Axiata Digital ramps up effort to secure Malaysia’s digibank licence, says CEO

Axiata Digital CEO Mohd Khairil Abdullah

Axiata Digital, a subsidiary of telco conglomerate Axiata Group, has ramped up its efforts to secure Malaysia’s digital banking licence, optimistic that its partnership with local bank RHB Bank has solidified the consortium’s application.

Bank Negara Malaysia (BNM) is set to issue up to five licenses by the first quarter of 2022.

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