Member Banks

Member Banks

All commercial banks licensed under the Financial Services Act 2013 and all Islamic banks licensed under the Islamic Financial Services Act 2013, including locally incorporated subsidiaries of foreign banks operating in Malaysia, are member banks of PIDM. Membership in PIDM is compulsory as provided under the Akta Perbadanan Insurans Deposit Malaysia.

Member banks are required to prominently display this membership sign at the entrance of their branches.

PIDM Decal

PIDM member banks: Non-Member Institutions:

• Investment banks
• Overseas branches of member banks
• Development financial institutions and cooperative banks
• All non-bank financial intermediaries such as provident and pension funds, co-operative societies, housing credit institutions and building societies which are not supervised or regulated by Bank Negara Malaysia

  *denotes this bank provides Islamic banking business under the Skim Perbankan Islam (SPI). SPI is defined by Bank Negara Malaysia as the Islamic banking scheme provided by licensed institutions to conduct banking business based on Islamic principles.
  **Licensed digital banks