Pertama Digital gets support for digital bank

According to the two MoUs, PHCIB and ASB intend to support financial inclusion initiatives by investing in the digital bank proposed by Pertama Digital. Both investors will participate by contributing to the digital bank’s initial capital funds alongside Pertama Digital.

PETALING JAYA: Pertama Digital Bhd has signed memoranda of understanding (MoUs) with Perfect Hexagon Commodity and Investment Bank Ltd (PHCIB) and Alsirat Sdn Bhd (ASB) to secure investment for its proposed digital bank.

According to the two MoUs, PHCIB and ASB intend to support financial inclusion initiatives by investing in the digital bank proposed by Pertama Digital. Both investors will participate by contributing to the digital bank’s initial capital funds alongside Pertama Digital.