This is a list of financial institutions in Malaysia.

Central Bank

Top largest banks in Malaysia

List of Malaysian banks by Total Assets as of 31 March 2020[1]

Ranking Bank Total assets (RM bil) Total equity (RM bil)
1 Maybank 834.413 84.069
2 CIMB Group Holdings 585.813 55.813
3 Public Bank Berhad 438.394 44.494
4 RHB Bank 257.768 26.083
5 Hong Leong Bank 216.715 26.373
6 AmBank 169.203 19.560
7 UOB Malaysia 120.127 11.263
8 Bank Rakyat 109.477 19.420
9 OCBC Bank Malaysia 96.120 8.390
10 HSBC Bank Malaysia 86.532 10.901
11 Bank Islam Malaysia 75.366 6.661
12 Affin Bank 67.209 9.241
13 Alliance Bank Malaysia Berhad 60.975 5.989
14 Standard Chartered Bank Malaysia 50.761 5.317
15 MBSB Bank Berhad 48.685 6.418
16 Citibank Malaysia 43.442 5.279
17 Bank Simpanan Nasional (BSN) 38.714 3.678
18 Bank Muamalat Malaysia Berhad 24.297 2.441
19 Agrobank 16.887 3.140
20 Al-Rajhi Malaysia 6.788 0.739
21 Co-op Bank Pertama 4.290 1.006

Malaysian national nationwide banks

Commercial banks

List of foreign banks (commercial)

List of Licensed Banking Institutions in Malaysia (commercial) in alphabetical order

List of banks with marketing and representative offices in Malaysia

List of offshore banks and branches in Labuan (licensed and regulated by Labuan Financial Services Authority)

Investment banking arm (wholesale banking)

Investment banks (full list)

Merchant bank

There is none as all previous ones have been converted or merged into investment banks.

Other types of banks

18 Islamic banks (local and foreign) (full list)

Development financial institutions (government-owned banks) (full list)

Discount house

There is none as all previous ones has been transformed into investment bank

Moneybrokers (full list)

Other financial institutions (full list)

List of credit cards, charge cards, debit cards and prepaid cards issuers

Credit cards issuers

(i) denotes Islamic Only facilities.

Charge cards issuers

Bank Issuer Charge Card Endorser
Diners Club (Malaysia) Sdn Bhd* Diners Club*
Maybank Berhad American Express

* Left the Malaysian market[3]

Malaysia debit card issuers

Bank Issuer MEPS ATM Main brand Co-brand
Al-Rajhi Islamic Bank MEPS Visa Electron Musafir-Hajj (SAR)
Affin Bank MEPS Mastercard MyDebit
Affin Islamic MEPS Mastercard MyDebit
Alliance Bank MEPS Mastercard Maestro, MyDebit
AmBank MEPS Mastercard MyDebit
Bank Islam MEPS Visa Electron MyDebit
Bank of China (Malaysia) - Mastercard, Unionpay
Bank Muamalat Malaysia Bhd MEPS Mastercard MyDebit
Bank Rakyat MEPS Mastercard MyDebit
Bank Simpanan Nasional MEPS Visa Electron MyDebit
CIMB Bank MEPS Mastercard MyDebit
Citibank MEPS Mastercard MyDebit
Hong Leong Bank MEPS Mastercard MyDebit
HSBC Bank MEPS Visa MyDebit
ICBC Malaysia MEPS UnionPay
Kuwait Finance House MEPS Visa Electron -
MayBank MEPS Visa, Mastercard MyDebit
MBSB Bank MEPS Visa MyDebit
OCBC Bank MEPS Mastercard MyDebit
Public Bank MEPS Visa, Unionpay, Mastercard MyDebit
RHB Bank MEPS Visa, Mastercard MyDebit
Standard Chartered Bank MEPS Mastercard MyDebit
United Overseas Bank MEPS Mastercard MyDebit

So far Al-Rajhi Visa card BIN allows online purchases for flights and US purchases. Restricted for non-Halal uses such as Casino, Pub etc. Can be used at Genting Resorts.
E-MasterCard is the electronic Mastercard (non-embossed). It may be personalised.
NETS is the Network for Electronic Transfer System in Singapore for EFTPOS. ATM roaming use only.
All banks are BERHAD (Public Limited Company) except Bank Rakyat and BSN which are Coop and government entities respectively. Most mainline banks are now members of MEPS ATM. Withdrawal charges normally are about RM1 for major banks except where stated (as much as RM5 each time). All Visa card are non-embossed type except for Citibank Ready Credit accounts. Bank Rakyat, Muamalat, OCBC Bank do not co-brand their cards except for ATM use only. Maybank has the largest capitalisation in Malaysia in June 2018.

Central Bank of Malaysia expects all debit cards issued in Malaysia to be co-branded with the local network 'MyDebit' latest by the year 2017.[4]

Prepaid card issuers

Bank issuer Prepaid card endorser Cost for starter pack Cost to maintain
Merchantrade Asia Visa RM100 RM10 per annum.
AEON Credit Service Mastercard RM25 Free
Alliance Bank Mastercard (DIGI Simple MasterCard) Nil (for DiGi subscriber) Nil*
AmBank Berhad Mastercard (NextG) RM25 RM3 per month*
Bank of China (Malaysia) UnionPay RM25 (For Chinese Yuan Card), usable overseas and charged in Chinese Yuan for every purchase. MYR Prepaid card is available again through the bank.
Bank Islam Berhad Mastercard RM50 Free but up to 3 years*
CIMB Bank Malaysia Mastercard RM10 RM10 per annum (Launched in conjunction with Lazada)
Maybank American Express RM15 RM6 per annum. Shell easiGo.
Maybank Visa RM20 RM6 per annum. Manchester United Card
RHB Bank Berhad Visa RM24 RM24 per annum.
RHB Bank Berhad Visa RM24 RM24 per annum. In partnership with Sogo Malaysia.
BigPay Malaysia Mastercard RM10 (Waived if performed an initial reload of RM20) Waived unconditionally

* No longer available

Other (skl-banking) skl-owned financial related organisations

Affiliates

Other private financial institutions

Licensed Money Lenders

Defunct, merged, acquired or renamed banks

(more to come)

Securities Commission skl related licensed intermediaries (Stock Broking related firms)

80 Licensed Fund Managers (+ Futures Fund Managers) ('full list)

16 Licensed Futures Brokers (full list)

37 Licensed Dealers (full list)

96 Licensed Investment Advisers (+ Financial Planner) (full list)

85 Corporate

16 Individual

49 Registered Ventures Capital Corporations (full list)

42 Registered Ventures Capital Management Corporations (full list)

List of Defunct Securities Commission related licensed intermediaries

(more to come)

Investment-Link funds (Insurance companies - Takaful included)

8 Life and General Businesses(full list)

8 Life Businesses(full list)

26 General Businesses(full list)

1 Life and General Reinsurance Businesses (full list)

1 Life Reinsurance Businesses (full list)

4 General Reinsurance Business (full list)

12 Takaful Operators (full list)

Defunct Insurance companies

(More to come)

See also

References

  1. ^ "Relbanks list". Retrieved 15 July 2015.
  2. ^ http://www.thestar.com.my/business/business-news/2016/11/02/ccb-gets-banking-licence/ Bank gets licensed in Malaysia
  3. ^ "Announcement from "Diners Club International"".
  4. ^ http://www.bnm.gov.my/documents/conference_vol/2014_PaymentSystem/The%20Future%20of%20Debit%20Card%20in%20Malaysia%20by%20Tay%20Gim%20Soon%20(on%20behalf%20of%20Peter%20Schiesser).pdf page 18