And Otherwise Deal In Goods Companies in Malaysia
Other than the big four banks in Malaysia, there are a number of other financial institutions which provide banking services in Malaysia. These include foreign banks, Islamic banks, development financial institutions, and commercial banks. In addition, there are a number of non-bank financial institutions which provide services such as money lending, insurance, and investment banking.
The Malaysian banking sector is highly competitive, with a large number of players offering a wide range of products and services. However, the four big banks – CIMB, Maybank, Public Bank, and RHB – still dominate the sector, with a combined market share of over 70%.
The banking sector in Malaysia is regulated by the Central Bank of Malaysia (BNM), which is responsible for ensuring the stability of the financial system. BNM is also responsible for issuing currency, setting interest rates, and regulating the banking sector.
The Malaysian banking sector is highly competitive, with a large number of players offering a wide range of products and services. However, the four big banks – CIMB, Maybank, Public Bank, and RHB – still dominate the sector, with a combined market share of over 70%.
The banking sector in Malaysia is regulated by the Central Bank of Malaysia (BNM), which is responsible for ensuring the stability of the financial system. BNM is also responsible for issuing currency, setting interest rates, and regulating the banking sector.
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