Banking in Malaysia. A Historical Survey

Seminar paper from the year 2006 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, , language: English, abstract: The financial market in Malaysia continued to attract steady foreign direct investment due to its strong performance and growth. The greater pace of development in banking industry and financial sector has given confidence to global investors and financial players to invest and secure partnership in the country's growing market and business initiative. The steady growth of market and banking industry help Malaysia to march into new benchmark of financial sector in the future. It was expected to bring steady progress and unprecedented growth into Malaysia s Banking industry for tomorrow s world of finance. This strategic market provided the Banking indispensable tool to joining the bandwagon of other developing industries and financial powerhouse in Southeast Asia in chasing the new pace of development in the post-modern world.