Thursday 14 January 2021

More old red packets

Last October, I posted a picture of old Chinese New Year red packets from Ban Hin Lee Bank, going back to a time when red packet designs were simpler and not as elaborate as the ones we see from the financial institutions presently. Well, I've now uncovered more old red packets but this time, they are from other banks and finance companies. 

Prior to Year 2000, there were still finance companies in the country, both large and small, multi-branched and single entities, but these were phased out through takeovers and amalgamations into the larger banks. Today, we do not have finance companies any more and any mention of them is bound to cause confusion in many people's minds. In fact, the banks and finance companies named below do not exist anymore, having been taken over after 2000. I'm not going to attempt to explain what these banks and finance companies were except to give some brief comments about them.


The red packets in the above two pictures were issued by MBf Finance Berhad which was later merged with Arab-Malaysian Finance.


Malayan United Finance and MUI Finance were the names of the same entity, subsequently merged into the Hong Leong Bank Group.


EON Finance was a subsidiary of the EON Bank Group, now merged into the Hong Leong Bank Group.

United Merchant Finance was a subsidiary of the United Merchant Bank Group, which was taken over by the CIMB Group.

Hock Hua Bank was based in Sarawak and a different bank from Hock Hua Bank (Sabah). This bank was merged into the Public Bank Group in the 2000s.

First Malaysia Finance was little known but it was acquired by Arab-Malaysian Finance, now part of the AmBank Group.

Kwong Yik Bank was a subsidiary of Malayan Banking and was later to become Development & Commercial Bank or D&C Bank. It is now absorbed into the RHB Bank Group.

This red packet was from Oriental Bank which was ultimately owned by the Hong Leong Bank Group.

Leong Hin Finance was another small finance company. 

Hong Leong Finance was a well established finance company which was later absorbed into Hong Leong Bank.

Red packet issued by Bank Rakyat.

Pacific Bank was bought over by Maybank subsequently.

Bank Bumiputra became Bumiputra Commerce Bank, which the CIMB Group acquired ultimately. 


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