KUALA LUMPUR: Hextar Global Bhd
has entered into a consortium agreement with Arcadia Acres Sdn Bhd and Ihsan Equity Sdn Bhd to establish a Syariah-compliant digital bank pursuant to the submission to Bank Negara for a digital banking licence.
Hextar said in a statement that the consortium believes the unconventional approach and experience as well as a focus on eco-systems will allow for a better understanding of the requirements and needs of each community that the bank would be serving.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
