Affin Bank Berhad (AFFINBANK) is the financial holding company of Affin Islamic Bank Berhad, Affin Hwang Investment Bank Berhad, Affin Moneybrokers Sdn Bhd and AXA AFFIN Life Insurance Berhad. AXA AFFIN General Insurance Berhad is an associate company of Affin Bank Berhad.
AFFINBANK provides a suite of financial products and services that is catered to both retail and corporate customers. The target business segments are categorized under key business units such as Community Banking, Enterprise Banking, Corporate Banking and Treasury. As at 30 September 2020, AFFINBANK has a network of 110 branches in Malaysia.
Log on to www.affinbank.com.my for more information.
Affin Islamic Bank Berhad (AFFIN ISLAMIC) a wholly-owned subsidiary of Affin Bank Berhad (AFFINBANK). was incorporated on 13 September 2005 and officially operates as a standalone Islamic bank with effect from 1 April 2006.
As a full-fledged Islamic bank, AFFIN ISLAMIC offers a complete range of Islamic Banking products and services to Small Medium Enterprises (SMEs), Institutional, Retail and Corporate customers.
AFFIN ISLAMIC has been at the forefront of introducing innovative and Shariah compliant products which adopts variety of Shariah concepts ranging from Musharakah Mutanaqisah, Mudarabah, Istisna, Ijarah, Murabahah and others.
The Bank’s products and services provides a clear demarcation between deposits, investment accounts and financing to best meet the need of retail and business enterprises.
The Bank together with five (5) other Islamic banks pioneered the Investment Account Platform (IAP) which is a platform to bridge funding requirements of businesses, mainly SMEs, with institution and retail investors. The IAP was officially launched by the Governor of Bank Negara Malaysia on 17 February 2016 and aims to offer investment opportunities as another asset class locally and internationally. This represents a quantum leap in the Bank’s commitment to play a part in advancing Islamic banking within the local and international financial landscape.
In line with Malaysia’s Financial Sector Blueprint that aspires to transform the country into a global hub for Islamic Financial Services, AFFIN ISLAMIC will continuously conduct research and development into new financial products and services that are capable of competing in the global financial arena.
Log on to www.affinislamic.com.my for more information
Affin Hwang Capital is a capital markets group. We bring together the history of two leading and long-established Malaysian firms – Affin Investment Bank and HwangDBS. Our business is organised around three principal business areas: Investment Banking (including Treasury & Markets), Securities (including Research) and Asset Management.
Our business has a wide domestic coverage and strategic network across Malaysia. We also maintain a strategic partnership with Daiwa Securities; this provides us with greater reach across Asian and global markets for institutional equities trading.
Log on to www.affinhwang.com for more information
AFFIN Moneybrokers Sdn Bhd operates a money broking business in the country under the supervision of Bank Negara Malaysia. Its principal activity is to act as intermediaries or arrangers of deals between authorised financial institutions in foreign exchange and domestic money market.
Log on to www.affinmoneybrokers.com.my for more information
Incorporated in February 2006, AXA AFFIN Life Insurance Berhad (AXA AFFIN Life) is a joint venture company between AFFIN Bank Berhad and AXA Group, a worldwide financial protection leader, which is headquartered in Paris.
Leveraging on the AXA Group’s strength as a financial protection expert and AFFIN Bank’s local knowledge and diversified network, AXA AFFIN Life is focused on helping individuals manage risk and achieve their financial goals.
AXA AFFIN Life will strive to build close and lasting relationship with its customers, offering them care, support and advice with the highest standard of professional ethics.
Log on to www.axa.com.my for more information.
Boustead Credit Sdn Bhd is a credit company offering hire purchase financing for motor vehicles, commercial vehicles and consumer durables. The company operates on two locations namely, Brickfields – Kuala Lumpur and Skudai – Johor Bahru.