RHB poised for Japan expansion with Sumitomo MoU

RHB strengthened its position in Japan with its alliance with Sumitomo Mitsui Banking Corp.

An MoU has been signed by both banks.

RHB sees this MoU as one of the many proactive steps it is taking in enhancing its local and global strategic economic network.

The bank wants to establish a stronger foothold in the international arena as part of its strategy for business expansion with ever deepening economic ties between Japan and Malaysia, according to a report by thestaronline.

RHB Banking Group managing director Datuk Tajuddin Atan said strengthening and reinvigorating its existing strategic alliance was worth every penny from a business perspective.

RHB said the cooperation would improve the group's risk-taking capacity, which covers various areas, including cash management, trade finance and corporate banking, and help to develop new domestic and cross-border businesses in areas such as structured finance, debt capital markets, securities and investment banking.

Follow the link for more news on

Also Read

CIMB launches 6-year roadmap to enhance operations

Deutsche Bank, Yonyou ink MOU to enhance treasury management services

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit