1991 - Bank of Commerce merges with United Asian Bank
Bank of Commerce Bhd acquired United Asian Bank in November 1991, which resulted in a new entity named Bank of Commerce (M) Bhd. Meanwhile, Bank of Commerce Bhd, the listed holding company, was renamed Commerce-Asset Holdings Bhd (CAHB).
The acquisition was the starting point for more significant expansion to come. The Bank of Commerce branch network increased almost fourfold, complementing its established reputation in the corporate lending market.
1999 - Formation of Bumiputra-Commerce Bank
In October 1999, Bank Bumiputra emerged from the Asian financial crisis and other financial problems to merge with Bank of Commerce, resulting in the biggest merger in Malaysia's banking history.
They formed Bumiputra-Commerce Bank, under the control of CAHB, and became the bank of choice to many multinational and local corporations, government organisations and individuals.The acquisition was the starting point for more significant expansion to come. The Bank of Commerce branch network increased almost fourfold, complementing its established reputation in the corporate lending market.
