KUALA LUMPUR: Investment holding company, CNAsia Corp Bhd, has inked a memorandum of understanding (MoU) with Intcys Sdn Bhd, a social enterprise, in its bid to apply for a digital banking licence from Bank Negara.
CNAsia executive director Chang Chee Ching said the company would invest RM400mil to establish the digital banking platform, the MyWEW (Women Empowering Women) Digital Bank, to provide micro-credit facilities primarily for women.
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