Alliance Bank Malaysia
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![]() Alliance Bank's headquarters in Kuala Lumpur, Malaysia | |
Company type | Public limited company |
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MYX: 2488 | |
ISIN | MYL2488OO004 |
Industry | Banking & Financial Services |
Founded | 1982 |
Headquarters | Menara Multi-Purpose, Capital Square 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur , |
Key people |
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Products | Consumer Banking
Business Banking Corporate & Transactional Banking Islamic Banking Group Financial Markets |
Services | Banking & Financial Services |
Revenue | RM2.02 Billion |
Number of employees | Approx. 4,000 |
Subsidiaries |
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Website | alliancebank |
Alliance Bank Malaysia Berhad (“Alliance Bank” or “the Bank”) is a dynamic, integrated financial services group offering fast, simple and responsive banking and financial solutions through its consumer banking, SME banking, corporate and commercial banking, and Islamic banking businesses.
Background
[edit]Alliance Bank was incorporated in Malaysia on 3 August 1982 under the name of Malaysian French Bank Berhad. In 1996, it assumed the name of Multi-Purpose Bank Berhad. Following the successful merger of seven financial institutions in January 2001, the Bank assumed its present name.
In September 2017, the Bank was listed on the Official List of the Main Market of Bursa Malaysia Securities Berhad by assuming the listing status of its then holding company, Alliance Financial Group Berhad upon the completion of a corporate reorganisation exercise.
Today, the Bank provides fast, simple and responsive services that meet the needs of its customers via multi-pronged delivery channels which include nationwide retail branches and Privilege Banking Centers, as well as digital, mobile and internet banking.
Business
[edit]Consumer Banking
[edit]Alliance Bank offers full-fledged consumer banking services across its operations in Malaysia providing an extensive range of personal banking solutions which includes deposits, loans, personal finance, credit cards, wealth management, structured investments, and retail bonds.
Business Banking
[edit]- The SME & Commercial banking segment offers businesses a span of credit facilities, trade finance, foreign exchange, bancassurance, and transaction-related products. Going beyond traditional banking, it also provides financial education for SMEs, delivered in partnership with others
- Digital SME provides a full suite of relevant and convenient digital solutions for smaller SMEs such as business credit and/or debit cards, digital loan financing, overdraft line, Alliance Digital SME Startup Financing and BizSmart® Solution; a one-stop portal that offers digital marketing tools, logistics services as well as accounting and data analytics.
Corporate & Transaction Banking
[edit]The Corporate & Transaction banking segment offers corporate and business clients a wide range of products and services including credit facilities, liquidity management, cash management and trade financing.
Islamic Banking
[edit]Alliance Islamic Bank (“AIS”) is one of the few domestic Islamic banks that offers wide range of Shariah-compliant financing, deposits and transaction services for consumers as well as a full suite comprehensive corporate and capital markets solutions to serve business clients.
Group Financial Markets
[edit]Group Financial Markets operates under four main pillars: Funding and Investments, Trading, Client Based Servicing and Middle Office, and Asset Liability Management Support. The segment focuses on providing customers with foreign exchange, money market, hedging and investment solutions.
See also
[edit]References
[edit]1.“Alliance Bank 2024 Annual Report" (PDF).