AIBIM welcomes CIMB-RHB Capital-MBSB mega Islamic bank
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AIBIM welcomes CIMB-RHB Capital-MBSB mega Islamic bank
AIBIM welcomes CIMB-RHB Capital-MBSB mega Islamic bank |
Business & Markets 2014 |
Written by Supriya Surendran of theedgemalaysia.com |
Tuesday, 12 August 2014 12:11 KUALA LUMPUR (Aug 12): The Association Of Islamic Banking in Malaysia (AIBIM) has welcomed the creation of a mega Islamic bank through the proposed merger of CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB). AIBIM Chairman Datuk Hj Mohd Redza Shah Abdul Walid said the creation of a mega Islamic bank would be regionally relevant, and hoped that it would make Islamic banking more acceptable. He said that the merger would encourage other banks to participate in mega mergers. |
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