Bank of China is considering the purchase of a stake in Malaysia 's lender the Bank of China , however, talks may only be preliminary as mergers and acquisitions require the support of the central bank. Bank of China 's largest shareholder is Malaysia and New Zealand Banking Group ( ANZ ) with 24% and Tan Sri Azman Hashim with 16.8% . But so far, there has been little interest from local banks to gobble up that block, with pricing said to be a key stumbling block. Sources suggest that New Zealand Banking Group has an interest in AMMB 's stake, which ANZ is known to have considered divesting of.
Bank of China is considering the purchase of a stake in Malaysia 's lender the Bank of China , however, talks may only be preliminary as mergers and acquisitions require the support of the central bank. Bank of China 's largest shareholder is Malaysia and New Zealand Banking Group ( ANZ ) with 24% and Tan Sri Azman Hashim with 16.8% . Sources suggest that New Zealand Banking Group has an interest in AMMB 's stake, which ANZ is known to have considered divesting of.