Quick Answer: Which is the largest bank in Malaysia?

Which bank is richest in Malaysia?

Top largest banks in Malaysia

Ranking Bank Total assets (RM bil)
1 Maybank 834.413
2 CIMB Group Holdings 585.813
3 Public Bank Berhad 438.394
4 RHB Bank 257.768

Is CIMB the second largest bank in Malaysia?

CIMB Bank is the country’s second largest commercial bank by assets with over 8 million customers nationwide, and offers the full spectrum of banking services from consumer products to business banking services for SMEs, as well as insurance, investment and wealth management products and services.

Is Maybank or CIMB better?

Maybank Bhd, given its status as the biggest bank and with more income stream, holds a more premium PE at 12, while CIMB is closely behind with a PE of 10. So it’s up to investors to decide whether they would opt for a lower PE and lower dividend yield CIMB Bhd or higher PE and higher dividend yield Maybank Bhd.

Which bank app is best in Malaysia?

Now let’s take a look at the best digital banks in Malaysia!

  • CIMB Bank. DIGITAL SERVICES. …
  • HSBC Malaysia. SERVICES. …
  • Maybank2u Malaysia. SERVICES. …
  • Alliance Bank Malaysia. SERVICES. …
  • OCBC Bank Malaysia. SERVICES.

Which is the safest bank in the world?

World’s safest banks

Rank Bank Country
1 KfW Germany
2 Zuercher Kantonalbank Switzerland
3 Landwirtschaftliche Rentenbank Germany
4 L-Bank Germany
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Which bank is more secure?

Citibank and Bank of America offer the most protection for their customers, each providing three additional dimensions of security.

Is Maybank a good bank?

Since 2013, Maybank has kept its net interest margin stable at 2.3-2.5%. 3. Maybank has also achieved consistent growth in non-interest income over the last 10 years. … The growth was mainly driven by Maybank’s Islamic Banking operations, and fees & commission-based income in the 10-year period.