Mixed signals on consolidation of banks


Valuations remain attractive for RHB Bank

PETALING JAYA: The market gave mixed signals on the aborted merger between RHB Bank Bhd and AMMB Holdings Bhd (AmBank).

Analysts generally felt that both banks would now focus on their strategic plan and missed an opportunity to put to rest speculation of them being a merger target in future.

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Business , AMMB , RHB , merger , banking ,

   

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