Daily Express
INDEPENDENT NATIONAL NEWSPAPER OF EAST MALAYSIA
Established since 1963
HLISB completes M'sia's first Islamic Bank vesting

Published on: Tuesday, November 01, 2011

Kuala Lumpur: Hong Leong Islamic Bank (HLISB) has completed Malaysia's first vesting of an Islamic Bank with Eoncap Islamic Bank Bhd (EIBB), following the recent integration between its parent-bank, Hong Leong Bank Berhad and EON Bank Berhad.

"Our teams have worked tirelessly to ensure a speedy integration to allow us to realise synergy value from this unprecedented, trailblazing corporate exercise," said HLISB chief executive officer, Raja Teh Maimunah Raja Abdul Aziz.

In a statement here Monday, HLISB said all former EIBB branches will be re-designated as Hong Leong Islamic Bank branches.

This, effectively allows customers from both banks, to conduct banking transactions at all branches. - Bernama