With the MBSB-AFB merger pending Bank Negara's approval, Kenanga Investment believes this move would accelerate Malaysia Building Society's attempts to gain a banking license. Ahmad Ramzani also comments on the broader consolidation agenda in the Malaysian banking sector.

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Tags:  merger,  MBSB,  Malaysia Building Society,  AFB,  Asian Finance Bank,  BNM,  Bank Negara,  Malaysia,  central bank,  consolidation,  license,  Bank Muamalat,  CIMB,  RHB,  AmBank,  Basel III,  price to book value,  Malaysia Building Society Berhad,  Bank Negara Malaysia,  Economy, Markets