A merger between RHB Capital and AMMB Holdings would create the third largest bank in Malaysia with total assets of $ 358.9bn ( $ 92.6bn ) , allowing it to grow its larger peers , according to research by analysts . Furthermore , reports suggest that ANZ plans to invest its assets in AMMB Holdings . This follows RHB Capital 's announcement announcing that it had no plans to merge with AMMB Holdings following reports in the press that it planned to revisit earlier discussions of a merger .
A merger between RHB Capital and AMMB Holdings would create the third largest bank in Malaysia with total assets of MYR 358.9bn ($92.6bn), allowing it to rival its larger peers, according to research by CIMB. Furthermore, reports suggest that ANZ plans to sell its assets in AMMB Holdings. This follows RHB Capital's announcement yesterday that it had no plans to merge with AMMB Holdings following reports in the press that it planned to revisit earlier discussions of a merger.