HSBC Bank Malaysia
Dating back to more than 100 years ago, HSBC (or Hong Kong and Shanghai Banking Corporation Limted) was first set up in Penang in 1884. it was then sanctioned to issue currency notes before mor branches was set up in Ipoh, Johor Bahru and eventually in Kuala Lumpur in 1910. In the next 20 years. HSBC would continue to set up more branches around the country including those in Kuantan, Muar and Kuala Terengganu. It then established its presence in East Malaysia where a branch was set up in 1947 in Kota Kinabalu before Sarawak had its first HSBC branch in Kuching in 1958. A year later saw HSBC acquiring the Mercantile Bank, which was established in 1860 making HSBC the oldest banking institution in Malaysia. It has now 40 branches with more than 5000 employees around the country and is the first foreign bank to be a Takaful business licensee in the country. The HSBC Group of Companies include the HSBC Amanah Takaful (Malaysia) Sdn Bhd, HSBC Amanah Malaysia Berhad, HSBC (Malaysia) Trustee Berhad, HSBC Sales and Services Malaysia Sdn Bhd, HSBC Corporate Advisory (Malaysia) Sdn Bhd and HSBC Electronic Data Processing (Malaysia) Sdn Bhd.
HSBC Bank Malaysia offers various types of products in the country which includes corporate financial products like money markets, treasury, import-export as well as personal financial services like banking accounts, insurance, personal loans and credit cards.
OCBC Bank (Malaysia) Berhad
OBCB Bank (Malaysia) Berhad or Overseas Chinese Banking Corporation was first established more than 70 years ago in the country. Today it has a 29 branches network across the country and is one of the top 5 foreign banks in the country. The company, which is headquartered in Singapore employs more than 3000 employees and offers a wide range of products and financial services to both commercial and individual customers which encompasses global treasury services, Islamic Banking, personal financial services and many others.
The oldest bank in Singapore owns a total of S$175 billion with more than 400 branches around the world which covers countries like Malaysia, Vietnam, Hong Kong, Japan, Australia, the United States as well as the United Kingdom. It is currently headquartered in Malaysia through its Medan Pasar branch in central Kuala Lumpur with branches spread across the country as well as around the Klang Valley like Puchong, Damansara and Ampang.
Standard Chartered Bank Malaysia Berhad
With a staff force of over 5000 employees and almost 40 branches nationwide, Standard Chartered Bank Malaysia Berhad is a subsidiary of the Standard Chartered Group which was first established in Penang way bank in 1875. it owns the Standard Chartered Saadiq Berhad, its Islamic Banking division arm and offers various products and financial services catered to both the retail and corporate sectors. The Bank have since achieved various awards like the Best Regional Retail Business in Asia at The Asian Banker’s Excellence in Retail Financial Services 2008, the No 1 Top Bookrunner of Malaysian Syndicated Loans in 2007 by IFR Asia and the The Asian Banker Award for achievement in cash management in 2007.
United Overseas Bank (Malaysia) Berhad
United Overseas Bank (Malaysia) Berhad or UOB is a subsidiary company of the United Overseas Bank Limited. The group is based in Singapore with a global presence in more than 18 countries worldwide. It first established its presence in Malaysia in 1993 when it acquired Lee Wah Bank Limited which was also a Singaporean company that first started in 1920. UOB then merged with Chung Khiaw Bank Berhad in 1997 before merging with OUB (Overseas Union Bank) in Malaysia in 2002 making it the foreign bank with the largest network of branches. It offers a wide range of products which includes commercial and personal financing like credit cards, loans, deposits and savings, treasury services, home and property loans, wealth management as well as insurance.
The licensed branch of the Citi Group of USA, Citibank Berhad was first established here in Malaysia since 1959. The bank operated then with only 17 people in shophouse before it grew to more than 3500 people currently with branches in the capital, Selangor, Johor and Penang. The banking group is divided into Global Consumeer here they offer financial services which includes personal banking like Credit Cards, loans, insurance and banking services, Institutional Clients Group that provides cash and payment solutions to companies like transaction services, treasury management, securities custodianship, fixed income, sales and trading and foreign exchange as well as the Citi Private Bankwhich provides essential wealth management services.