KPMG sees overwhelming response to digital banking licences


KPMG Malaysia head of financial services Adrian Lee said successful applicants will be those who practise financial inclusion to help the underserved and unserved segments to rebuild themselves financially.

PETALING JAYA: KPMG expects a high number of applicants for the five digital banking licences to be issued in the country on the back of lower entry requirements in minimum capital and significant market opportunities.

According to KPMG Malaysia head of financial services Adrian Lee, successful applicants will be those who practise financial inclusion to help the underserved and unserved segments to rebuild themselves financially.

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