+ Issue Date : 23/11/2013
+ Classification : Postage Stamp
+ Emission : Commemorative
+ Designer : World Communications Network Resources (M) Sdn Bhd
+ Printer : Chan Wanich Security Printing Company Limited, Thailand
+ Printing : Lithography
+ Perforations : 14
+ Separations : Normal Perforations
+ Gum Type : Gum
+ Shape : Rectangular
Date of Issue: 23-Nov-2013
Date of Sale: 25-Nov-2013
Paper: Stamp Paper With Silver Print
RHB Bank has created history by being the first bank in Malaysia to be featured in a commemorative stamp collection in conjunction with its 100th anniversary celebrations.
RHB Capital (RHB Banking Group) was incorporated in Malaysia as a public limited company on 24 August 1994 under the name of DCB Holdings Berhad. It assumed its present name on 16 June 1997. RHB Capital was listed on the Main Board (now known as "Main Market") of Bursa Malaysia Securities Berhad on 29 December 1994, replacing DCB Bank Berhad (now known as RHB Bank Berhad ("RHB Bank"), pursuant to a restructuring scheme undertaken in 1994.
In 1996, Rashid Hussain acquires a 75% stake in Kwong Yik Bank Berhad. A year later, a merger between Kwong Yik Bank Berhad and DCB Bank Berhad formed RHB Bank, which made it as Malaysia's third largest financial services group. RHB Bank is one of the main subsidiaries under the RHB Banking Group and recently celebrates its 100th Anniversary on 15 July 2013. As of 2013, RHB Bank has over 194 branches in Malaysia, 21 branches in Singapore, 2 branches in Thailand, and 1 branch in Brunei and Vietnam.
A wholly owned subsidiary of RHB Capital, RHB Bank Berhad is a result of three mergers –with Kwong Yik Bank Berhad, Sime Bank Berhad and Bank Utama (Malaysia) Berhad in 1997, 1999 and 2003. It’s key milestones through the mergers are as follows:
(i) Kwong Yik Bank Berhad was established in 1913 in Kuala Lumpur, making it Malaya's first local bank. In 1997, Kwong Yik Bank Berhad merged with DCB Bank Berhad, making it the country's biggest ever banking merger at that time.
(ii) The United Malayan Banking Corporation Berhad ("UMBC") was set up in 1959 and subsequently became the first commercial bank to be established in independent Malaya when it was officially declared open in 1960. In 1996, UMBC became
(iii) part of Sime Darby Berhad and was renamed Sime Bank Berhad. In 1999, it merged with RHB Bank and became part of RHB Banking Group.
(iv) Bank Utama was incorporated in 1976. In 1998, Bank Utama merged its business operations with that of Kewangan Utama Berhad. In 2003, RHB Bank merged with Bank Utama.
