Bank Rakyat a takeover target


Top co-op bank: Bank Rakyat is the biggest Islamic co-operative bank in the country with 147 branches.

PNB among institutions said to be exploring the profitable co-operative bank

PETALING JAYA: Bank Rakyat, Malaysia’s profitable Islamic co-operative bank, has become a takeover target as part of Bank Negara’s bigger plan to consolidate the financial sector.

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