“Malaysia needs a mega Islamic bank to internationalise Islamic Finance. But, we do not want a mega bank for the sake of having one."
KUALA LUMPUR, Sept 2 — Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz says the creation of a mega Islamic bank should serve the objective of supporting international trade and cross-border investment activities.
“Malaysia needs a mega Islamic bank to internationalise Islamic Finance. But, we do not want a mega bank for the sake of having one.
“That is why we would like (to have) a mega bank which has the scale and ability to do that,” she told reporters after officiating the Global Islamic Finance Forum (GIFF) 2014 here today. Zeti said large institutions, through the mega bank, would expand the national economy via internationalisation, as well as, enhance financial and economic connectivity with other countries.
She was commenting on the license for the proposed mega Islamic bank by CIMB Group, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB). - See more at:Malaysia Insider
Mega Islamic bank’s creation should meet objective, says Zeti
“Malaysia needs a mega Islamic bank to internationalise Islamic Finance. But, we do not want a mega bank for the sake of having one.
“That is why we would like (to have) a mega bank which has the scale and ability to do that,” she told reporters after officiating the Global Islamic Finance Forum (GIFF) 2014 here today. Zeti said large institutions, through the mega bank, would expand the national economy via internationalisation, as well as, enhance financial and economic connectivity with other countries.
She was commenting on the license for the proposed mega Islamic bank by CIMB Group, RHB Capital Bhd and Malaysia Building Society Bhd (MBSB). - See more at:Malaysia InsiderMega Islamic bank’s creation should meet objective, says Zeti
