Best Banks In Malaysia

Maybank is the largest bank in the country in terms of total assets and market capitalization.

Best banks in malaysia. Top banks in malaysia maybank. Features like online bill payment and mobile banking were also strongly considered. Bank negara malaysia the central bank of malaysia established in january 1959. Pbb is one of.

The following list ranks malaysia s top financial institutions by assets. Cimb bank is the consumer banking unit of the cimb group. In the event that your bank fails pidm protects you against the loss of your deposits but only for up to rm250 000 per depositor per bank. Maybank is a malaysian universal bank that was established in may 1960.

Bank of tokyo mitsubishi ufj malaysia berhad. Maybank cimb hong leong and hsbc. Malayan banking bhd or maybank based in kuala lumpur is the largest bank in malaysia by assets deposits loans market. We all have at least a bank account for basic savings loans and credit cards.

List of foreign banks commercial list of licensed banking institutions in malaysia commercial in alphabetical order. The universal bank provides banking. Bank of china malaysia berhad. Bank of america malaysia berhad.

Hsbc bank malaysia berhad the largest foreign bank in malaysia with more than 60 branches and 4 000 employees. The list ranks malaysia s top banks as found by marcopolis using the bank s total assets. With its 58 years of experience in the. But do you know that you can be a shareholder in these banks.

Cimb is a leading malaysian universal bank that was founded in. The vast network of not only atms but cash and cheque deposit machines vaulted maybank and cimb to the top spots as did both of these banks well developed internet banking portals maybank2u and cimb clicks respectively. The largest bank in malaysia is maybank followed by cimb group and public bank. Top banks in malaysia overview of top 10 banks.

China construction bank malaysia berhad. According to rhb investment bank bhd s recent research report the local banking sector is expected to. Cimb group holdings berhad is the second largest banking group in malaysia with assets of us 128 5 billion. I spent a couple of weeks researching a number of banks and ultimately narrowed my list of contenders to four.

Bnp paribas malaysia berhad. Cimb or commerce international merchant bankers berhad. It is also one. Hsbc amanah is an islamic banking subsidiary of hsbc bank malaysia.

As the country s monetary authority bnm is responsible to maintain monetary stability. In malaysia all deposits made at a member bank are automatically protected by perbadanan insurans deposit malaysia pidm. Best savings accounts in malaysia 2020 earn interest on your savings account no matter how much you have deposited withdraw your cash whenever you want and enjoy peace of mind knowing your money is working for you all day every day.