A reported planned merger between Malaysian banks CIMB Group Holdings, RHB Capital and Malaysia Building Society could create the country's biggest banking group by assets, media reports said on Thursday.
The three lenders would have combined assets of 597.3 billion ringgit (US$188.5 billion or S$233.8 billion) as at the end of last year, according to data compiled by Bloomberg.
This would surpass Maybank's 560.4 billion ringgit in assets, but would still be lower than OCBC Bank's $338.4 billion and DBS Group's $402 billion as at the end of last year.
How does this compare to the rest of the world's banks? DBS and OCBC were ranked 79th and 95th respectively in a list of the world's largest banks by asset size published last year by US-based financial data group SNL Financial.
These are the largest banks in the world and in Asia according to that list: