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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

News 2026-10-16 09:33 UTC

RHB Bank seeks more time for insurance deal talks with Tokio Marine

RHB Bank applied to BNM on October 16, 2026, for more time to conclude negotiations with Tokio Marine Asia. The parties have made meaningful progress on due diligence, key commercial terms and transaction documentation. The proposal, previously disclosed on May 11, 2026, involves disposing of up to 100% of RHB Insuranc