Malayan Banking Berhad (Maybank), the largest bank in Malaysia by market capitalisation, has received PwC’s Building Trust Awards 2019, recognising its efforts in building stakeholder trust. The bank also received a special mention for its excellence in the “Integrated Reporting framework” benchmark analysis.
The awards which were started in the year 2015 are currently in their third edition. These awards are the first in Malaysia that measure trust, beyond the financials of companies being assessed and do not accept nominations or submissions.
In this edition of the awards, PwC assessed 50 of the largest companies on the Bursa Malaysia Stock Exchange by market capitalisation. The companies’ latest available annual reports as in June 2018, were then benchmarked against the International Integrated Reporting Council’s “Integrated Reporting framework”. This was followed by data analysis of publicly available digital conversations and an online poll involving the Malaysian public.