PETALING JAYA: RHB Capital Bhd, Malaysia's fifth-biggest banking group by assets, wants to grow in tandem with OSK Investment Bank Bhd's regional business map if the proposed merger deal between the two banking institutions goes through, according to RHB Banking Group principal officer Renzo Viegas.
“Both parties have submitted applications to Bank Negara to start talks on the merger and after the central bank grants us the permission, I am sure it will be fruitful talks between us,” he told reporters after a signing ceremony between the bank and Credit Guarantee Corp Malaysia Bhd (CGC) to formalise a strategic tie-up to further enhance the small and medium enterprises' (SMEs) access to financing through a new scheme the Enhancer Direct.