RHB Bank
Encyclopedia
RHB Bank Berhad 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.http://thestar.com.my/news/story.asp?file=/2007/3/9/nation/17093884&sec=nation RHB Bank is a part of RHB Capital Berhad financial conglomerate.
RHB Bank was the third largest bank in Malaysia, with 200 offices in Malaysia and the region (as of 2002). The bank was also named the "Best Domestic Bank" by both Finance Asia and Euromoney
in 1997.
Of origin, RHB Bank (Swift Code:RHBBMYKLXXX) was commonly known as Sime Darby Bank and prior to that the United Malayan Banking Corporation, an UMNO associated bank. RHB Bank specialises in consumer banking with other entities like RHB Islamic Bank,Delta Finance to its name. RHB Bank is a commercial bank focusing on industrial and commercial lending in Singapore, despite it being a fully qualified bank.
Other products includes debit mastercard i-Cash and i-Connect along with SenQ debit mastercard electronic.
Kuala Lumpur
Kuala Lumpur is the capital and the second largest city in Malaysia by population. The city proper, making up an area of , has a population of 1.4 million as of 2010. Greater Kuala Lumpur, also known as the Klang Valley, is an urban agglomeration of 7.2 million...
, 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
Employees Provident Fund
The Employees Provident Fund also known Malay as Kumpulan Wang Simpanan Pekerja is a Malaysian government agency under the Ministry of Finance. It manages the compulsory savings plan and retirement planning for legally employed workers in Malaysia...
(EPF) gained control of the bank, after winning a bid against EON Capital and a Kuwait Finance House-led consortium.http://thestar.com.my/news/story.asp?file=/2007/3/9/nation/17093884&sec=nation RHB Bank is a part of RHB Capital Berhad financial conglomerate.
RHB Bank was the third largest bank in Malaysia, with 200 offices in Malaysia and the region (as of 2002). The bank was also named the "Best Domestic Bank" by both Finance Asia and Euromoney
Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is one of Europe's largest business and financial magazine publishers which has interests in financial publishing and event organization. It is a constituent of the FTSE 250 Index...
in 1997.
Of origin, RHB Bank (Swift Code:RHBBMYKLXXX) was commonly known as Sime Darby Bank and prior to that the United Malayan Banking Corporation, an UMNO associated bank. RHB Bank specialises in consumer banking with other entities like RHB Islamic Bank,Delta Finance to its name. RHB Bank is a commercial bank focusing on industrial and commercial lending in Singapore, despite it being a fully qualified bank.
Other products includes debit mastercard i-Cash and i-Connect along with SenQ debit mastercard electronic.