- In efforts to enable affordable financial solutions to the community -

Maybank pledges RM8.0 billion to support first-time homebuyers this year at the Minggu Saham Amanah Malaysia 2024 (MSAM'24). This initiative is particularly for those seeking affordable homes priced up to RM500,000, through the holistic Maybank Home Ownership scheme. Its main goal is to empower Malaysians achieve their aspirations of owning their first home and build a stronger financial future by providing accessible and affordable financial solutions for everyone.

Maybank's Home Ownership scheme provides financing assistance up to a 120% financing which includes property costs and the costs for renovation, furnishings, stamp duties, legal and valuation fees. The comprehensive Home Ownership scheme is designed along Maybank's myimpact drive to provide comprehensive financing and beyond financing solutions for all customer segments to uplift the communities in the region. This proposition also aligns with the government's efforts to increase housing affordability and accessibility for the community. Over the past five years, Maybank has disbursed close to RM40 billion of affordable home financing of up to RM500,000 for nearly 150,000 customers.

Syed Ahmad Taufik Albar, Group CEO, Maybank Community Financial Services said that Maybank is excited to participate in MSAM'24 with the theme 'Uplift Your Life'. The Bank believes that by providing accessible home ownership solutions, financial education and supporting local businesses, it can enrich the community by providing the tools they need to succeed. This is part of Maybank's myimpact drive to commit the creation of positive and sustainable future for all. Meanwhile, the Bank is projecting a 40% sales increase compared to previous years. Last year's MSAM in Penang, saw around RM32 million in sales for various products and services.

Dato' Seri Anwar Ibrahim, Prime Minister of Malaysia visiting the Maybank booth during the launch of the Minggu Saham Amanah Malaysia 2024 (MSAM '24) in Setia Alam. The Prime Minister was flanked by Dato' Khairussaleh Ramli - President & Group Chief Executive Officer of Maybank (L) and Raja Tan Sri Dato' Seri Arshad Raja Tun Uda – Group Chairman of PNB (R) together with senior executive members of Maybank and PNB.

"Maybank's contribution to the government's Skim Jaminan Kredit Perumahan (SJKP) financing has further eased the financial burden for first-time homebuyers, with minimal upfront costs and absorbed administrative and legal fees. We are duly recognised for this, when we were named the top financial institution with the most SJKP financing disbursed between 2022 to 2023 from Prokhas. For this year, we have approved RM1.7 billion financing for more than 6,500 homes from the scheme alone, and will continue to support our customers with affordable home financing," added Taufik Albar.

Engaging Experiences and Exclusive Offers at MSAM'24

Maybank's booth at MSAM'24 offers a comprehensive experience, combining financial education with exciting promotions. In continuing the Bank's myimpact commitment for enhancing financial literacy for everyone, visitors can learn about essential financial concepts, including savings, investment, and insurance through interactive and engaging activities.

Visitors to the Maybank booth can not only expect exclusive deals, preferential rates and exciting prizes; but also experiential activations to pique the interests for savings, investments and others. Visitors can guess the weight of gold, "drive" to save on insurance for rebates, or 'Choose Your Card Personality' photo booth and more. Additionally, visitors can open or top up the ZEST-i or Maybank Islamic Gold Account (MIGA-i) accounts with a minimum of RM100 to win prizes of up to RM115,000 including a Perodua Ativa and daily prizes of up to RM10,000 for the 'Labur RM100 & Menang Kereta' campaign during the 4-day event. This is in addition to other attractive prizes such as RM1,888 worth of gold credited into MIGA-i accounts and household electrical items.

Maybank further commits to supporting local businesses to create a positive economic and social impact with MAE-dan Selera offering visitors various culinary delights from local food entrepreneurs, including Maybank Foundation's R.I.S.E entrepreneurs (Reach Independence & Sustainable Entrepreneurship). All food trucks accept QR payments, making transactions seamless and convenient. The first 3,000 transactions with Scan & Pay on the MAE app are able to receive a RM3 discount with the code MAEMSAM3 with minimum spend of RM10, limited to two transactions per customer during MSAM'24.

For more information on Maybank's participation at the MSAM'24, please visit: .