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Published on: Sunday, July 25, 2021 By: Datuk John Lo Text Size: TAN Sri Harris, during his CM tenure, had a big vision for Sabah. Among the many development vehicles that he had formed, the most important were Sabah Bank and Sabah Development Bank.  How he managed to get approvals for these two financial institutions from the Federal Government was miraculous as no other state up to day have succeeded to get even 1 financial institution in the name of their states!  His objective for these two financial institutions, together with Sabah Credit Corporation and Borneo Housing was to finance and accelerate Sabah’s economic development. Sabah Bank, sadly is now history, having been absorbed into Singapore’s Alliance Bank.

Malaysia generalDatuk vincent pungSabah maju jayaSabah covidSabah glcsSabah development bankSabah economic developmentSingapore alliance bankSabah bankSabah credit corporationSubject sabah development bankDatuk johnSabah developmentFederal governmentBorneo housingAre the ultimate owners