BANK Islam is back in the groove to fulfil its mega Islamic bank ambitions with market chatter speculating that it could be a merger target.
Given the consolidation theme in the local banking industry this year, emphasised by the recent mega merger proposal involving CIMB Group Holdings Bhd, RHB Capital Bhd (RHB Cap) and Malaysia Building Society Bhd (MBSB), analysts feel that Bank Islam is an ideal candidate for a merger.
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!