Bank List In Malaysia
Top largest banks in malaysia.
Bank list in malaysia. The largest bank in malaysia is maybank followed by cimb group and public bank. Today malaysia has 27 commercial banks 11 investment banks and 18 islamic banks. Bank negara malaysia the central bank of malaysia. The list ranks malaysia s top banks as found by marcopolis using the bank s total assets.
Its banking sector remains well capitalized retains profitability and continuously improving. Banks in malaysia some of which are the largest in southeast asia offer a comprehensive range of banking and financial services. The following list ranks malaysia s top financial institutions by assets. As the country s monetary authority bnm is responsible to maintain monetary.
Bank negara malaysia today issued the following faqs and guidances to provide further clarification on the requirements in the revised anti money laundering countering financing of terrorism and targeted financial sanctions aml cft and tfs policy document that was issued on 31 december 2019 and came into force on 1 january 2020. Hsbc bank malaysia berhad the largest foreign bank in malaysia with more than 60 branches and 4 000 employees. According to the central bank of malaysia the total assets in the banking system stood at 630. Hsbc amanah is an islamic banking subsidiary of hsbc bank malaysia.
List of malaysian banks as of 7 9 2018. Malaysia is one of the fastest growing economies in the region one of its economic progress major contributor is its innovative and growing financial sector.