3/22/2023 0 Comments Jagjit kuar hong leong bank![]() ![]() The merger effectively transforms the Bank into a banking group of more than RM145 billion in assets and an expanded network of 329 branches nationwide. In 2011, Hong Leong Bank completed the merger with EON Bank Group. With more than 100 years of banking knowledge and experience, Hong Leong Bank today has a strong heritage, leading market positions and a well-recognised business franchise and brand. In 2004, the finance company business of Hong Leong Finance Berhad was acquired by Hong Leong Bank. This milestone saw the birth of Hong Leong Bank and in October the same year, Hong Leong Bank was listed on the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia). In January 1994, the Group acquired MUI Bank through Hong Leong Credit Berhad (now known as Hong Leong Financial Group Berhad). ![]() In 1989, it was renamed MUI Bank, operating in 35 branches. Hong Leong Bank started its humble beginning in 1905 in Kuching, Sarawak, Malaysia under the name of Kwong Lee Mortgage and Remittance Company and later in 1934, incorporated as Kwong Lee Bank Ltd. has since been sold to another banking institution. Headquartered in Malaysia, the Group has been in the financial services industry since 1968 through Hong Leong Finance Berhad and since 1982 through Dao Heng Bank Ltd. Hong Leong Bank Berhad ("Hong Leong Bank" or "Bank"), a public listed company on Bursa Malaysia, is a member of the Hong Leong Group Malaysia ("the Group"). ![]()
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