RHB Bank Berhad |
RHB Banking Group is one of the largest financial services groups in Malaysia. Its four broad categories of businesses – Commercial Banking, Islamic Banking, Investment Banking and Insurance – are collectively grouped under RHB Capital Berhad. The Group’s businesses are offered through its main subsidiaries – RHB Bank Berhad and RHB Investment Bank Berhad, which are wholly owned by RHB Capital, and RHB Insurance Berhad, which is 79.5% owned by RHB Capital. Its Islamic banking unit, RHB ISLAMIC Bank Berhad, is wholly owned by RHB Bank, while its asset management and unit trust businesses are held under RHB Investment Management Bhd, a wholly owned subsidiary of RHB Investment Bank. RHB’s International Banking Division includes the commercial banking operations in Singapore, Thailand and Brunei. The Group also has a non-ringgit based offshore funding operations in Labuan. In 2009, RHB Capital Berhard's acquisition of Indonesia's Bank Mestika Dharma for RM1.1 billion marked a milestone it the Group’s key expansion strategy. Today, RHB Banking Group has more than 180 branches across the region, in Malaysia, Singapore, Thailand, Brunei, and Indonesia. In Vietnam, it owns 49% of Vietnam Securities Corporation and has a representative office in Ho Chi Min. Key Statistics (RHB Capital Berhad, as of 31/12/2009)
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