Malaysia’s MBSB agrees to buy Asian Finance Bank for 645m ringgit
[KUALA LUMPUR] Malaysia Building Society Bhd (MBSB) said it plans to acquire Asian Finance Bank (AFB) from its foreign shareholders for 645 million ringgit (S$207.8 million) in a deal that would give the non-bank lender a banking license. Malaysia Building Society said it had agreed with AFB’s shareholders – Qatar Islamic Bank, Financial Assets Bahrain, […]
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