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. 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:

Milestones – 1913 to 2017

Strategic Business Groups (SBGs)

Retail Banking

RHB offers insurance, wealth management, hire purchase, cards and unsecured loans as well as secured loans.

Group Transaction Banking (GTB)

RHB's Group Transaction Banking (GTB) comprises cash management, trade services and FI & correspondent banking, offering transaction-related services

Corporate and Investment Banking (CIB)

CIB offers corporate and investment banking services, comprising corporate finance advisory, equity and debt capital markets, securities and futures broking, asset management, corporate banking, private equity and research. CIB serves public-listed companies, multinationals and large corporations across all industry types.

Islamic Banking

RHB Banking Group officially received the license for its Islamic banking subsidiary on 1 March 2005, making it the first commercial banking group in Malaysia to have its full-fledged Islamic bank. RHB Islamic Banking offers a range of consumer, business and corporate banking services and solutions that are Shariah-based.

Global Financial Banking

Global Financial Banking covers RHB Capital's offshore businesses, particularly its commercial banking operations in Singapore, Thailand, Brunei and Vietnam, as well as its non-Ringgit based funding operations in Labuan.

Group Treasury

Group Treasury comprises the treasury functions of commercial banks, investment banks and Islamic banks. Its major activities include managing funds, hedging and investment needs covering a wide range of treasury products and services.