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Sabah Development Bank Bhd
Main Activities: Banking and Credit Intermediation - Investment Brokerage and Other Financial Investments
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Company Information |
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Full name Sabah Development Bank Bhd Previous name(s) Bank Pembangunan Sabah Berhad (1978) Headquarters SDB Tower, Wisma Tun Fuad Stephens, KM 2.4, Jalan Tuaran; Kota Kinabalu; Sabah; 88824 |
Status: Non-Listed Operational Status: Operational Financial Auditors: Deloitte Touche Tohmatsu (2010) Incorporation Date: August 9, 1977 Tel: 6088-232177 |
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Company Description |
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On 9 August 1977, Bank Pembangunan Sabah Berhad was incorporated by the State Government of Sabah, as a public limited company under the Companies Act, 1965. The following year, it changed its name to the present Sabah Development Bank Berhad (SDB). In 1996, SDB was privatized when it was acquired by a Sabah-based investment holding company, Suria Capital Holdings Berhad. However in 1999, SDB was reacquired by the State Government of Sabah to enable SDB to be revived as an active financial |
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