Ban Hin Lee Bank History

I find it hard to find a direct and adequate english language translation but i was told by some old staff they always talked about the bank with pride in the 1980 s that ban hin lee means ten thousand prosperities.

Ban hin lee bank history. On 1 july 2000 southern bank acquired ban hin lee bank along with united merchant finance bhd renamed southern finance bhd perdana finance bhd and cempaka finance bhd. 2000 southern bank acquires ban hin lee bank. In case you don t know who he was yeap chor ee came from china in the 1890s and settled in penang when he was 17 years old. Ban hin lee bank bhd founded by towkay yeap chor ee was formally incorporated as a private limited company on 17 september 1935.

In the 1960s it branched out into real estate and home financing and by 1990 it had become a modern financial institution. Although the ban hin lee bank ltd was officially incorporated in 1935 it actually started off as a trading venture in 1918 by yeap chor ee. Ban hin lee bank bhlb established 1935 in penang by yeap chor ee. Ban hin lee bank bhd founded by towkay yeap chor ee was formally incorporated as a private limited company on 17 september 1935.

The story of ban hin lee bank is the story of yeap chor ee. The bank s original business focus was to serve local businesses in their trade and merchant activities. He called his business ban hin lee. Ban hin lee bank berhad was incorporated on 24 january 1947 friday as a foreign company registered in singapore in singapore.

This was part of the government initiated banking consolidation plan. If ban hin lee bank were still in existence this remarkable bank would be observing the 72nd anniversary of its founding. The business principal activity is in full banks. 1935 ban hin lee bank established in penang malaysia.

In the 1960s it also branched into real estate and home financing. However the predecessor of this bank had functioned since 1918 as the banking department of the well known chop ban hin lee established by the penang millionaire towkay yeop chor ee 1868 1952. The bank s original business focus was to serve local businesses in their trade and merchant activities. The ban hin lee bank limited with offices in penang and singapore was registered towards the end of 1935.

Its original focus was serving local businessmen in their trading and merchant activities. Ban hin lee bank bhlb was established in penang by yeap chor ee. The business current operating status is ceased registration with registered address at robinson point. In the 1960s it branched out into real estate and home financing and by 1990 it had become a modern and thriving financial instituition.