MIDF targets the big league


  • Banking
  • Saturday, 28 Sep 2019

Merger with Saudi Arabia's Al Rajhi will give it access to Islamic universal banking

Malaysian Industrial Development Finance Bhd (MIDF) is finally making its way to become a full-fledged bank.

Late Wednesday, MIDF and Al Rajhi Banking & Investment Corp (M) Bhd submitted to Bank Negara their proposal to merge.

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