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List of Banks in Malaysia :
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Affin Bank
Affin Bank is the smallest anchor bank in Malaysia. Formerly known as Perwira
Habib Bank. This bank started growing by giving out low interest credit cards
and loans.
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Agro Bank Malaysia
Agrobank, formerly known as Bank Pertanian Malaysia) is an institution which
provides holistic financial services and banking facilities such as savings
activities, banking services, loan facilities, insurance coverage and advisory
services.It is a Government-linked-Company (GLC) under the Minister of Finance
Incorporated (MFI) with 167 branches all over 14 states of Malaysia. Focusing on
agriculture, the bank’s financing of the agricultural sector is driven by a
policy set forth by the Ministry of Agriculture and Agro-based Industries.
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Alliance Financial Group
The Alliance Financial Group (formerly Alliance Banking Group) is a banking and
financial company company in Malaysia. It incorporates the Alliance Islamic
Bank, Alliance Bank Malaysia Berhad—a leading financial institution in the
country—and the Alliance Investment Bank.
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AmBank
AMMB Holdings (MYX: 1015) (which trades as AmBank Group) is currently the fifth
largest banking group in Malaysia, with more than 200 branches and their outlets
(including subsidiaries and associates), providing individuals and businesses
with a range of financial services and products.
AmBank Group was founded in 1975 as Arab-Malaysian Development Bank, by Merchant
Banking pioneer, Hussain Najadi via his Holding company AIAK (Arab Investments
for Asia Kuwait). He brought the bank public via the Kuala Lumpur Stock Exchange
(KLSE) in 1981.
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Bank Islam Malaysia
The Bank Islam Malaysia (Bank Islam Malaysia Berhad, or BIMB) started operations
as Malaysia's first Islamic bank on July 1, 1983. BIMB was established primarily
to assist the financial needs of the country's Muslims and to further extend its
services to the whole population at large.
BIMB was set up with an initial authorized capital of RM 500 million and paid in
capital of RM 79.9 million, the bank has gradually increased its authorized and
paid-in capital to RM 2 billion and RM 563 million respectively. It was listed
on the main board of the Kuala Lumpur Stock Exchange (Bursa Malaysia Berhad) on
January 17, 1992.
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Bank Muamalat Malaysia
Bank Muamalat Malaysia Berhad started its operations on October 1, 1999 with a
combined assets and liabilities brought over from the Islamic banking windows of
the then Bank Bumiputra Malaysia Berhad, Bank of Commerce (M) Berhad and BBMB
Kewangan.
Bank Muamalat Malaysia Berhad, the second full-fledge Islamic bank to be
established in Malaysia after Bank Islam Malaysia Berhad, is poised to play its
role in providing Islamic banking products and services to Malaysians,
irrespective of race or religious beliefs, thus contributing to the development
of modern Malaysia.
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Bank Negara Malaysia
Bank Negara Malaysia or BNM is the Malaysian central bank. Its headquarters is
located in Kuala Lumpur, the capital of Malaysia, and it was established on
January 26, 1959 (as the Central Bank of Malaya or Bank Negara Tanah Melayu) to
issue currency, act as banker and adviser to the Government and regulate the
country's credit situation.
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Bank Persatuan
Koperasi Bank Persatuan Malaysia Berhad which is simply known as Bank Persatuan,
is a cooperative banking entity based in Penang, Malaysia.
Its headquarters is located at 41, 43 & 45, Jalan Selat, Taman Selat, 12000
Butterworth, Penang. Currently, Bank Persatuan has over 12 branches located
mainly in Malaysian Peninsular with a branch recently opened in Kuantan, Pahang.
Bank Persatuan is expected to open its regional office in Kuala Lumpur by 2010.
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CIMB
CIMB Group (MYX: 1023) is Malaysia's second largest financial services provider,
and fifth largest in Southeast Asia by total assets. It is owned by CIMB Group
Holdings Berhad, which is listed on Bursa Malaysia with a market capitalization
of RM46.6 billion.
CIMB Group operates as a universal bank offering a full range of financial
products and services, covering corporate and investment banking, consumer
banking, treasury, insurance and asset management. CIMB Group offers products
and services on a dual banking basis, giving customers a choice of both
conventional and Islamic solutions.
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Citibank (Malaysia)
Citibank Berhad is a licensed bank operating in Malaysia and a division of Citi
of the United States of America. The bank was incorporated in the country in
1994 but has been present since 1959.
The institution offers retail and corporate banking services.
Its headquarters is located in Citibank Tower on Jalan Ampang in Kuala Lumpur.
Previously, it operated in Medan Pasar, close to the Central Market.
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EON Bank
EON Capital Berhad is a company listed on the Main Board of Bursa Malaysia
(formerly known as the Kuala Lumpur Stock Exchange) on 23 December 2002. It is
the holding company of EON Bank Group.
EON Bank Berhad is a licensed banking and finance company operating under the
regulations of Bank Negara Malaysia under the provisions of the Banking and
Financial Institutions Act, 1989. EON Bank is principally engaged in the
provision of a comprehensive range of both conventional and Islamic banking
services and products.
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Hong Leong Bank
Hong Leong Bank (MYX: 5819) is a bank in Malaysia.
Hong Leong Bank was founded by Mr LAM Ji Chiew and began its operations in 1905
in Kuching, Sarawak under the name of Kwong Lee Mortgage & Remittance Company.
The company granted loans against the security of export commodities such as
pepper, rubber and other indigenous products. It also provided the services of
remitting money of overseas Chinese to their families in Southeast region of
China.
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HSBC Bank Malaysia
HSBC Bank Malaysia Berhad was the first foreign bank to incorporate locally in
Malaysia in 1994. It is part of the HSBC Group and is wholly owned by Hong
Kong-based The Hongkong and Shanghai Banking Corporation Limited.
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MIDF Amanah Investment Bank Berhad
MIDF’s newly formed investment bank, MIDF Amanah Investment Bank Berhad (MIDF
Investment), is an integration of four companies within MIDF’s investment
banking division namely Amanah Short Deposits Berhad, Malaysia Discounts Berhad,
MIDF Sisma Securities Sdn. Bhd. and the former Utama Merchant Bank Berhad. MIDF
Investment commenced operations as an IB on 3 January 2007 to combine the four
companies, to provide a range of investment-banking related activities, such as
financial advisory, underwriting of equities and debt instruments, treasury
activities, and equity-broking services.
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Maybank
Maybank (MYX: 1155), a trade name for Malayan Banking Berhad is the largest bank
and financial group in Malaysia, with significant banking operations in
Singapore, Indonesia and the Philippines. The bank also has large interests in
Islamic banking through Maybank Islamic Bank and insurance via its Etiqa
subsidiary. Maybank is the largest bank in Malaysia with 374 domestic branches
and 90 international branches and offices. Maybank is the second largest listed
company on the Malaysian Stock Exchange, Bursa Malaysia, with a market
capitalisation of over RM30 billion as of mid-April 2009.
In 2008, Maybank completed the acquisition of 15% in An Binh Bank (Vietnam), 20%
of Muslim Commercial Bank of Pakistan and 97.5% of Bank Internasional Indonesia
(BII). In addition, Maybank won for the second year Malaysia's Most Valuable
Brand (worth RM9.3 billion), and Deal of the Year - Insolvency & Restructuring
Deal of the Year at the 2008 ALB SE Asia Law Awards.
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OSK Holdings Berhad
OSK Holdings Berhad (OSK) (MYX: 5053) is a public company listed on the Main
Board of Bursa Malaysia Securities Berhad. Despite its public-listing status, it
is 80.76% owned by individuals with the lion's share of it owned by its CEO Ong
Leong Huat. After commencing business in 1963, the history of OSK has been
characterised by four decades of positive growth with a reasonably sound track
record despite several ownership changes. OSK has diversified away from its
stockbroking business to include investment banking activities which is carried
out under its investment bank subsidiary, OSK Investment Bank Berhad.
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Oversea-Chinese Banking Corporation
The Oversea-Chinese Banking Corporation Limited (SGX: O04) (Simplified Chinese:
华侨���行有限公司), abbreviated as OCBC Bank (华侨银行), is a publicly listed financial
services organisation with its head office in Singapore. It is one of the
largest local banks in Singapore and serves many business and retail customers,
mainly in the East Asian market.
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Public Bank
Public Bank Berhad (MYX: 1295) is a bank based in Malaysia.The Public Bank
Group's business ended the financial year 2005 on a high note with RM111.6
billion in assets, RM68.1 billion in loans and RM84.1 billion in deposits. In
terms of balance sheet size, the Public Bank Group is the third largest banking
group in Malaysia with approximately US$ 41.76 billion in total assets in
Malaysia with the lowest non-performing loan ratios.
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RHB Bank
RHB Bank Berhad (also known as the Rashid Hussein Bank) is a bank based in Kuala
Lumpur, Malaysia. It specializes in commercial banking, corporate and investment
banking and international banking services. The bank was formed after a merger
between Kwong Yik Bank and DCB Bank (Development and Commercial Bank, also
formerly known as D&C Bank), on July 1, 1997, and Sime Bank and Bank Utama
later. On March 9, 2007, the Employees Provident Fund (EPF) gained control of
the bank, after winning a bid against EON Capital and a Kuwait Finance House-led
consortium. RHB Bank is a part of RHB Capital Berhad financial conglomerate.
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Southern Bank
Southern Bank was a Malaysian bank and the ninth-largest lender while being one
of the ten anchor banks in Malaysia.
In 2006 it was bought over by Bumiputra-Commerce Holdings (BCHB). BCHB plans to
delist the bank from public listing as well as Bumiputra-Commerce and CIMB
(Investment bank division). Therefore these three banks will convert into 1
universal bank and will rename CIMB Bank.
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United Overseas Bank
United Overseas Bank Limited SGX: U11 (Simplified Chinese: 大华银行有限公司; Pinyin:
Dàhuá Yínháng Yǒuxìan Gōngsī), abbreviated as UOB (Simplified Chinese: 大华银行;
Pinyin: Dàhuá Yínháng) is a bank incorporated in Singapore. It was founded 6
August 1935 by Kuching-born Datuk Wee Kheng Chiang, father of the present United
Overseas Bank Group Chairman, Mr. Wee Cho Yaw, and a group of seven Chinese
businessmen. UOB is currently the third largest bank based in Singapore.
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