Launch Partners

Launch Partners

5 banks eyeing KFH Malaysia, The Edge reports

MALAYSIA: The Malaysian assets of Kuwait Finance House (KFH) are being considered by two foreign banks and three locals, reported The Edge. While Affin Bank was said to be keen, others like Maybank Islamic, CIMB Islamic Bank and Al-Rajhi Bank Malaysia aren’t bidding, the paper reported. KFH’s retail portfolio for sale is seen as small, valued at RM2.5 billion (US$606,675). 

Categories:

Restricted Access

Subscribe NOW and get:

  • Gain unlimited access through all key operating platforms
  • Full access to all listed Islamic funds & fund profiles
  • Unlimited access to all Islamic fund managers
  • Access to all exclusive articles, reports, podcasts & videos
  • Complimentary access to all IFN Investor Forums
Subscribe Now

Suggested for you