Affin Holdings Bhd
, which is ra-tionalising and streamlining its financial services operations, is in the preliminary stage of establishing a strong retail commercial bank and an investment bank.
Group managing director Datuk Lodin Wok Kamaruddin said Affin Holdings would tailor itself to meet the requirements under the Financial Sector Masterplan (FMSP) to enable it to remain “relevant” in the second round of banking mergers expected by 2005.
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