Top Banks in Malaysia
The list ranks Malaysia’s top banks as found by MarcoPolis using the bank’s total assets. The following list ranks Malaysia’s top financial institutions by assets. The largest bank in Malaysia is Maybank, followed by CIMB Group and Public bank. According to the Central Bank of Malaysia, the total assets in the banking system stood at 630 billion USD as of 2015. The first 3 banks in Malaysia represents almost 58% of the total assets in the banking system.
Top Banks in Malaysia
Malaysia’s Largest Banks
Marcopolis.net has ranked the largest banks in Malaysia. Banks continue to overcome the financial crisis that poses a threat to the global banking system.
In an every-changing world, banks must always monitor what their clients and customers want. The following list shows that banks are keeping up with the times.
The list ranks Malaysia’s top banks as found by MarcoPolis using the bank’s total assets. The following list ranks Malaysia’s top financial institutions by assets. The largest bank in Malaysia is Maybank, followed by CIMB Group and Public bank. According to the Central Bank of Malaysia, the total assets in the banking system stood at 630 billion USD as of 2015. The first 3 banks in Malaysia represents almost 58% of the total assets in the banking system.
The List of Top Banks in Malaysia
| Rank | Company | Country | Industry | Market Value ($ bil) | Total Assets | Description |
|---|---|---|---|---|---|---|
| 1 | Malaysia | Banking | 23.4 billion USD | 177.05 billion USD | Maybank was founded in 1960, and within three years, grew to more than 150 branches. Maybank has a market cap of 23.4 billion USD and assets of about 135.9 billion USD. Maybank is the largest bank in Malaysia. | |
| 2 | Malaysia | Banking | 16 billion USD | 108.16 billion USD | The group consists of a variety of different entities. CIMB Group is the largest Asia Pacific based investment and Islamic bank. Furthermore, it is a leading ASEAN universal bank. The CIMB Group market cap is 16 billion USD, with total assets of 101.7 billion USD. CIMB Group is the second largest bank in Malaysia. | |
| 3 | Malaysia | Banking | 18.5 billion USD | 84.37 billion USD | Public Bank is a top bank with a reputation as being the largest non-government-linked corporation in Malaysia. It was founded in 1966, with a total of 377 branches worldwide. Public Bank has a market cap of 18.5 billion USD and total assets of 75.6 billion USD. Public bank is the third largest bank in Malaysia. | |
| 4 | Malaysia | Banking | 5.69 billion USD | 60.58 billion USD | RHB Bank is the product of a 1997 merger between Kwong Yik Bank, Sime Bank, and Bank Utama. Today, they provide a range of banking services, including retail, business, and Islamic transactions. They are the fourth largest bank in Malaysia, with a market cap of 5.69 billion USD, and total assets of 55.6 billion USD. RHB Bank is the fourth largest bank in Malaysia. | |
| 5 | Malaysia | Banking | 7.07 billion USD | 47.14 billion USD | After acquiring EON HongLeong Bank is the fifth largest bank in Malaysia. | |
| 6 | Malaysia | Banking | 5.34 billion USD | 35.96 billion USD | AmBank is a leading bank in Malaysia. It was the first bank to offer REIT (real estate investment trust) in Malaysia. AmBank was also the first in the world to lead manage issuance of Islamic residential mortgage backed securities. AmBank has a market cap of 5.34 billion USD. | |
| 5 | Malaysia | Banking | 5.7 billion USD | 15.2 billion USD | Founded in 2001, Affin Bank offers services to both retail and corporate clients. The bank consists of various departments, including Enterprise Banking, Consumer Banking, Debt and Capital Markrts, and Hire purchase. Affin Bank is known as the bank that provides “Banking with Barriers.” | |
| 6 | Malaysia | Banking | 2.05 billion USD | 12.7 billion USD | Alliance Bank Malaysia provides a range of services, including consumer banking, business banking, Islamic banking, and investment banking, as well as asset management. In 2013, at the Excellence in Retail Financial Services International Awards, Asian Banker named Alliance Bank Malaysia the “Best SME Bank” in Asia Pacific, Gulf Region, and Africa. |