MBSB has been closing the gap between its organisation
PETALING JAYA: The Malaysia Building Society Bhd
(MBSB) hints that it is ready to be a bank, noting that its latest rights issue to strengthen its capital base is a major step in that direction.
When asked if the financial provider was ready to assume a banking position, president and chief executive officer Datuk Ahmad Zaini Othman said the injection of RM1.47bil capital signals MBSB’s ability to move forward to be a bank.
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