Alliance Bank is a Malaysian bank that has its beginnings as a French-owned financial institution known as Banque de L'Indochine, which opened its first branch in the country in 1975. In 1982, it became known as Malaysian French Bank Berhad.
Two years later, local company Multi-Purpose Capital Holdings bought a 70% stake in the bank. In 1996, the bank changed its name to Multi-Purpose Bank Berhad. It continued to grow, and by 1998, had 34 branches throughout the country.
A consolidation exercise involving local banks saw the creation of The Alliance Banking Group in 2001, the result of merging seven local financial institutions. The group comprises a number of financial entities under the Alliance brandname, among them Alliance Bank and Alliance Finance, which eventually was merged into Alliance Bank. Today Alliance Bank has a number of branches in Penang Island and Penang Mainland.
Alliance Bank George Town Branch
21 Beach Street, Bangunan Barkath
Phone: 04-262 8100
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About this website
Dear visitor, thank you so much for reading this page. My name is Timothy Tye and my hobby is to find out about places, write about them and share the information with you on this website. I have been writing this site since 5 January 2003. Originally (from 2003 until 2009, the site was called AsiaExplorers. I changed the name to Penang Travel Tips in 2009, even though I describe more than just Penang but everywhere I go (I often need to tell people that "Penang Travel Tips" is not just information about Penang, but information written in Penang), especially places in Malaysia and Singapore, and in all the years since 2003, I have described over 20,000 places.
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