AFFIN BANK BERHAD

AFFIN BANK BERHAD stands as one of Malaysia’s enduring financial institutions — a bank shaped by decades of economic growth, restructuring, and national transformation.

Established in 1975, the bank evolved from its early beginnings into a diversified financial group serving individuals, SMEs, government-linked sectors, and corporations across the country. Through strategic expansion and continuous organisational development, Affin Bank gradually strengthened its position within Malaysia’s banking landscape by integrating both conventional and Islamic banking services into a unified financial ecosystem.

Today, the institution represents more than a banking brand — it reflects the resilience and evolution of Malaysia’s financial sector across generations of economic change.

Founding Institutions:

Lembaga Tabung Angkatan Tentera (LTAT)

Syarikat Permodalan Kebangsaan Berhad (SPK)

Habib Bank Limited

Current Leadership:

President & Group CEO: Datuk Wan Razly Abdullah Wan Ali

The leadership continues to guide the organisation with a focus on resilience, innovation, operational transformation, and sustainable long-term growth. Through strategic modernisation and digital initiatives, the bank continues adapting to the evolving needs of Malaysia’s financial ecosystem.

Every bank begins with trust — and Affin Bank was built to serve a nation in progress.

Formed on 23 October 1975 as Perwira Habib Bank, the institution emerged through a collaboration between Malaysian strategic investment bodies and international banking expertise. Originally established to support the financial needs of the armed forces community and Malaysia’s expanding economy, the bank entered the market during a period of rapid national development.

From its early operations in the late 1970s, the institution steadily expanded its banking capabilities in response to growing demand for retail, commercial, and corporate financial services. As Malaysia’s economic landscape matured, the bank evolved alongside it through restructuring initiatives and broader service diversification.

A defining transformation came in 2000, when the bank merged with BSN Commercial and adopted the name Affin Bank. This marked a significant milestone in its evolution — transitioning from a specialised banking institution into a broader financial services provider with nationwide ambitions.

Core Activities:

• Retail and community banking

• Corporate and SME financing

• Islamic banking services

• Investment and treasury solutions

The bank focuses on delivering integrated financial services supported by nationwide branch networks, relationship-driven banking strategies, and expanding digital capabilities. By combining conventional and Islamic banking under a unified ecosystem, Affin Bank serves a diverse customer base ranging from individuals to large enterprises.

Notable Offerings Include:

• Personal banking and financing solutions

• SME and corporate banking services

• Islamic banking products and facilities

• Investment and treasury services

These offerings position Affin Bank as a comprehensive financial partner capable of supporting consumer, business, and institutional financial needs across multiple segments of the Malaysian economy.

1975 – Established as Perwira Habib Bank

1976 – Official commencement of banking operations

1994 – Renamed to Perwira Affin Bank

2000 – Rebranded as Affin Bank following merger with BSN Commercial

2000s – Expansion into a broader integrated financial services group

2020s – Continued digital transformation and banking modernisation initiatives

Affin Bank has contributed significantly to Malaysia’s financial sector through its role in supporting retail consumers, SMEs, corporations, and strategic national sectors.

The bank played an important role in expanding financial accessibility while strengthening Malaysia’s banking infrastructure through both conventional and Islamic banking services. Its continuous transformation efforts also reflect the broader evolution of the national banking industry — balancing traditional relationship banking with digital innovation and operational modernisation.

Through decades of service, Affin Bank has remained part of Malaysia’s financial development narrative, supporting economic participation and business growth across multiple generations.

Today, AFFIN BANK BERHAD stands as a reflection of Malaysia’s financial evolution — a testament to how trust, resilience, and transformation can shape a banking institution across generations.

From its origins as a specialised banking collaboration to its emergence as a diversified financial group, the bank’s journey mirrors the growth of Malaysia’s modern financial ecosystem itself. Its continued presence within the industry represents stability, adaptability, and the enduring importance of trust within banking and finance.