BRANCH BANKING | Cesar Tordesillas, Malaysia

Bangkok Bank to open 4 more Malaysian branches

Bangkok Bank will opening another four branches in Malaysia by 2016, says CEO Robert Loke.


He said the new branches will cost about RM1million to RM2 million each, depending on location and size.

"We currently have four branches outside Kuala Lumpur, including two in Johor, one in Penang and the latest one in Klang, Selangor.

"We do not have a branch in East Malaysia, therefore we are also looking at that possibility," he told reporters after the signing ceremony with Wangsa Tegap Sdn Bhd for the purchase by Bangkok Bank of eight levels of corporate suites together with the commercial space on the ground and mezzanine floors of one of the towers in Berjaya Central Park.

Loke said the bank is looking to move into its new headquarters by the first quarter of 2014.

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