Bank mergers in Malaysia get difficult

This brings us to the next question: Who will Maybank

MERGER fever has definitely hit the banking sector. Assuming the three-way merger of CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB) goes ahead, then more marriages are going to take place in the sector. The aim is to create regional giants.

It is common knowledge in banking circles that the central bank would like to see all attempts first being made with local banks merging with each other, before the entry of foreign parties.