RHB Bank
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RHB Bank Berhad (RHB) | |
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Type | Public |
Founded | 1997, following the merging of DCB Bank and Kwong Yik Bank. |
Founder | Tan Sri Rashid Hussain |
Headquarters | Headquarters in Kuala Lumpur, Malaysia |
Industry | Banking and finance |
Products | Banking and finance Services |
Employees | 10,391 |
Website | www.rhbbank.com.my |
RHB Bank Berhad (also known as the Rashid Hussein Bank) is a bank based in Kuala Lumpur, Malaysia. It specializes in commercial banking, corporate banking and international banking services. The bank was formed after a merger between Kwong Yik Bank and DCB Bank (Development and Commerce Bank, also formerly known as D&C Bank), on July 1, 1997, and Sime Bank and Bank Utama later. On March 9, 2007, the Employees Provident Fund (EPF) gained control of the bank, after winning a bid against EON Capital and a Kuwait Finance House-led consortium.[1]
RHB Bank was the third largest bank in Malaysia, with 200 offices in Malaysia and the region (as of 2002). The bank was also named the "Best Domestic Bank" by both Finance Asia and Euromoney in 1997.
RHB Bank is a part of RHB Capital Berhad financial conglomerate.