Tripartite merger may spur M&A spree
- 7 years ago
Hong Leong Investment Bank (HLIB) said, the proposed tripartite merger involving CIMB Group Holdings, RHB Capital and non-bank lender, Malaysia Building Society, may spur interest in mergers and acquisitions among other banks.
It said alliance financial group is a potential candidate, given that it is among the smallest banks but with high asset quality and capital ratio.
It said alliance financial group is a potential candidate, given that it is among the smallest banks but with high asset quality and capital ratio.