MBSB to close gap with licensed financial institution in 2 years (Update)

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) hopes to raise its operational standards to close the gap between itself and that of a licensed financial institution in the next two years.

This is regardless whether it undertakes a merger and acquisition (M&A) route or as a standalone entity, according to its president and chief executive officer Datuk Ahmad Zaini Othman (pic).