Table of Contents Table of Contents
Previous Page  86 / 260 Next Page
Information
Show Menu
Previous Page 86 / 260 Next Page
Page Background

84

BANK OF CHINA

With a history spanning over 100 years, Bank

of China (Hong Kong) or BOCHK is the leading

commercial banking group in Hong Kong with

strong market positions in all major businesses.

BOCHK has an extensive branch network and

diverse service platforms in Hong Kong, including

more than 190 branches, 280 ATMs, over 1,000

self-service machines, as well as Internet and

mobile banking services. The bank offers a

comprehensive range of financial, investment

and wealth management services to personal,

corporate and institutional customers.

BOCHK has a prominent presence in the

Southeast Asian region, with branches and

subsidiaries in Thailand, Malaysia, Vietnam,

the Philippines, Indonesia, Cambodia, Laos and

Brunei Darussalam.

In December 2016, BOCHK officially opened its

branch in Brunei, serving as the first Chinese

financial institution to establish its footprint in

the country.

The establishment of a BOCHK branch in Brunei

signifies the country’s strong bilateral relations

with China, especially in trade and finance. It also

illustrated BOCHK’s efforts to expand into the

ASEAN market, a key region in China’s One Belt,

One Road (OBOR) initiative.

Located in the Kiarong Jaya Complex, the

BOCHK Brunei branch offers corporate banking,

syndicated loan, RMB, cash management, trade

finance, non-banking, public sector and personal

banking services.

MAYBANK

Malaysia’s largest financial institution Maybank

is ranked among the top five banks in Southeast

Asia, with total assets of more than USD150

billion. Maybank has an international network of

over 2,200 branches and offices in 20 countries,

employing 46,000 employees who serve over 22

million customers.

The Maybank Group offers a comprehensive

range of products and services that include

commercial banking, investment banking, Islamic

banking, offshore banking, leasing and hire

purchase, insurance, factoring, trustee services,

asset management, stock broking, nominee

services, venture capital and Internet banking.

Maybank commenced operations in Brunei

Darussalam as its first overseas unit in November

1960. The bank provides full retail and commercial

banking products and services. Over the years,

Maybank Brunei has continued to thrive and

sustain its success in the face of a challenging

economic climate. The bank won Best Small and

Medium Enterprise (SME) Bank Brunei in 2017,

awarded by Capital Finance International, UK.

In 2017, Maybank Brunei was awarded the

Fastest Growing Foreign Bank in Brunei by the

Global Banking and Finance Review, UK for the

third consecutive year.

UNITED OVERSEAS BANK

Founded in 1935, United Overseas Bank (UOB) has

charted steady growth over the years to establish

itself as a leading bank in Asia with more than

500 offices across Asia Pacific, Western Europe

and North America. Its asset management arm,

UOB Asset Management, is one of Singapore’s

most awarded fund managers with a growing

regional presence.

UOB is rated among the world’s top banks,

with a rating of Aa1 from Moody’s and AA from

Standard & Poor’s respectively. The bank provides

a wide range of financial services including

personal financial services, private banking,

commercial and corporate banking, investment

banking, corporate finance, capital market

activities, treasury services, futures broking,

asset management, venture capital management,

insurance and stockbroking services.

In 1974, UOB started its operations in Brunei

Darussalam under Overseas Union Bank. The

bank opened its second branch in Kuala Belait

in 1984. The two branches took on UOB’s

name when Overseas Union Bank merged with

UOB in January 2002. On October 1, 2005, the

bank relocated its branch office in Bandar Seri

Begawan.

In 2015, UOB Brunei divested its retail banking

business. Since then, their focus as a bank is in

wholesale banking, onboarding and providing

banking services and facilities such as current

accounts, time deposits, remittance services,

overdraft, trade finance, term loans, working

capital and project financing facilities, loan

syndication and transaction banking.

UOB Brunei was named Brunei International

Project Finance Bank of the Year 2019 at the Asian

Banking & Finance Corporate and Investment

Banking Awards. The UOB Group received a total

of 13 awards at the combined awards ceremony.

RHB

As a subsidiary of RHB Banking group, RHB

Bank Berhad is Malaysia’s oldest bank with

the incorporation of the Kwong Yik (Selangor)

Banking Corporation (Kwong Yik Bank) in July

1913.

Following the Group Corporate Restructuring Plan,

RHB Bank Berhad is now the ultimate holding

company of the RHB Banking Group effective

June 2016. It has been listed on the main market

of Bursa Malaysia Securities Berhad on June

28, 2016, in place of RHB Capital Berhad, the