Kwong Yik Bank
From Southeast Asia
Kwong Yik (Selangor) Bank is a Kuala Lumpur-based bank that was formed on July 15, 1913 by Cantonese promoters who were prominent members of the Chinese community, just like the Kwong Yik Bank in Singapore for which it was named after. The two banks, however, are not related.
2. The founding directors were Cheong Yok Choy (chairman), Chan Wing, San Ah Wing, Chew Kam Chuan, Leong Yan Tuck, and Liew Wing Chee. Loke Yew was believed to have played a leading role in its establishment but did not officially come on board as a director until September 1916.
3. On July 1, 1997 (subsequent to the Asian Financial Crisis), Kwong Yik Bank was merged with DCB Bank (Development and Commerce Bank, also formerly known as D&C Bank) to form RHB Bank Berhad (also known as the Rashid Hussein Bank).