Affin hopes to be investment bank by first quarter


PETALING JAYA: Affin Holdings Bhd, which is applying for a licence to operate an investment bank (IB) by merging Affin Merchant Bank and Affin Securities, hopes to be a full-fledged IB by the first quarter this year. 

Managing director Tan Sri Lodin Wok Kamaruddin said: “We are in the process of applying for the licence to operate an IB by merging our merchant bank and stockbroking arm.'' 

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