Affin Bank Malaysia

Key details

• Launch: 1975

Overview

Affin Bank Malaysia is Malaysian commercial bank + KLSE: 5185 + Lembaga Tabung Angkatan Tentera LTAT Malaysian Armed Forces Fund + Sarawak State Financial Secretary + Malaysian retail + institutional + foreign investors free float + one of Malaysia's mid-sized commercial banks + founded 1975 in Kuala Lumpur Malaysia as Perwira Habib Bank then 1999 Affin Bank rebrand + 2005 Affin Bank-BSN Commercial Bank consolidation [1, my-cro].

History

1975 — Perwira Habib Bank founded in Kuala Lumpur Malaysia as Malaysian-Pakistani joint commercial bank by Lembaga Tabung Angkatan Tentera LTAT Malaysian Armed Forces Fund + Habib Bank Pakistan distinctive Malaysian banking heritage.

1999 — Affin Bank rebrand consolidating Perwira Habib Bank.

2005 — Affin Bank-BSN Commercial Bank consolidation completed.

Jun 11 2021 — Sarawak State Financial Secretary acquires controlling stake from Bank of East Asia Hong Kong.

2014 — AffinMobile Mobile banking app launch.

Ownership & operator

Operating entity: Affin Bank Berhad (Malaysian commercial bank; KLSE: 5185).

Major shareholders: Lembaga Tabung Angkatan Tentera LTAT (Malaysian Armed Forces Fund) + Sarawak State Financial Secretary + Malaysian retail + institutional + foreign investors free float.

Regulators: Bank Negara Malaysia BNM.

Technical integration

AffinMobile app (iOS + Android) + affinbank.com.my online + Affin Bank branch network across Malaysia + Affin Visa + Mastercard cards; DuitNow QR (Malaysian national QR payment scheme) + Malaysian Ringgit MYR domestic transfers.

Implementations & partners

Major Malaysian banking + payments competitors: [[maybank-malaysia]] (Maybank) + [[cimb-bank]] (CIMB Bank) + [[public-bank]] (Public Bank Berhad) + [[hong-leong-bank]] (Hong Leong Bank) + [[rhb-bank]] (RHB Bank) + [[ambank-malaysia]] (AmBank) + [[bank-islam-malaysia]] (Bank Islam Malaysia) + [[bank-rakyat]] (Bank Rakyat Malaysia) + duitnow-qr (DuitNow QR).

Regulators: Bank Negara Malaysia BNM.

Status

Active, Malaysian commercial bank + KLSE:5185 + Lembaga Tabung Angkatan Tentera LTAT Malaysian Armed Forces Fund + Sarawak State Financial Secretary + Malaysian retail + institutional + foreign investors free float + one of Malaysia's mid-sized commercial banks + founded 1975 in Kuala Lumpur Malaysia as Perwira Habib Bank then 1999 Affin Bank rebrand + 2005 Affin Bank-BSN Commercial Bank consolidation [1, 2].

Sources

• 1 Affin — official
• 2 Affin — Wikipedia
• my-cro In-corpus: reports/countries/MY-malaysia.md

Source

Biography extracted from affin-bank-malaysia.md. See matrix.md for standards-support matrix if present.