The National Union of Bank Employees (Nube) today called for Bank Negara to thoroughly investigate a bank that it claimed is using race as a basis to evaluate loan applications.

Nube general secretary J Solomon said that it is vigorously pursuing the matter so that the public would not be disadvantaged through what it calls 'racist corporate practices'.

mcab nube collective agreement 211205 soloman According to Solomon ( right ), Nube discovered that the bank in question has a 'scorecard' for credit evaluation, with race highlighted as a major criteria in approving loans.

He said Nube views such a policy as a blatant disregard of the 'social contract' that exists between the government and the populace.

"It violates the federal constitution and goes against the concept of 1Malaysia being promoted by Prime Minister Najib Abdul Razak," said Soloman in a statement.

Solomon, however, did not name the bank allegedly practising discrimination, or the race that is being favoured and how it came into possess of information with regards to such practices.

On another matter, Nube, which is currently in a dispute with CIMB, has agreed to a meeting with the bank.

The meeting organised by CIMB is part of an effort to resolve the standoff between Malaysia's second largest financial service provider and bank employees.