Bank Negara (the National Bank of
Malaysia) had
given
August 31, 2000 as the deadline for the many
Malaysian banks to consolidate and merge into 10 groups of
their choice. The 10
anchor banking groups that
managed to ink their sale and purchase agreements by
that deadline are:
- Maybank group
Malayan Banking, Mayban Finance,
Aseambankers, PhileoAllied Bank, Pacific Bank,
Sime Finance, Kewangan Bersatu.
- Bumiputra Commerce group
Bumiputra Commerce Bank, Bumiputra Commerce
Finance, Commerce International Merchant Bankers.
- RHB Bank
RHB Bank, RHB Sakura Merchant Bank, Sime Bank,
Delta Finance, Interfinance.
- AMMB
Arab-Malaysian Bank, Arab-Malaysian Finance,
Arab-Malaysian Merchant Bank, Bank Utama
Malaysia, Utama Merchant Bankers.
- Hong Leong Bank
Hong Leong Bank, Hong Leong Finance, Wah Tat
Bank, Credit Corp Malaysia.
- Perwira Affin Bank
Perwira Affin Bank, Affin Finance, Perwira Affin
Merchant Bankers, BSN Commercial, BSN Finance, BSN
Merchant Bank.
- Multi-Purpose Bank
MPB, International Bank Malaysia, Sabah Bank,
MBf Finance, Bolton Finance, Sabah Finance, Bumiputra
Merchant Bankers, Amanah Merchant Bank.
- Southern Bank
Southern Bank, Ban Hin Lee Bank, Cempaka
Finance, United Merchant Finance, Perdana Merchant
Finance.
- EON Bank
EON Bank, EON Finance, Oriental Bank, City
Finance, Perkasa Finance, Malaysian International
Merchant Bankers.
- Public Bank group
Public Bank, Hock Hua Bank.
After The Edge October 23, 2000 article
http://www.theedge.com.my/article.cfm?id=466