News and Events

Colonial Mansion now Hong Leong Bank

Colonial mansion restored
Monday November 1, 2010 - The Star

The heritage building housing the Hong Leong Bank at 1, Light Street, Penang, has been restored to its original mid-1800s look. At that time, it was known as Foo Tye Sin Mansion.

Hong Leong Group managing director Yvonne Chia said the group, as the inheritors of the beautiful mansion, had a duty to maintain the entrepreneurial and community spirit of the late Foo Tye Sin, a noted merchant tycoon and community leader.

“We are proud to play our part in keeping Penang’s heritage alive and well by reshaping and reenergising the branch,” she said.

She added that RM2mil was spent on the restoration of the building.

She added that Penang could lay claim to being the birthplace of modern banking in the country.

She said that on Light Street and Beach Street, some of the first banks in Malaysia were established in the late 1800s when Kuala Lumpur was still a sleepy colonial outpost.

“We have 16 branches in Penang and it is one of the key states in our growth strategy,” she said in her speech before the launching of the newly restored building recently.

Chia said the relaunching of the Light Street branch followed the recent opening of four new and relocated branches in the Klang Valley.

Also present were executive director Zulkiflee Hashim and Commercial/SME and Business Banking division general manager Wong Kee Poh -TheStar

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