The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]

Merger is not a new thing that happened in our country. The mergers not only in the banking sector but in most industries are painful, tedious, time consuming and more often than not, do not produce the desired results. Due to the implemented of AFTA, our government had proposed the merger with aim...

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Main Author: Mokhtar, Siti Ensah
Format: Student Project
Language:English
Published: 2002
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/33400/
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author Mokhtar, Siti Ensah
author_facet Mokhtar, Siti Ensah
author_sort Mokhtar, Siti Ensah
building UiTM Institutional Repository
collection Online Access
description Merger is not a new thing that happened in our country. The mergers not only in the banking sector but in most industries are painful, tedious, time consuming and more often than not, do not produce the desired results. Due to the implemented of AFTA, our government had proposed the merger with aim to combined 58 Malaysia financial institutions into six banking groups to enhance efficiency and prepare Malaysia for global competition. Doing bank mergers, rises the pro's and con's where Bank Negara Malaysia (BNM) has stated clearly that the mergers will prepare the local banks for eventual liberalization. As Malaysia prepares for greater degrees of liberalization in its financial system, consolidation in banking will have to be the driving force in this decade. The creation of large banking groups should certainly help to encourage competition and create shareholder value for investor. The merging of Bank Bumiputra Malaysia Berhad and Commerce Asset-Holding Berhad (CAHB) had spawned the country's second largest commercial bank with RM 70 billion of total asset. The new bank is known as Bumiputera Commercial Bank Berhad (BCB). Since the merger tok place, about 11000 of total staff have been involved. As Dr. Rozali, the Commerce Asset — Holding Berhad (CAHB) executive Director said there are occur some attrition but this rules out massive retrenchment. One consequence of this merger is the existence of the new Islamic Bank that helps to absorb 500 to 1000 employees.
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spelling uitm-334002020-09-23T07:18:55Z https://ir.uitm.edu.my/id/eprint/33400/ The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.] Mokhtar, Siti Ensah Job satisfaction Manpower planning Bank mergers Merger is not a new thing that happened in our country. The mergers not only in the banking sector but in most industries are painful, tedious, time consuming and more often than not, do not produce the desired results. Due to the implemented of AFTA, our government had proposed the merger with aim to combined 58 Malaysia financial institutions into six banking groups to enhance efficiency and prepare Malaysia for global competition. Doing bank mergers, rises the pro's and con's where Bank Negara Malaysia (BNM) has stated clearly that the mergers will prepare the local banks for eventual liberalization. As Malaysia prepares for greater degrees of liberalization in its financial system, consolidation in banking will have to be the driving force in this decade. The creation of large banking groups should certainly help to encourage competition and create shareholder value for investor. The merging of Bank Bumiputra Malaysia Berhad and Commerce Asset-Holding Berhad (CAHB) had spawned the country's second largest commercial bank with RM 70 billion of total asset. The new bank is known as Bumiputera Commercial Bank Berhad (BCB). Since the merger tok place, about 11000 of total staff have been involved. As Dr. Rozali, the Commerce Asset — Holding Berhad (CAHB) executive Director said there are occur some attrition but this rules out massive retrenchment. One consequence of this merger is the existence of the new Islamic Bank that helps to absorb 500 to 1000 employees. 2002 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/33400/1/33400.pdf Mokhtar, Siti Ensah (2002) The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]. (2002) [Student Project] (Unpublished)
spellingShingle Job satisfaction
Manpower planning
Bank mergers
Mokhtar, Siti Ensah
The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]
title The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]
title_full The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]
title_fullStr The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]
title_full_unstemmed The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]
title_short The level of employees satisfaction after the merger of Bank Bumiputra (BBMB) and commerce Asset Holding Berhad (CAHB) / Siti Ensah Mokhtar ... [et al.]
title_sort level of employees satisfaction after the merger of bank bumiputra (bbmb) and commerce asset holding berhad (cahb) / siti ensah mokhtar ... [et al.]
topic Job satisfaction
Manpower planning
Bank mergers
url https://ir.uitm.edu.my/id/eprint/33400/