Prize of digital banking licence eyed

Paramount group CEO Jeffrey Chew (pic) said the property developer is looking at a stake of 20% to 30%, should the central bank grant the consortium a digital banking licence next year

PETALING JAYA: Paramount Corp Bhd is looking at having up to a 30% stake in a five-member consortium which has applied for a digital banking licence from Bank Negara.

Paramount group CEO Jeffrey Chew said the property developer is looking at a stake of 20% to 30%, should the central bank grant the consortium a digital banking licence next year.