RHB takeover

Size matters to Malaysian banks

As Maybank and CIMB prepare to fight for RHB Capital, investors ask whether the resulting new banking group will be made of muscle or fat.

<div style="text-align: left;"> Size matters in Kuala Lumpur (AFP) </div>

Rupert Walker

June 03, 2011

Malaysia’s two largest banks are getting ready for one of the country’s biggest ever corporate battles. Malayan Banking (Maybank) and CIMB, number one and two respectively, were given regulatory approval late on Tuesday to bid for RHB Capital, ranked number five. Size still seems to matter to bankers.

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