RHB Bank Berhad (myx: 1066) is a Malaysian bank based in Kuala Lumpur and founded in 1997. It is the fourth largest fully integrated financial services group in Malaysia.[2]
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
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:
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.