Hong Leong Bank Berhad started its humble beginnings in 1905 in Kuching, Sarawak, Malaysia under the name of Kwong Lee Mortgage and Remittance Company and later in 1934, incorporated as Kwong Lee Bank Limited. In 1989, it was renamed MUI Bank, operating in 35 branches. In January 1994, the Group acquired MUI Bank through Hong Leong Credit Berhad (now known as Hong Leong Financial Group Berhad). This milestone saw the birth of Hong Leong Bank and in the same year in October, Hong Leong Bank was listed on the Kuala Lumpur Stock Exchange.
Hong Leong Group Malaysia (the Group) is one of the largest business groups in Malaysia and internationally. The strong foundation and solid growth of the Group is attributed to the Power of Vision – the Vision of its Chairman and Chief Executive Officer, Tan Sri Quek Leng Chan. Today the Vision is manifested and entrenched in the Group’s corporate culture, which is fi rmly rooted on the Group’s core values of Quality, Entrepreneurship, Innovation, Honour, Human Resource, Unity, Progress and Social Responsibility.
The Company is engaged in commercial banking business and in the provision of related services. The Company provides services in personal financial services, business banking and trade finance, treasury, branch and transaction banking, wealth management, investment banking, private banking and Islamic financial services. The Company’s business segments include Group Consumer Banking, Group Business Banking, Global Markets, Investment Banking, Overseas Associate and Overseas Joint Controlled Entity. Group Consumer Banking focuses on servicing individual customers and small businesses. Group Business Banking focuses mainly on corporate customers. Global Markets refers to the Group’s treasury and capital market operations. On February 18, 2013, Hong Leong Bank (Cambodia) PLC was incorporated.
Leadership/Management Style
On June 16, 2011, Hong Leong Bank Berhad (“HLBB”) announced a new organizational structure for the