
13 Jan 2009 – Kwong Lee Mortgage&Remittance Co. to Kwong Lee Bank
1940 picture: in Chinese jeckets – grandfatherLAM SongKee and granduncleLAM JiChiew with their families in Singapore.
Wikipedia stated Mr Lam Ting Yeu (supposedly LAM TinYue, my father) as the founder of the KwongLeeMortgage&Remittance Company some years and it is incorrect and now (2017) it has been corrected and edited. Will be traveling to Sarawak after the Chinese New Year to learn more and hopefully to take some pictures. My granduncle, LAM JiChiew was the founder of the Kwong LeeMortgage&RemittanceCompany in 1905, not LAM TinYue (2nd row 1st right sitting crossed-legs in a white suit), my father who was born in 1911.
Began its operations in 1905 in Kuching/KCH, Sarawak, under the name of KwongLeeMortgage&RemittanceCompany, it granted loans against the security of export commodities such as pepper, rubber&other indigenous products. It provided the services of remitting money of migrant Chinese to their families in SE-China.
1905 KwongLeeMortgage&RemittanceCompany, KCH,Sarawak/Borneo
1923 Sibu-branch/Borneo
1926 Singapore-branch/Singapore
1934 converted into a public company under the name KwongLeeBank 廣利銀行/KLB
1937 Sarikei-branch/Borneo
1966 KwongLeeBankLimited/KLB which was changed to KwongLeeBankBerhad/KLB
1973 Binatang-branch/Borneo


7Apr2021: appreciations&thanks to nieceSK for informing me that there were 2 other KLB in JB/Malaysia (where she worked in the 1980s) and another one in KL/Malaysia which I have no idea that even they existed??
16May2021: tkx to cousinKarenLIM(1966)- oh and of course google brought me to yr blog instantly and I saw that bank cheque …. my mum wld be able to verify that the logo was designed on our dining table by my father … I vaguely remembered that ….. ah memories are so powerful, we need to make more of them!
Do like the logo designed by
uncleJohn LIM RuKhoon(1934-2019), quite ahead of his times and now I see where his only child&daughter
cousinKaren got her designing skills from! Did not even know that there was a
KLB logo, will need to talk to
auntieNgor/AnnaCHAN(1940-2024)to ask her for more info.
May1982, KwongLeeBankBerhad was acquired by the MUI Group, a corporate group controlled by Malaysian business tycoon TanSriDatoKhooKayPeng. Exiting shareholders include OverseasChineseBankingCorpOCBC Bank (which acquired a stake in the bank in 1964) and members of the Lam family (relatives and descendants of the founder LAM JiChiew). KwongLe BankBerhad was renamed MalayanUnitedBankBerhad on 2Feb1983. Subsequently it was renamed MUI BankBhd. Under the MUI banner the bank grew from 11 branches (including Singapore) to 35branches.
3Jan1994, the HongLeongGroup/Malaysia acquired MUI BankBerhad through HongLeongCreditBerhad and renamed it as HongLeongBankBerhad/HLBB. The acquisition of MUI BankBerhad by HongLeongGroup/Malaysia (which is controlled by Malaysian business tycoon QUEK LengChan) followed shortly after an aborted takeover attempt of the MUI Group by another Malaysian tycoon TanSriDat VincentTanCheeYioun (through his vehicle BerjayaCorporation).
Thus HongLeongBank can claim that it started in 1905.
https://en.wikipedia.org/wiki/Hong_Leong_Bank

Bankers know that history is inflationary and that money is the last thing a wise man will hoard – Will Durant



13Dec2020: donated father’s LAM TinYue(1911-1996) old B/W photo albums (1920-1950s)+various original documents to SIN NationalLibraryBoard/NLB. Appreciations to MeiChenLEE&NLB-staff for taking care to preserve the LAM-Heritage for future generations who might have an interest – copyrights are still mine and NLB has been notified and they can be shared for research&educational purposes, NOT for monetary or for profit purposes.




22May2022: tkx to these interesting copies from auntieLAM KeiChan (LAM JiChiew’s branch), donated to NBL.


19Sep2025: could this be ~1923 Sibu-branch/Borneo? From uncleKhoon’s old B/W pix, it looks like it, tkx to cousinKaren for this share.

Found this old pix but have no clue which KLB branch or where or when??
Edited Fri19Sep2025: according to cousin Irene, this should be ~1937 Sarikei-first KLB-branch@WharfRd before moving to RepokRd,Sariket in 1973.


1958? KLB-WharfRd,Sariket/Borneo with uncleKhoon


1973: KLB-RepokRd,Sariket/Borneo with broLawrence in the beige-suit and uncleKhoon in the dark-suit next to him.

Aug1973: KLB-Binatang/Borneo with broLawrence&Mabel,auntieNgor,uncleKhoon in the middle; Karen the little girl in the white dress.
15Sep2025: appreciations with thanks to Karen for B/W pix of her father uncleKhoon who was in charge of the Sariket-KLB branch.


Present: Jalan KLB road in KCH,Sarawak/Borneo donated by the family.