The Malaysian incorporated commercial bank that we decide to choose is Hong Leong Bank Berhad. Hong Leong Bank Berhad (HLB) is a type of company that engaged regional financial services in Malaysia. In 1905, HLB was originally a company in Kuching, Sarawak which is a Kwong Lee Mortgage and Remittance Company and renamed as Kwong Lee Bank Limited in 1934, after that MUI Group acquired the bank in 1982 and after 7 years it renamed as MUI Bank. MUI Bank acquired by Hong Leong Group and the name change to Hong Leong Bank Berhad in 1994 and at the same year, it was listed on Bursa Malaysia.
In 2011, HLB had become fifth largest banking group because HLB acquired the EON Bank Group. In 2004, HLB was operated its branch in Hong Kong and provided Treasury and some wealth management to the Hong Kong’s customer and HLB also offer the Islamic banking services to the customers. In 2008, HLB held 20% strategic shareholding of Chengdu Co. and come into Chinese banking sector and HLB obtained a license to operate a wholly-owned commercial bank in Vietnam (2008) and Cambodia (2013). Nowadays, the headquarters of HLB is in Bukit Damansara, KL while HLB has about 320 branches and the areas served by HLB are including Malaysia, Singapore, Hong Kong, China, Vietnam, and Cambodia.
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HLB is more concentrated on the technology and growth of financial capabilities in order to minister its customers well. The products and service that provide by HLB are personal financial services, global market, business and corporate banking, Islamic banking, online banking, mobile banking and so on.