RHB Bank

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title: "RHB Bank" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["1997-establishments-in-malaysia", "banks-established-in-1997", "banks-of-malaysia", "banks-of-singapore", "companies-listed-on-bursa-malaysia", "companies-in-the-ftse-bursa-malaysia-klci", "employees-provident-fund-(malaysia)", "government-owned-companies-of-malaysia", "investment-banks", "malaysian-brands"] description: "Malaysian bank" topic_path: "economics" source: "https://en.wikipedia.org/wiki/RHB_Bank" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Malaysian bank ::

::data[format=table title="Infobox company"]

Field	Value
name	RHB Bank Berhad
former_name	Kwong Yik Bank Berhad
logo	RHB Logo.svg
type	Publicly traded state-owned enterprise
traded_as
ISIN
key_people	Tan Sri Ahmad Badri Mohd Zahir, Chairman
Mohd Rashid Mohamad, Group Managing Director/Group CEO
foundation	following the merging of Kwong Yik Bank and DCB Bank.
(as Kwong Yik Bank)
founder	Rashid Hussain
location	Kuala Lumpur, Malaysia
locations	Malaysia - 234 branches
products	Banking and financial services
industry	Banking and finance
area_served	Malaysia, Singapore, Brunei, Cambodia, Laos, Indonesia, Thailand
num_employees	14,010 (As of May 2022)
revenue	RM10.829 Billion (Fiscal Year Ended 31 December 2020)
operating_income	RM3.798 Billion (Fiscal Year Ended 31 December 2020)
net_income	RM2.039 Billion (Fiscal Year Ended 31 December 2020)
assets	RM271.149 Billion (Fiscal Year Ended 31 December 2020)
equity	RM27.056 Billion (Fiscal Year Ended 31 December 2020)
parent	Employees Provident Fund
homepage
::

| name = RHB Bank Berhad | former_name = Kwong Yik Bank Berhad | logo = RHB Logo.svg | type = Publicly traded state-owned enterprise | traded_as = | ISIN = | key_people = Tan Sri Ahmad Badri Mohd Zahir, Chairman Mohd Rashid Mohamad, Group Managing Director/Group CEO | foundation = following the merging of Kwong Yik Bank and DCB Bank. (as Kwong Yik Bank) | founder = Rashid Hussain | location = Kuala Lumpur, Malaysia | locations = Malaysia - 234 branches | products = Banking and financial services | industry = Banking and finance | area_served = Malaysia, Singapore, Brunei, Cambodia, Laos, Indonesia, Thailand | num_employees = 14,010 (As of May 2022) | revenue = RM10.829 Billion (Fiscal Year Ended 31 December 2020) | operating_income = RM3.798 Billion (Fiscal Year Ended 31 December 2020) | net_income = RM2.039 Billion (Fiscal Year Ended 31 December 2020) | assets = RM271.149 Billion (Fiscal Year Ended 31 December 2020) | equity = RM27.056 Billion (Fiscal Year Ended 31 December 2020) | parent = Employees Provident Fund | homepage =

RHB Bank Berhad () is a Malaysian bank based in Kuala Lumpur and founded in 1997. It is the fourth largest fully integrated financial services group in Malaysia.

RHB Bank has over 200 branches in Malaysia and provides a range of banking products and services for individuals, small businesses and corporates. RHB Bank is one of the few banks in Malaysia that offers Islamic banking products and services. These products are offered through its subsidiary, RHB Islamic Bank Berhad. RHB Islamic Bank has a wide network of branches and ATMs in Malaysia and provides a range of banking products and services that are compliant with Shariah principles.

RHB Bank is listed on the Bursa Malaysia and has a market capitalisation of RM24.77 billion as of August 2022.

History

::figure[src="https://upload.wikimedia.org/wikipedia/commons/d/d6/MCA_Jementah.jpg" caption="RHB Bank in [[Jementah]], [[Johor]]."] ::

A wholly owned subsidiary of RHB Capital, RHB Bank Berhad is a result of three mergers –with Kwong Yik Bank Berhad, Sime Bank Berhad and Bank Utama (Malaysia) Berhad in 1997, 1999 and 2003. Its key milestones through the mergers are as follows:

• 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 United Malayan Banking Corporation Berhad ("UMBC") was set up in 1959 and subsequently became the first commercial bank to be established in independent Malaya when it was officially declared open in 1960.
• In 1996, UMBC became part of Sime Darby Berhad and was renamed Sime Bank Berhad. In 1999, it merged with RHB Bank and became part of RHB Banking Group.
• Bank Utama was incorporated in 1976. In 1998, Bank Utama merged its business operations with that of Kewangan Utama Berhad. In 2003, RHB Bank merged with Bank Utama.

In 2013, RHB Banking Group celebrated RHB Bank's 100th Anniversary.

In 2016, RHB Bank Berhad assumed the listing status of RHB Capital Berhad as the financial holding company.

In 2017, a merger was proposed between RHB Bank and AmBank Group, but was scrapped as the parties failed to agree on mutually acceptable terms and conditions.

References

References

1. (31 December 2021). "RHB Bank Berhad 2020 Annual Report".
2. (8 January 2018). "RHB Bank officiates 210th branch in Kota Tinggi". [[New Straits Times]].
3. Khor, Neil. (2019). "Loke Yew : A Malayan Pioneer". Zamilyn Sdn Bhd..
4. Dass, Francis. (1 June 2017). "AmBank, RHB get Bank Negara nod to proceed with merger talks".
5. (2 June 2017). "RHB Bank, AmBank up as investors positive on merger". [[The Star (Malaysia).
6. (23 August 2017). "RHB-AmBank merger fails to take off". [[The Star (Malaysia).
7. "RHB plans to be a wholesome bank – The Star".
8. "Board of Directors". RHB Malaysia.
9. "Who We Are". RHB Malaysia.

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::