COMMERCIAL BANK

Hi
Today we share info about Commercial Bank.

Commercial banks are the largest fund provider in banking system. It contribute the country's economic development.

What is the functions of Commercial Banks?

a) Providing facilites for saving
b) Providing loan and credit facilities
c) Financing the government (purchase the government securities and treasury bills)
d) Providing other banking services eg. FOREX, REMITTANCE, FINANCING DOMESTIC &
INTERNATIONAL TRADE.

Commercial bank in Malaysia:-
(Own by Local Co.)

1.MAYBANK
2.CIMB BANK
3.RHB BANK
4.PUBLIC BANK
5.AFFIN BANK
6.OCBC BANK
7.HONG LEONG BANK
8.EON BANK
9.ALLIANCE BANK
10.AMBANK BERHAD


(Own by foreign co.)

1. BANGKOK BANK
2. BANK OF AMERICA
3. BANK OF CHINA
4. BANK OF TOKYO MITSUBISHI UFJ
5. CITIBANK
6. DEUTSCHE BANK
7. HSBC BANK
8. J.P MORGAN CHASE BANK
9. OCBC BANK
10. STANDARD CHARTERED BANK
11. THE BANK OF NOVA SCOTIA
12. THE ROYAL BANK OF SCOTLAND
13. UNITED OVERSEAS BANK