Green Packet's OCIB gets LFSA conditional investment bank licence

A general view of Labuan town. Green Packet on Wednesday said wholly owned Oasis Capital Investment Bank has been awarded the conditional investment bank licence from the Labuan Financial Services Authority.

KUALA LUMPUR: Green Packet Bhd said wholly owned Oasis Capital Investment Bank (OCIB) has been awarded the conditional investment bank licence from the Labuan Financial Services Authority (LFSA) today.

With the conditional licence, OCIB will begin fulfilling operational conditions such as setting up the required processes and technology platforms in accordance with regulatory requirements.