Tag Archives: RHB

September 03

RHB says it offers voluntary exit scheme to employees

RHB Banking Group, Malaysia’s fourth-biggest bank by assets, said on Wednesday it is offering a voluntary exit option to all permanent employees in Malaysia, in a bid to improve productivity. The offer is valid from Wednesday and will close on Sept 23, 2015, RHB said in a statement to Reuters. A slowing economy and a […]

January 13

Mega bank merger called off

The proposed merger between CIMB Group Holdings Bhd and two smaller Malaysian lenders to create one of the largest banks in Southeast Asia has been cancelled, sources said. CIMB’s merger with RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) was expected to make it the world’s largest Islamic bank.Board members of the banks will […]