Background of Rhb Bank

Background of RHB Bank

RHB Bank started its banking group from a humble beginning which is in year 1997 to a world well-known banking group until nowadays. Rashid Hussain-the people who secures a broker’s license and sets up Rashid Hussain Securities Sdn Bhd in the year 1983. Rashid Hussain was holding 75% stake in Kwong Yik Bank Berhad in year 1996, this lead to the the merging of Kwong Yik Bank Berhad with Development and Commercial Bank (DCB Bank Berhad) and ultimately led to the form of RHB Banking Group in year 1997.The merging of these two banks lead to a larger turning point for RHB Bank Berhad to become the third largest integrated financial services group in Malaysia. To establish RHB Banking Group, RHB Bank Berhad was developed a good alliance and merger with other banks such as Sime Bank Berhad (UMBC Bank)- the first commercial bank established in an independent Malaya(1999) and Utama Banking Group (UBG)-a licensed commercial bank (2003). In year 2005, RHB Islamic Bank Berhad was formed when they receive a license for their Islamic Banking arm. RHB Bank operates smoothly by holding tightly with their vision which is to be among the top three financial institutions in ASEAN by the year 2020. Furthermore, RHB Bank has fix up a set core values for their employees which are customer focus, teamwork, respect, innovation and quality service in order to achieve RHB Bank’s vision.

Background of Maybank Investment Bank Berhad

Maybank Investment Bank Berhad (Maybank IB), establish in January1, 1973, is one of the largest financial services group in Malaysia. It is an investment banking arm of the Maybank Group which provide full-fledged investment services for customer which their services can be classified into three boundaries such as advisory, fund-raising and equities market trading. Maybank IB has over 35 years of industry experience. It is focus on their core