RHB Bank and Bank Utama will come together as a merged entity Thursday.
In a statement Wednesday, RHB Bank Bhd said the merger of its commercial banking unit with that of Bank Utama (Malaysia) Bhd had been completed and that effective today, all business assets and liabilities of Bank Utama would be vested in RHB Bank pursuant to the business merger agreement dated March 25 and the vesting order granted by the High Court of Malaya on April 8.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
