Bank

What is Bank?

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:

A central bank circulates money on behalf of a government and acts as its monetary authority by implementing monetary policy, which regulates the money supply.

A commercial bank accepts deposits and pools those funds to provide credit, either directly by lending, or indirectly by investing through the capital markets. Within the global financial markets, these institutions connect market participants with capital deficits (borrowers) to market participants with capital surpluses (investors and lenders) by transferring funds from those parties who have surplus funds to invest (financial assets) to those parties who borrow funds to invest in real assets.

List of bank in Malaysia

1) Affin Bank Berhad
2) Alliance Bank Berhad
3) AmBank Berhad
4) CIMB Bank Berhad
5) Hong Leong Bank Berhad
6) Malayan Banking Berhad (Maybank)
7) Public Bank Berhad
8) RHB Bank Berhad
9) Bank Simpanan Nasional
10) Bank Islam
11) Agro Bank
12) Tabung Haji
13) Bank Rakyat
14) Bank Muamalat
15) Bank Negara

Foreign Bank in Malaysia

1) Citibank Berhad
2) HSBC Bank Malaysia Berhad
3) Oversea-Chinese Banking Corporation (OCBC Bank Malaysia Berhad)
4) Standard Chartered Bank Malaysia Berhad (StanChart)
5) The Bank of Nova Scotia Berhad (Scotiabank)
6) The Royal Bank of Scotland Berhad (RBS)
7) United Overseas Bank Malaysia Berhad (UOB)

18 Islamic banks (local & foreign)

1) Asian Finance Bank Berhad
2) Alliance Islamic Bank Berhad
3) Asian Finance Bank (M) Berhad
4) Bank Islam Malaysia Berhad
5) Bank Muamalat Malaysia Berhad
6) Hong Leong Islamic Banking Berhad
7) CIMB Islamic Bank Berhad
8) RHB Islamic Bank Berhad
9) AmIslamic Bank Berhad
10) Affin Islamic Bank Berhad
11) Al Rajhi Banking & Investment Corporation (Malaysia) Berhad
12) Kuwait Finance House (Malaysia) Berhad
13) Maybank Islamic Berhad
14) Public Islamic Bank Berhad
15) HSBC Amanah Malaysia Berhad
16) OCBC Al-Amin Bank Berhad
17) Standard Chartered Saadiq Berhad
18) Unicorn International Islamic Bank Malaysia Berhad

Development Financial Institutions (Government-owned banks)

1)Agro Bank Malaysia Berhad
2)Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat)
3)Bank Simpanan Nasional Berhad
4)Export-Import Bank of Malaysia Berhad (Exim Bank)
5)Bank Perusahaan Kecil & Sederhana Berhad ((Small Medium Enterprise) SME Bank Berhad)
6)Sabah Development Bank Berhad (SDB)
7)Sabah Credit Corporation Berhad
8)Lembaga Tabung Haji
9)Credit Guarantee Corporation Malaysia Berhad (CGC)
10)Malaysian Industrial Development Finance Berhad (MIDF)
11)Bank Pembangunan Malaysia Berhad (BPMB) (The development bank of Malaysia)


Malaysian Credit Cards Issuers

1) Affin Bank Berhad
2) Alliance Bank Berhad
3) Al-Rajhi Bank (i)
4) AmBank Berhad
5) Bank Islam Malaysia Berhad (i)
6) Bank Simpanan Nasional (i)
7) CIMB Bank Berhad
8) Citibank Berhad
9) EON Bank Berhad
10) Hong Leong Bank Berhad
11) HSBC Bank (Malaysia) Berhad
12) Malayan Banking Berhad (Maybank / MalayBank)
13) OCBC Bank Berhad
14) Public Bank Berhad
15) RHB Bank Berhad
16) Standard Chartered Bank (Malaysia) Berhad
17) United Overseas Bank Malaysia Berhad
18) AEON Credit Services (M) Berhad
19) MBF Cards Sdn Bhd

Malaysia Debit Cards Issuers

1)Al-Rajhi Islamic Bank
2)Affin Bank
3)Affin Islamic
4)Alliance Bank
5)AmBank
6)Bank Islam
7)Bank Rakyat
8)Bank Simpanan Nasional
9)Bank Muamalat
10)CIMB Bank
11)Citibank
12)EON Bank
13)Hong Leong Bank
14)MAYBANK
15)Public Bank
16)RHB Bank
17)Standard Chartered Bank
18)United Overseas Bank
19)OCBC Bank
20)Kuwait Finance House