals
through digital platform
Connecting people
Employee Engagement Index (EEI)
scored 86% in Malaysia
ESG
RM1.6b of green financing disbursed
•
IB launched 3 ESG funds in FY23
.
Young Talent: Hired 45 graduates in
FY23 through AmGraduate,
•
Banking partner with Pantas and
•
Am Digital Graduate and
AmApprentice programmes
Development: 114 high potential
staff completed their executive
development programmes since
FY20
•
BNM's Greening Value Chain ("GVC")
Programme
Participated in Malaysia's first carbon
credit auction
First Fl to be awarded the Energy
Management Gold Standard (EMGS)
Certification
The Digital bank
Decided against separate license
Exploring a separate business to
focus on the underserved market
through digital means
AmBank Group
FY23 Results - Investor Presentation
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