Malaysia is a southeast Asian country and its capital city is Kuala Lumpur. Malaysia is a multi-religious and multi-racial country. It is one of the richest and developed countries in Asia. The country got independence on 31st August 1957. Malaysia’s border countries are Indonesia, Singapore, Thailand and Brunei. Malaysian official languages are Malay but English, Tamil, and Chinese/Cantonese language are available.

The Malaysian economy is called the third-biggest economy in southeast Asia and it is a middle-income country. In southeast Asia, Banks in Malaysia are the biggest sector. Bank Negara Malaysia is the central monetary authority of Malaysia which is governed by the Malaysian Government. Bank Negara Malaysia was established in 1959 and it is responsible for promoting currency and price stability.

Read Also: List of Banks in Singapore

Bank Negara Malaysia

Bank Negara Malaysia (BNM) is the central bank of Malaysia. It is the controller of all banking institutions. Its main purpose is to issue currency and distribute to all other banks and act as banker and adviser to the Government of Malaysia.

Headquarters:       Kuala Lumpur, Malaysia
Established:          26 January 1959
Governor:             Nor Shamsiah Mohd Yunus
Central bank of    Malaysia
Currency:              Malaysian ringgit
Website:               www.bnm.gov.my

Top Largest Banks in Malaysia

These are the top largest and main Banking institutions in Malaysia.

• Maybank
• CIMB Bank
• Public Bank Berhad
• RHB Bank
• Hong Leong Bank
• AmBank
• UOB Malaysia Bank
• Bank Rakyat
• OCBC Bank Malaysia
• HSBC Bank Malaysia
• Affin Bank
• Bank Islam Malaysia
• Standard Chartered Bank Malaysia
• CitiBank Malaysia
• Bank Simpanan Nasional (BSN)
• Bank Muamalat Malaysia Berhad
• Alliance Bank
• Agrobank
• Al-Rajhi Malaysia
• MBSB Bank Berhad
• Co-op Bank Pertama

Commercial Banks of Malaysia
These are the licensed Commercial Banking Institutions in Malaysia.

• Affin Bank Berhad
• Alliance Bank Malaysia Berhad
• AmBank (M) Berhad
• CIMB Bank Berhad
• Hong Leong Bank Berhad
• Malayan Banking Berhad
• Public Bank Berhad
• RHB Bank Berhad

Foreign Commercial Banks in Malaysia
These are the licensed Foreign Commercial Banking Institutions in Malaysia.

• BNP Paribas Malaysia Berhad
• Bangkok Bank Berhad
• Bank of America Malaysia Berhad
• Bank of China (Malaysia) Berhad
• Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad
• China Construction Bank (Malaysia) Berhad
• Citibank Berhad
• Deutsche Bank (Malaysia) Berhad
• HSBC Bank Malaysia Berhad
• India International Bank (Malaysia) Berhad
• HSBC Bank Malaysia Berhad
• India International Bank (Malaysia) Berhad
• Industrial and Commercial Bank of China (Malaysia) Berhad
• J.P. Morgan Chase Bank Berhad
• Mizuho Bank (Malaysia) Berhad
• OCBC Bank (Malaysia) Berhad
• Standard Chartered Bank Malaysia Berhad
• Sumitomo Mitsui Banking Corporation Malaysia Berhad
• The Bank of Nova Scotia Berhad
• United Overseas Bank (Malaysia) Bhd.

Banks with Marketing and representative Offices
These are the lists of Banks with Marketing and representative Offices in Malaysia

• National Bank Limited
• The Bank of Tokyo-Mitsubishi UFJ Limited
• The Bank of New York Mellon Limited
• Credit Suisse Limited
• Middle East Investment Bank LTD
• DBS Bank Limited
• National Australia Bank Limited
• The Royal Bank of Scotland Limited
• Wells Fargo Bank Limited
• Zamora Trading Limited

Offshore banks & branches in Labuan

These are the offshore banks & branches in Labuan, Malaysia.

• Aminternational (Labuan) Ltd (Labuan Branch)
• AmMerchant Bank Berhad
• Asian Trade Investment Offshore Bank (Labuan)
• Bank Islam Malaysia Berhad, (Labuan Offshore Branch)
• Bank Muamalat Malaysia Berhad, (Labuan Offshore Branch)
• Bank of America National Association Berhad, (Labuan Branch)
• The Bank of East Asia Ltd (BEA) (Labuan Branch)
• The Bank of Nova Scotia (Labuan Branch)
• The Bank of Tokyo-Mitsubishi UFJ Limited (Labuan Branch)
• Barclays Bank PLC (Labuan Branch)
• BNP Paribas (Labuan Branch
• Calyon (Labuan Branch)
• Capital Investment Bank Limited (Labuan)
• Cathay United Bank (Labuan)
• Consolidated Credit(S)Berhad
• CIMB Bank (L) Limited
• Citibank Malaysia (L) Limited (Labuan)
• City Credit Investment Bank Limited (Labuan)
• Commercial IBT (Labuan Branch)
• Credit Suisse (Labuan Branch)
• DBS Bank Limited (Labuan Branch)
• Deutsche Bank AG (Labuan Branch)
• Dresdner Bank AG (Labuan Branch)
• ECM Libra Investment Bank Limited (Labuan)
• First East Export Bank (P.L.C) (FEEBANK)
• The Hong Kong and Shanghai Banking Corporation Limited Offshore Banking Unit (Labuan)
• ING Bank NV (Labuan Branch)
• The Mega International Commercial Bank (Labuan Branch)
• J.P. Morgan Malaysia Ltd (Labuan)
• J.P. Morgan Chase Bank National Association (Labuan Branch)
• KBC Bank NV (Labuan Branch)
• Kuwait Finance House Labuan Berhad (Labuan Branch)
• Lloyds TSB Bank PLC (Labuan Branch)
• Middle East Investment Bank LTD
• Mizuho Bank Ltd (Labuan Branch)
• Macquarie Bank Limited (Labuan Branch)
• Morgan Stanley Labuan Investment Bank Limited (Labuan Branch)
• Natexis Banques Populaires (Labuan Branch)
• OSK Investment Bank (Labuan) Limited (Labuan)
• OCBC Bank Limited (Labuan Branch)
• Public Bank (L) Limited (Labuan)
• Rabobank Nederland (Labuan Branch)
• RHB Bank (L) Ltd (Labuan)
• The Royal Bank of Scotland PLC (Labuan Branch)
• RUSD Investment Bank Inc (Labuan)
• Schroders Malaysia (L) Berhad (Labuan)
• Societe Generale (Labuan Branch)
• Sumitomo Mitsui Banking Corporation (Labuan Branch)
• UBS AG (Labuan Branch)
• United Overseas Bank Limited (Labuan Branch)
• Industrial and Commercial Bank of China (Labuan Branch)

For those who consider a career in the banking sector in Malaysia, this is the top list of banks in Malaysia is very helpful on where to start. To get more information, please refer to our list of financial institutions in Malaysia.

Maybank Malaysia Maybank was established in 1960 and its headquarters is located in Kuala Lumpur. In terms of assets and market value, Maybank is the biggest bank in the country. Not only that it is also the biggest bank in Southeast Asia. The bank achieved the 95th award among the top 1000 banks in the world. It is also the fifth-biggest Islamic bank in the world in terms of assets.

Public Bank Berhad The bank was established in 1966 and its headquarters is located in Kuala Lumpur. In Southeast Asia, Public Bank Berhad is one of the biggest banks. The bank provides investment banking, commercial banking, Personal banking, Islamic banking, sales and management stock brokerage and insurance for its customers.

Hong Leong Bank Kuala Lumpur based Hong Leong Bank is one of the biggest banks in Malaysia was established in 1905. The bank provides banking services to its customers in several countries Singapore, Hong Kong, Vietnam, Cambodia, China and the United States. The bank provides real estate, manufacturing, financial services and infrastructure development services and it is a part of Hong Leong Group.

RHB Bank The RHB Islamic Bank Berhad is the fourth largest bank in Malaysia and the bank was established in 2005 by the name RHB Banking Group. There are 11,655 employees who are serving the nation through 280 branches across the country. The bank also serves Vietnam, Thailand, Singapore, Cambodia, Brunei, Laos, Indonesia and Hong Kong.

HSBC Bank Malaysia Berhad The bank is the biggest foreign-owned Islamic bank in the country. The bank was established in 1994 and serving the nation through 60 branches. The bank provides commercial banking, personal banking and Islamic financial services.

These are the best and selected banks in Malaysia. You can visit the site to gather more information. All links and official information are included herewith.