Hong Leong Bank

When you think of the Hong Leong Group in Malaysia, you probably think of Hong Leong Bank Berhad (“Hong Leong Bank” or “Bank”), a public listed business on BursaMalaysia (“the Group”). The Group has been providing banking services through its Malaysian subsidiary, Hong Leong Finance Berhad, and its Hong Kong subsidiary, Dao Heng Bank Ltd., since 1968 and 1982, respectively. The ownership of Dao Heng Bank Ltd. has changed hands.

Originally founded in 1905 as the Kwong Lee Mortgage and Remittance Company in Kuching, Sarawak, Malaysia, Hong Leong Bank changed its name to Kwong Lee Bank Ltd. in 1934. They rebranded as MUI Bank in 1989 and expanded to 35 locations. The Group, via Hong Leong Credit Berhad, purchased MUI Bank in January 1994. (now known as Hong Leong Financial Group Berhad). This momentous event marked the beginning of Hong Leong Bank, which was subsequently listed on the Kuala Lumpur Stock Exchange in October of the same year it was founded (now known as Bursa Malaysia).

The Hong Leong Group is a Malaysian conglomerate that ranks among the world’s largest. It is Tan Sri Quek Leng Chan’s vision as Chairman and Chief Executive Officer of the Group that has been responsible for its robust beginnings and steady expansion. The Group’s fundamental principles of Quality, Entrepreneurship, Innovation, Honour, Human Resource, Unity, Progress, and Social Responsibility serve as the foundation for the Group’s corporate culture, which today exemplifies and deeply embeds the Vision.

The Group’s “Reaching Out to You” programme helps to firmly establish the company in the local community. The Group is positioned favourably as an integrated financial services provider thanks to Hong Leong Financial Group Berhad, which includes Hong Leong Bank, Hong Leong Assurance, and Hong Leong Investment Bank.