RHB Banking Group managing director and group chief executive officer Datuk Khairussaleh Ramli (pic) said the collaboration will unlock synergistic opportunities to benefit underserved retail customers and micro-small and medium enterprises (SMEs) that fall outside the normal focus of traditional banks.
PETALING JAYA: Axiata Group Bhd
and RHB Banking Group will be forming a consortium to apply for a digital banking licence from Bank Negara with the aim of accelerating their digital growth strategies.
During a joint virtual press conference yesterday, the parties announced that Axiata’s subsidiary, Boost Holdings Sdn Bhd, has signed a heads of agreement with RHB Banking Group to form the consortium.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
