Banks in Malaysia

Maybank (Malayan Banking Berhad) is a financial group and network of banks in Malaysia, with significant banking operations in Singapore, Indonesia, and the Philippines.

CIMB is the second largest financial services provider in the country. It is listed on Bursa Malaysia through the Bumiputra-Commerce Holdings Berhad (BCHB).

Hong Leong Bank is one of the largest financial groups in the country. It was founded in 1905 by Mr. Lam Ji Chiew and began operations in Kuching, Sarawak under the name of Kwong Lee Mortgage & Remittance Company, which has offered loans on the security of export commodities such as pepper, rubber, and other products.

AmBank Group is the fifth largest banking group in the country, with more than 200 branches and outlets, including subsidiaries and affiliate companies, through which it offers individuals and companies a complete range of financial services and products.

Being a part of British-based HSBC Group, the bank has started operations in Malaysia in 1994.

Being a branch of the US-based Citigroup, Citibank Malaysia Berhad offers retail and corporate banking services in the local market. The company was founded in 1959 and is listed on the Kuala Lumpur Stock Exchange since 1994.

Affin Bank has started operations in January 2001 after the merger between the two banks, Perwira Affin Bank Berhad and BSN Commercial Berhad in August 2000. To date, the bank maintains 82 branches in Malaysia.

RHB Bank Berhad (also known as Rashid Hussein Bank) is a bank based in Kuala Lumpur, Malaysia. It specializes in commercial, corporate, investment and international banking services. 

United Overseas Bank (Malaysia) Bhd (UOB Malaysia) was incorporated in 1993 but has had a presence in Malaysia since 1951. UOB Malaysia is rated among the top banks in Malaysia with a long-term ‘AAA’ rating from Ratings Agency Malaysia.

Alliance Bank Malaysia Berhad is the country’s largest banking group offering for the past five decades a full range of banking and financial solutions to its clients in Malaysia.

Kuwait Finance House (Malaysia) Berhad (KFH Malaysia) is the first foreign Islamic bank that was granted a license under the Islamic Banking Act (Malaysia) 1983 on 8 May 2005. KFH Malaysia commenced Branch Operations on 8 August 2005.

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization,

OCBC Bank offers a comprehensive range of innovative financial solutions in consumer banking, business banking, international banking, global treasury and investment management. In addition, the OCBC Group has diverse subsidiaries that are involved in insurance, financial futures, regional stockbroking, trustee, nominee and custodian services, property development and hotel management.

Asia and Oceania account for 60% of the world’s population today, making this region an important market with growing financial potential. The region also houses a diverse set of cultures and traditions that require a sensitive approach.

The Bank of Tokyo established its first representative office in the then-Malaya in 1957. The office obtained a banking license in 1959, making it the first Japanese bank to provide a full range of banking services in the country. In 1994, the Bank of Tokyo (Malaysia) Berhad office was locally incorporated and became a wholly owned subsidiary of The Bank of Tokyo in Japan.

JPMorgan began serving commercial bank clients in Malaysia in 1964. Its’ range of products and services now include investment banking, research, trading and treasury and securities services. Its’ commitment to developing their business in Malaysia has allowed it to become a leader among foreign banks in the country.

Industrial and Commercial Bank of China Malaysia is a wholly owned subsidiary of Industrial and Commercial Bank of China Limited having its registered office at Level 10, Menara Maxis, Kuala Lumpur City Center, 50088 Kuala Lumpur. It was incorporated on 28 January, 2010 and officially commenced its business on 28 April, 2010.

India International Bank (Malaysia) Berhad (IIBM) is a locally incorporated joint venture between 3 of India’s largest government owned financial institution namely

Deutsche Bank first established a presence in Kuala Lumpur in 1967. Today, it has  offices in Kuala Lumpur and Labuan.

Scotiabank is Canada’s international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific.

China Construction Bank (Malaysia) Berhad (“CCBM”) has, on 1 October 2016, received its company incorporation approval from Companies Commission of Malaysia, being the first subsidiary of China Construction Bank Corporation (“CCBC”) in Malaysia. CCBM is also the 30th tier-1 overseas subsidiary of CCBC.

Bank of China established its first branch in Malaysia in 1939 and subsequently ceased operations in 1959.  With the rapid economic and trade development between Malaysia and China, together with the supports of the two Governments, Bank of China (Malaysia) Berhad officially recommenced business as a full-fledged commercial bank on 23rd February 2001.

Bank of America Malaysia Berhad (Company No. 310983-V) is a commercial bank that is licensed to provide working capital, cash management, trade finance services, fixed income and foreign exchange trading and leasing and funding services to corporate clients and financial institutions

Bangkok Bank Limited, Kuala Lumpur Branch opened its door for business on 23 January 1959 offering a full range of commercial banking services.

BNP Paribas established its presence in Malaysia with a representative office in 1973 and expanded its operations with the opening of its off-shore banking branch in Labuan in 1993. In 2010, BNP Paribas was granted a full banking license, which enabled the setting-up of its locally incorporated subsidiary, BNP Paribas Malaysia Berhad.

Prokhas Sdn Bhd is a private limited company wholly-owned by Minister of Finance, Incorporated initially established to manage the residual assets of Danaharta after it closed its chapter on 31 December 2005.

In 2011, Malayan Banking Berhad (“Maybank”) made a strategic move to accelerate the growth of its investment banking and equities platform in the region by acquiring Kim Eng Holdings Limited (“Kim Eng”).

Standard Chartered Saadiq Berhad, the Bank’s Islamic Banking subsidiary – the first and only in the group’s network was established in November 2008.They offer a wide range of products and services that comply with the Shariah principles that govern Islamic banking and finance

Being a part of the Standard Chartered Group, this bank opened its first branch in Malaysia in 1875.

Bank Muamalat Indonesia (BMI) is a commercial bank in Indonesia operating on the principles of Islamic banking. The bank was founded in 1991, based on the initiative of the Indonesian Council of Ulamas (MUI) and under the auspices of the Government of Indonesia. Operations began in 1992. 

Alliance Investment Bank Berhad (AIBB) is the investment banking arm of Alliance Bank Malaysia Berhad (ABMB), a dynamic, integrated listed Malaysian financial services group comprising Alliance Islamic Bank Berhad (AIS).

RHB Investment Bank Berhad is a wholly owned subsidiary of RHB Capital Berhad, a listed company in Bursa Malaysia (the Stock Exchange of Malaysia) with a market capitalization in excess of US$6.3 billion and shareholders’ equity of US$5.0 billion.

PIVB as an entity emerged after the completion of a rationalisation scheme between Public Merchant Bank Berhad (PMBB) and PB Securities Sdn Bhd, both of which were members of the Public Bank Group.

MIDF Amanah Investment Bank (MIDF Investment), commenced operations in January 2007. It is a wholly- owned subsidiary of Malaysian Industrial Development Finance, which in turn is wholly-owned by Permodalan Nasional (PNB), the national investment trust company.

KAF Investment Bank Berhad (previously known as KAF Discounts Berhad) was established in 1975 and is a leading investment bank in Malaysia with a strong reputation in the dealing with money market instruments and trading in debt securities. We are active in providing capital market advisory services

Hong Leong Investment Bank Berhad is a wholly-owned subsidiary of Hong Leong Capital Berhad, which is listed on the main board of Bursa Malaysia.Hong Leong Investment Bank consists of two main pillars namely the Investment Banking Division and the Stockbroking Division.

CIMB Investment Bank is the investment banking arm of CIMB Group with offices in Malaysia, Singapore, Indonesia, China (Hong Kong and Shanghai), Thailand, Australia, Korea, India, the United Kingdom, the United States, Sri Lanka, and Myanmar.

Established for more than 45 years, Kenanga Investment Bank Berhad is a financial group in Malaysia with extensive experience in equity broking, investment banking, treasury, Islamic banking, listed derivatives, investment management, wealth management, structured lending and trade financing.

Affin Hwang Capital is a capital markets group. Bringing together the history of two leading and long-established Malaysian firms – Affin Investment Bank and HwangDBS, their business is organised around three principal business areas: Investment Banking (including Treasury & Markets), Securities (including Research) and Asset Management.

Amnvestment Bank offers a full range of investment banking solutions and services, encompassing equities, corporate finance, debt markets and broking service.

Public Islamic Bank a wholly owned subsidiary of Public Bank, commenced its operations on 1 November 2008. Since 1993, Public Islamic Bank has been offering Islamic banking products and services to the public when it started as a window via Public Bank,

Established in 2005, RHB Islamic Bank Berhad is the first full-fledged Malaysian Islamic bank that has matured from an Islamic banking window operations.

Maybank Islamic Berhad, a subsidiary of Maybank is the largest Islamic banking player in the Asia Pacific region. It aims to meet the challenging developments in the Islamic Banking world and will certainly meet Islamic financial needs with its wide range of products and services.

OCBC Al-Amin Bank Bhd provides Islamic banking products and services. The Bank offers debit cards, deposits, financing, treasury, and investment management services. OCBC Al-Amin Bank serves customers in Malaysia.

HSBC Amanah Malaysia Berhad provides banking services. The Bank offers saving accounts, payments, cards, asset management, investment, digital, and islamic banking services. HSBC Amanah serves clients in Malaysia and Saudi Arabia.

Hong Leong Islamic Bank Berhad (HLISB), a wholly-owned subsidiary of Hong Leong Bank (HLB), which in turn forms an integral part of the larger Hong Leong Financial Group.

CIMB Islamic is the Group’s Islamic banking and financial services franchise, with an extensive suite of innovative Shariah compliant products and services. It operates in parallel with the Group’s universal banking platform.

Bank Islam Malaysia Berhad is an Islamic bank based in Malaysia that has been in operation since July 1983. Bank Islam was established primarily to assist the financial needs of the country’s Muslim population, and extended its services to the broader population. The bank currently provides Shariah-compliant card services and mobile banking.

MBSB Bank Berhad, a full-fledged Islamic Bank was incorporated on 28 November 2005 and is a wholly owned subsidiary of Malaysia Building Society Berhad.

A subsidiary of Alliance Bank Malaysia Berhad (ABMB), Alliance Islamic Bank Berhad (AIS) is well-positioned to tap the huge potential in the Islamic banking industry in Malaysia. AIS, with its holistic banking scope, focuses on consumer banking, commercial banking and SMEs to grow the business.

AmBank Group offers Islamic banking, Islamic fund management, family takaful and Islamic capital market solutions to customers.

Bank Muamalat Malaysia Berhad started its operations on 1 October 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.

Affin Islamic Bank Berhad (AFFIN ISLAMIC) is a wholly-owned subsidiary of Affin Bank Berhad (AFFINBANK) and was incorporated on 13 September 2005 and officially operates as a standalone Islamic bank with effect from 1 April 2006.

Backed by its established operations in the Middle East, Al Rajhi Bank made its maiden foray into the international banking market by setting up its first overseas operations in Malaysia in October 2006.

Owned by the Public Bank Group, the third largest banking group in the region. It is one of the biggest country’s banks with about $ 41.76 billion in total assets.

A special-purpose vehicle established by Bank Negara Malaysia for Bumiputera small and medium enterprises and to undertake the role of a one-stop centre on Bumiputera financing issues.