Which bank is the best in Malaysia?

Is CIMB better than Maybank?

Operating profit-wise, Maybank Bhd has achieved approximately RM 10.8 billion while CIMB Bhd is at approximately RM 7.2 billion. The operating profit gap between Maybank Bhd and CIMB Bhd is significantly closer than the revenue gap, due to the fact that CIMB Bhd has lower overheads expense compared to Maybank Bhd.

Which is the safest bank in the world?

World’s safest banks

Rank Bank Country
1 KfW Germany
2 Zuercher Kantonalbank Switzerland
3 Landwirtschaftliche Rentenbank Germany
4 L-Bank Germany

What documents do I need to open a bank account in Malaysia?

Documents needed to open a bank account in Malaysia

  • Resident permit or MM2H visa docs.
  • Employment details, such as a letter from the employer or other proof of business activity.
  • Photo ID (e.g. passport)
  • A minimum deposit which is set by the bank depending on the type of account.

How many bank is in Malaysia?

The Malaysian banking sector consist of 27 commercial banks (including 19 licensed foreign banks), 11 investment banks, 18 Islamic banks as well as non-bank financial institutions.

Which online banking is the best in Malaysia?

The Best Digital Banks in Malaysia

  • CIMB Bank. DIGITAL SERVICES. Account applications, Partner Pay, DuitNow QR,Bills/cards/loans payments, Investments, Money transfer, Check account balance. …
  • HSBC Malaysia. SERVICES. …
  • Maybank2u Malaysia. SERVICES. …
  • Alliance Bank Malaysia. SERVICES. …
  • OCBC Bank Malaysia. SERVICES.
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