Page 348 - The Guide To Sarawak

346 SARAWAK MEANS BUSINESS
CIMB Bank’s Satok Branch in Kuching is part of a network of over 1,000 branches throughout the ASEAN Region.
The Financial
Sector
Sarawak has a modern and fully developed financial sector offering a comprehensive range of products and services to businesses and the general public.
BANKING
All eight domestic commercial banks and six investment banks are represented in Sarawak, as well as six locally incorporated foreign
commercial banks. There are a further 15 Islamic banks. Development finance is also provided by nine development financial institutions. There is a comprehensive network of ATMs throughout the state and Internet banking is widely available.
INSURANCE
A large number of Malaysian and international insurers as well as takaful operators are available
in Sarawak, offering services through their
branch office(s) and/
or authorized agents. Insurance brokers are also available to arrange the larger and more complicated risks.
BANK NEGARA MALAYSIA
Bank Negara Malaysia, the central bank, regulates both the banking system and the insurance sector and has a branch office in Kuching.
POS MALAYSIA
The Post Office (Pos Malaysia) complements