Closure of 106 bank branches due to rationalisation plans, says Deputy Finance Minister

By MARTIN CARVALHO
  • Nation

  • Tuesday, 15 Nov 2016

KUALA LUMPUR: The closure of 106 bank branches since last year is not an indication that the banking industry is in crisis.

Deputy Finance Minister Datuk Othman Aziz (pic) said six banks had closed their branches as part of their rationalisation plans.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation
Selangor records over 200 cases of non-compliance under festive price control scheme
29,000 Auxiliary Police positions yet to be filled, says Bukit Aman
Michelle Yeoh to attend inaugural Bukit Bintang Parade launch for Visit Malaysia 2026, says Nga
Extra funds to boost security assets in Sabah needed, says anti-crime activist
Klang cops dispose of case items worth RM1.6mil, including crypto mining machines
Customs foils RM3mil e-waste smuggling attempt in Ops Demeter
Disruption in global passenger processing system affects Malaysian airports
Young Malaysian designers reimagine cultural legacies
Najib has every right to appeal dismissal of house arrest bid, says PAS sec-gen
Mutual respect among diverse communities the bedrock of Sabah’s political stability, says Hajiji in Christmas message

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.