Financial Times FT.com

RHB Capital in stake sale

By John Burton

Published: March 4 2008 02:00 | Last updated: March 4 2008 02:00

Abu Dhabi Commercial Bank expects to conclude a deal in the next month to buy 25 per cent of RHB Capital, Malaysia's fourth-largest bank.

Abdullah Badawi, the Malaysian prime minister, told the Financial Times on Monday that foreign interest in RHB was a sign of the country's increased ability to attract overseas investment to the banking sector.

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