KUALA LUMPUR: Malaysia Building Society Bhd
(MBSB) has not applied for a banking licence, said its largest shareholder The Employees Provident Fund (EPF).
EPF chief executive officer Datuk Shahril Ridza Ridzuan said that the non-bank financial provider is working with Bank Negara Malaysia to revamp to bring it up to bank standards and is looking at a solution towards entering into the mainstream market.
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