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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Banks will merge when competition gets hotter

Posted on 23 July 2010

From Btimes.com.my: Bank Negara Malaysia (BNM) is right not to force local banks to merge as they will do so on their own once competition heats up in an increasingly liberalised market, says a banking expert from PricewaterhouseCoopers (PwC).
Banks aren’t seriously considering merging as yet as they haven’t really felt the full heat of the sector’s liberalisation, he said……………………………………….Full Article: Source

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