# Maybank Malaysia

> Source: https://docs.barcoder.ai/docs/wallets/maybank-malaysia
> research date 2026-05-31 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Maybank Malaysia — official](https://www.maybank2u.com.my/)

## Key details

- **Parent:** assets

## Overview

**Maybank Malaysia** is **KLSE: MAYBANK** + **Malaysia's largest commercial bank by assets** + **PNB Permodalan Nasional Berhad Malaysian sovereign wealth fund ~46%+ + EPF Employees Provident Fund ~12%+ controlling** + **Southeast Asia's #4 banking group by assets** + **~16M+ Malaysian retail customers + 20+ countries operations** <sup>[1][1], [Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup>.

## History

**May 31 1960 — Malayan Banking Berhad Maybank founded by Khoo Teck Puat in Kuala Lumpur** distinctive Malaysian banking heritage.

**1962 — Maybank KLSE IPO**.

**2010 — Maybank2u MY mobile banking app launch**.

**2017 — MAE by Maybank launch as Malaysian P2P mobile wallet integrated within Maybank2u + DuitNow QR support**.

## Ownership & operator

**Operating entity**: **Malayan Banking Berhad Maybank** (Malaysia's largest commercial bank by assets; KLSE: MAYBANK).

**Major shareholders**: **PNB Permodalan Nasional Berhad (Malaysian sovereign wealth fund) ~46%+ controlling + EPF Employees Provident Fund (Malaysian pension fund) ~12%+ + Malaysian retail + institutional + foreign investors free float**.

**Regulators**: **BNM Malaysia + national regulators across 20+ countries**.

## Technical integration

Maybank2u MY mobile app (iOS + Android; ~16M+ Malaysian retail customers) + maybank2u.com.my online + Maybank Malaysia branch network across Malaysia + Singapore + Indonesia + Philippines + 20+ countries + Maybank Visa + Mastercard + UnionPay cards + MAE by Maybank P2P mobile wallet; MY IBAN + DuitNow + DuitNow QR + RENTAS Real-time Electronic Transfer of Funds and Securities System.

## Implementations & partners

**Maybank subsidiaries**: [MAE (Maybank E-Wallet)](https://docs.barcoder.ai/docs/wallets/mae-maybank) (MAE by Maybank Malaysian P2P mobile wallet integrated within Maybank2u) + [Maybank Singapore](https://docs.barcoder.ai/docs/wallets/maybank-singapore) (Maybank Singapore; Malayan Banking Berhad Singaporean subsidiary) + Maybank Philippines (Maybank Philippines; Malayan Banking Berhad Philippines subsidiary) + [Maybank Indonesia / M2U ID App](https://docs.barcoder.ai/docs/wallets/maybank-indonesia) (Maybank Indonesia formerly BII Bank Internasional Indonesia; Malayan Banking Berhad Indonesian subsidiary).

**Major Malaysian banking + payments competitors**: [CIMB Bank](https://docs.barcoder.ai/docs/wallets/cimb-bank) (CIMB Bank Berhad; KLSE: CIMB; Malaysia's #2 commercial bank by assets; ASEAN-focused universal banking group) + [Public Bank Berhad / MyPB](https://docs.barcoder.ai/docs/wallets/public-bank) (Public Bank Berhad; KLSE: PBBANK; Malaysia's #3 commercial bank by assets) + [RHB Bank Malaysia / RHB Mobile Banking](https://docs.barcoder.ai/docs/wallets/rhb-bank) (RHB Bank Berhad; KLSE: RHBBANK; Malaysian commercial bank) + [Hong Leong Bank Malaysia / HLB Connect](https://docs.barcoder.ai/docs/wallets/hong-leong-bank) (Hong Leong Bank Berhad; KLSE: HLBANK; Quek Leng Chan Hong Leong Group Malaysian conglomerate parent) + [AmBank](https://docs.barcoder.ai/docs/wallets/ambank) (AmBank; KLSE: AMBANK; Malaysian commercial bank) + [Bank Islam Malaysia](https://docs.barcoder.ai/docs/wallets/bank-islam-malaysia) (Bank Islam Malaysia; KLSE: BIMB; Malaysia's first Islamic bank) + [Touch 'n Go eWallet](https://docs.barcoder.ai/docs/wallets/touch-n-go) (Touch 'n Go eWallet Malaysian super-app wallet; Touch 'n Go + Ant Group JV; ~22M+ Malaysian users) + [GrabPay](https://docs.barcoder.ai/docs/wallets/grabpay) (GrabPay Malaysia; Grab Malaysian mobile wallet) + [Boost Malaysia](https://docs.barcoder.ai/docs/wallets/boost-malaysia) (Boost Malaysia; Axiata Malaysian mobile wallet) + BigPay (BigPay Malaysia; AirAsia Malaysian mobile wallet + prepaid card).

**Regulators**: BNM Malaysia + national regulators across 20+ countries.

## Status

**Active, KLSE:MAYBANK + Malaysia's largest commercial bank by assets + PNB + EPF Malaysian sovereign wealth + pension fund controlling + Southeast Asia's #4 banking group by assets + ~16M+ Malaysian retail customers + 20+ countries operations** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.maybank2u.com.my/ "Maybank Malaysia — official"
[2]: https://en.wikipedia.org/wiki/Maybank "Maybank — Wikipedia"
[my-cro]: https://docs.barcoder.ai/docs/payments/MY

- [1] [Maybank Malaysia — official][1]
- [2] [Maybank — Wikipedia][2]
- <sup>[Malaysia report](https://docs.barcoder.ai/docs/payments/MY)</sup> In-corpus: `reports/countries/MY-malaysia.md`

## Source

Biography extracted from [maybank-malaysia.md](https://docs.barcoder.ai/source/wallets/maybank-malaysia). See `matrix.md` for standards-support matrix if present.
