Business

RHB Bank aims to complete insurance arm disposal by Q1 2020

KUALA LUMPUR: RHB Bank Bhd hopes to complete the proposed disposal of its insurance arm to Tokio Marine Asia Pte Ltd by the end of the first quarter next year (Q1 2020).

Group managing director Datuk Khairusalleh Ramli said the bank plans to submit its proposal to Bank Negara Malaysia (BNM) by November.

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