Alliance Bank

Alliance Banking Group was founded in early 2001 through a consolidation of 7 financial institutions, in which Multi Purpose Bank Berhad anchored the merger. The Group has enjoyed over five decades of rich history in contributing to the financial community in Malaysia with its innovative and entrepreneurial business spirit.

1958		First commenced operations as Banque de L'indochine.
1975		Changed name to Banque Indosuez.
1982		Banque Indosuez was incorporated into the Malaysian French Bank Berhad.
1984		Multi-Purpose Capital Holdings Berhad acquired a 70% stake in Malaysian French Bank.
1996		The Malaysian French Bank became Multi-Purpose Bank.
1998		Multi-Purpose Bank acquired Multi- Purpose Finance.
2000		Multi-Purpose Bank was one of the ten anchor banks in the consolidation exercise of Malaysian financial institutions. M Plant acquired 70% equity in Multi Purpose Bank.
2001		Alliance Banking Group was founded from the merger of 7 financial institutions; Multi-Purpose Bank Bhd, International Bank Malaysia Bhd, Bolton Finance Bhd, Bumiputra Merchant Bankers Bhd, Sabah Bank Bhd, Sabah Finance Bhd and Amanah Merchant Bank Bhd.
2004		Merger of Alliance Finance and Alliance Bank
2005		Alliance Merchant Bank acquired Kuala Lumpur City Securities (KLCS). Vertical Theme bought a 30% stake in MPlant, the holding company of Alliance Banking Group.
2006		Alliance Merchant merged with KL City Securities and was renamed Alliance Investment Bank Berhad. KL City Research changed name to Alliance Research.
2007		AUT merged with ACAM and AIlliance Investment Management Bhd was formed