About Alliance bank malaysia berhad
Alliance Bank Malaysia Berhad: A Comprehensive Guide to Fast, Simple and Responsive Financial Solutions
Alliance Bank Malaysia Berhad is a dynamic financial services group that has been providing fast, simple and responsive financial solutions to Malaysians for over 70 years. The bank was established in 1958 as the Kwong Yik Bank, and it has since grown into one of the leading banks in Malaysia.
The bank's mission is to provide innovative financial solutions that meet the needs of its customers. It offers a wide range of products and services, including personal banking, business banking, Islamic banking, investment banking and insurance.
Personal Banking
Alliance Bank Malaysia Berhad offers a comprehensive range of personal banking products and services designed to meet the needs of individuals. These include savings accounts, current accounts, fixed deposits, credit cards and loans.
Savings Accounts: Alliance Bank Malaysia Berhad offers a variety of savings accounts with competitive interest rates. These include Basic Savings Account-i (BSA-i), eSaver Account-i (eSA-i) and Premium Savings Account-i (PSA-i).
Current Accounts: The bank also provides current accounts for individuals who need easy access to their funds. Its offerings include Basic Current Account-i (BCA-i) and Alliance SavePlus Account.
Fixed Deposits: For those looking for higher returns on their savings with minimal risk involved can opt for fixed deposit schemes offered by Alliance Bank such as Conventional Fixed Deposit or Islamic Fixed Deposit.
Credit Cards: Alliance Bank's credit cards offer various benefits such as cashback rewards on purchases made using them or air miles redemption options which are perfect for frequent travelers.
Loans: Whether you're looking for a personal loan or home loan or car loan - Alliance bank has got you covered! They offer various types of loans at competitive interest rates with flexible repayment options tailored according to your needs.
Business Banking
Alliance Bank Malaysia Berhad understands that businesses have unique financial needs, and it offers a range of products and services to meet those needs. These include business accounts, loans, trade finance, cash management and treasury services.
Business Accounts: Alliance Bank Malaysia Berhad provides various types of business accounts such as Current Account-i (CA-i), Business SavePlus Account-i (BSA-i) or Foreign Currency Account.
Loans: The bank offers various types of loans for businesses such as SME Loans or Commercial Property Financing that can help businesses grow their operations.
Trade Finance: Alliance Bank Malaysia Berhad also provides trade finance solutions to help businesses manage their import/export transactions with ease.
Cash Management: The bank's cash management solutions are designed to help businesses manage their cash flow more efficiently. These include receivables financing, payables financing and supply chain financing.
Treasury Services: For companies looking for investment opportunities in the capital market - Alliance Bank Malaysia Berhad has got you covered! They offer treasury services such as foreign exchange trading or money market investments that can help you maximize your returns on investments while minimizing risks involved.
Islamic Banking
Alliance Islamic Bank is a subsidiary of Alliance Bank Malaysia Berhad that offers Shariah-compliant financial products and services. It operates under the principles of Islamic banking which prohibits interest-based transactions (riba) and promotes risk-sharing between the bank and its customers.
Islamic Savings Accounts: The bank's Islamic savings accounts include Basic Savings Account-i (BSA-i), eSaver Account-i (eSA-i) and Premium Savings Account-i (PSA-i).
Islamic Current Accounts: For individuals who need easy access to their funds - they can opt for Basic Current Account-I(BCA-I).
Islamic Fixed Deposits: For those looking for higher returns on their savings with minimal risk involved can opt for fixed deposit schemes offered by Alliance Islamic Bank such as Al-Wadiah Term Deposit or Mudharabah Term Deposit
Islamic Financing Solutions : Whether you're looking for a personal financing or home financing or car financing - Alliance Islamic Bank has got you covered! They offer various types of Islamic Financing at competitive profit rates with flexible repayment options tailored according to your needs.
Investment Banking
Alliance Investment Bank Berhad is the investment banking arm of Alliance Bank Malaysia Berhad. It offers a range of investment banking services, including corporate finance, debt capital markets, equity capital markets and advisory services.
Corporate Finance: The bank's corporate finance team provides advice on mergers and acquisitions, divestitures and other strategic transactions.
Debt Capital Markets: The bank's debt capital markets team helps companies raise funds through the issuance of bonds or sukuk (Islamic bonds).
Equity Capital Markets: The bank's equity capital markets team helps companies raise funds through initial public offerings (IPOs) or secondary offerings.
Advisory Services: The bank also provides advisory services to help clients make informed decisions about their investments. These include financial planning, wealth management and risk management solutions.
Insurance
Alliance Bank Malaysia Berhad also offers insurance products through its subsidiary company - Alliance Insurance Brokers Sdn Bhd. It provides various types of insurance such as motor insurance, travel insurance, home insurance etc that can help protect you from unexpected events in life.
Conclusion
Alliance Bank Malaysia Berhad is a dynamic financial services group that offers fast, simple and responsive financial solutions to Malaysians. With its comprehensive range of products and services designed to meet the needs of individuals and businesses alike - it has become one of the leading banks in Malaysia. Whether you're looking for personal banking solutions like savings accounts or credit cards; business banking solutions like loans or trade finance; Islamic banking solutions like Shariah-compliant savings accounts or financing; investment banking solutions like corporate finance or advisory services; Or even Insurance products such as motor insurance - Alliance Bank has got you covered!
alliancebank.com.my