Convenience. Flexibility. Professionalism. RHB Capital Berhad is all
this and more. It is a homegrown financial service group that strives
to give only the best to its customers.
The RHB brand only came into being with the incorporation of Rashid Hussain Securities Sdn Bhd in 1983, the RHB Banking Group’s journey actually began in 1913 when Kwong Yik Bank was established as Malaysia’s first local bank.
In 1966, the Development and Commercial Bank (later D&C Bank and subsequently renamed DCB Bank) was established, and in 1990, RHB acquired a stake in the bank. DCB Bank merged with Kwong Yik Bank during the first round of banking consolidation in 1997 to form RHB Bank.
In 1999, it acquired Sime Bank and in 2003 merged with the Utama Banking Group to form the RHB Banking Group.
Today, the RHB Banking Group – majority owned by the Employees Provident Fund – offers the entire range of financial products and services, covering commercial banking, investment banking and insurance, as well as Islamic banking.
It is the fourth largest financial services group in Malaysia.