Top 10 Banks In Malaysia 2017

List of malaysian banks as of 7 9 2018 ranking. Malaysia is one of the fastest growing economies in the region in fact the country s economic growth accelerated to 5 8 in 2017 and this year it is expected to remain strong and continue to grow at a sustained pace. Hong leong bank is listed on bursa malaysia with a market capitalization of us 8 4 billion as of september 27 2019.

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Malaysia is home to some of the largest banks by assets in southeast asia.

Top 10 banks in malaysia 2017. Maybank and cimb banks are ranked among the top 10 asean banks. Incorporated in malaysia in 1994 the bank offers islamic financial services including personal and commercial banking. Ambank group is one of the top 10 banks in malaysia with total assets of us 37 billion. Ocbc bank malaysia berhad the first singapore based islamic bank established in malaysia.

According to rhb investment bank bhd s recent research report the local banking sector is expected to deliver a 7 growth in their earnings average in 2017 compared with the previous year after experiencing three years of depressed earnings. Malaysia has 27 commercial banks 11 investment banks and 18 islamic banks. Top largest banks in malaysia. Out of them some of are top listed banks in malaysia.

With more than 40 branches it is one of largest foreign banks in the country by assets. Public bank bhd one of the leading financial services providers in malaysia established by its founder and chairman teh hong piow. Founded in 1997 following the merging of dcb bank and kwong yik bank rhb capital berhad is currently the fourth largest fully integrated financial services group in malaysia. Rm 79 47 billion 2017 hsbc bank malaysia berhad.

Malaysia s economic growth accelerated to 5 8 in the financial year 2017. Rm 79 47 billion 2017 10. Incorporated in malaysia in 1994 the bank offers islamic financial services including personal and commercial banking. Malaysia is one of the fastest growing economies in the south east asia.

A subsidiary of hsbc holdings plc hsbc bank malaysia berhad is the largest foreign owned bank in the country with a network of over 60 branches nationwide. Expects all debit cards issued in malaysia to be co branded with the local network mydebit latest by the year 2017. If you are interested in investing in local banks we have screened the top five banks in malaysia with the help of bursa market place for you. Hsbc bank malaysia berhad.

A subsidiary of hsbc holdings plc hsbc bank malaysia berhad is the largest foreign owned bank in the country with a network of over 60 branches nationwide. Today malaysia has 27 commercial banks 11 investment banks and 18. Maybank is the largest bank in the country and one of the top banks in asia with over us 150 billion in assets. In the csr territory the group s flagship programmes for children include the rhb nst spell it right challenge the rhb the star mighty minds national challenge and the students educational enrichment development.

The bank has international branches of over 2 000 as well as offices in over 20. Hlb was the first malaysian bank to enter the chinese banking sector. One of its economic progress major contributor is its innovative and growing financial sector.