Vintage 1988 Banking in Malaysia

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Published: 1988
Publisher: Longman
Author: Johnson Yok Pang, Nathaniel G. Savarimuthu
Genre: Bank and Banking
Paperback: 186 pages
Condition: 8/10 (Used, good condition)

Banking in Malaysia, offers a comprehensive survey of the country’s banking evolution, tracing its origins from early foreign‑bank branches in the mid‑19th century to the establishment of Bank Negara Malaysia in 1959 and the surge in domestic commercial and finance companies in the latter half of the 20th century. It provides detailed analysis of the roles and structures of various institutions—including commercial banks, discount houses, finance companies, and the rise of Islamic banking—highlighting the launch of the Pilgrim’s Savings Corporation in 1963, the creation of Bank Islam Malaysia in 1983, and the regulatory frameworks like the Islamic Banking Act that fostered a dual banking system. The book also explores the substantial growth in assets and branch networks, the development of Islamic inter‑bank money markets, Shariah governance by the National Shariah Advisory Council, and the penetration of Islamic banking into mainstream channels. Through this historical and institutional lens, the authors demonstrate how the Malaysian banking sector matured into a modern, diversified, and globally integrated financial system.


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