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1.1 BANK BACKGROUND
1. RHB Bank
RHB Bank Berhad was incorporated in Malaysia as a public limited company on 24 August
1994 under the name of DCB Holdings Berhad. It assumed its present name on 16 June
1997. RHB Capital was listed on the Main Board (now known as "Main Market") of Bursa
Malaysia Securities Berhad on 29 December 1994, replacing DCB Bank Berhad (now known
as RHB Bank Berhad ("RHB Bank"), pursuant to a restructuring scheme undertaken in
1994.Now, the fourth largest fully integrated financial services group in Malaysia, The RHB
Banking Group provides financial products and services through its main subsidiaries – RHB
Bank Berhad, RHB Investment Bank Berhad, OSK Investment Bank Berhad, RHB Insurance
Berhad and RHB Islamic Bank Berhad, while its asset management and unit trust
businesses are undertaken by RHB Asset Management Sdn. Bhd. and RHB Islamic
International Asset Management Berhad.On 16 March 2005, the RHB Banking Group
became the first domestic financial group in Malaysia to set up an Islamic banking subsidiary,
known as RHB Islamic Bank Berhad.In November 2012, the RHB Banking Group acquired
OSK Investment Bank Berhad (OSKIB) and in April 2013, the merger between OSKIB with
RHB Investment Bank (RHBIB) made RHBIB the largest investment Bank in Malaysia by
assets.With the recent merger of OSKIB and RHBIB, the investment banking business is
now in seven ASEAN countries and Hong Kong.
2. Bank Pembangunan Berhad (BPMB).
Bank Pembangunan Malaysia Berhad (BPMB) operates as a bank. The Bank provides
medium to long term financing services such as project and contract finances, money market,
fixed deposit, debt securities, bonds, and funds, as well as leasing facilities. BPMB serves
infrastructure, maritime, technology, oil, and gas sectors in Malaysia.
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