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News 2026-10-16 10:48 UTC

RHB Bank seeks BNM extension for insurance deal talks

RHB Bank applied to BNM on Oct. 16, 2026, for more time to conclude insurance deal negotiations with Tokio Marine Asia. The proposal includes disposing of up to 100% of RHB Insurance. * Integration with Tokio Marine Insurans (Malaysia) would give the bank up to 35% of the combined entity. Disclaimer: This news brief wa