1. History
   The Association of Banks in Malaysia (ABM) was formed in November 1973.
    
2. Objective
   To establish and promote a sound banking system for commercial banks in Malaysia by cooperating with Bank Negara Malaysia (BNM) and relevant authorized bodies. ABM has participated and pursued wide-ranging issues including formulating and reviewing banking rules, operations and policies to assist the banking industry in becoming more resilient, competitive and effective in meeting the needs of the changing economy.
    
3. Mission
   The Association aims at facilitating a conducive banking environment, promoting orderliness and ethical banking practices covering a wide scope involving operations' policies; human capital development; consumer education and awareness; risk management; and regional activities.
   
   Member banks’ contributions to socio-economic planning and development of the country and the Associations’ collaboration with government ministries, private sector groups and relevant organizations are some of the issues that form ABM’s agenda and its contribution to the nation.
    
4. Member banks
   The association has 25 member banks, comprising 8 domestic banks and 17 locally incorporated foreign banks operating in Malaysia. Commercial banks constitute the largest and most important group of financial institutions in Malaysia in terms of total assets. The member banks are:

1. Contact
   The public can call a toll-free service called ABM Connect at 1-300-88-9980 or send us an email for information on banking issues in the country.

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