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RHB Bank
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Kwong Yik Bank Berhad was established in 1913 in Kuala Lumpur, making it Malaya's first local bank. Amongst the bank's co-founders were Chan Wing, Cheong Yoke Choy and Loke Yew. In 1997, Kwong Yik Bank Berhad merged with DCB Bank Berhad, making it the country's biggest ever banking merger at that time.
The Kwong Yik Banking Corporation Limited, or simply the Kwong Yik Bank of Singapore (Chinese: 新嘉坡廣益銀行; pinyin: Xīnjiāpō guǎngyì yínháng) was the first local bank established in Singapore and British Malaya.
RHB Islamic Bank is the Group’s Islamic Banking arm, providing Shariah-compliant banking and financial services through four business units which are Retail Banking, Corporate & Investment Banking, Business & Transaction Banking and Islamic Treasury.
RHB Bank Berhad (juga dikenali sebagai Rashid Hussein Bank) ( MYX: 1066) ialah sebuah bank Perkhidmatan Kewangan dan Pelaburan Malaysia yang terletak di Kuala Lumpur. Ia mengkhusus di dalam Perbankan Perdagangan, Korporat, Perbankan Pelaburan dan Perkhidmatan Perbankan antarabangsa.
Our roots stretch as far back as 1913 in Malaysia, when RHB Bank (then known as Kwong Yik Bank Berhad) was established at the financial centre of Kuala Lumpur. We are now the fourth largest, fully-integrated financial services group in Malaysia.
Kwong Yik Bank was the first Chinese bank to be established in Singapore when it started operation at 26 Kling Street in 1903. The bank was founded by Wong Ah Fook, who was then a leading building contractor and gambier planter. [1]
Jan 8, 2024 · The merged DCB Bank and Kwong Yik Bank was renamed RHB — for Rashid Hussain Bhd — Bank. The acquisition of Kwong Yik Bank at 3.2 times book value was completed in 1997, just before the Asian financial crisis, and still stands today as among the most expensive banking deals in the country.
