Alliance Bank sees competition in SME space from digital banks

Joel Kornreich

KUALA LUMPUR: Alliance Bank Malaysia Bhd is projecting strong competition in the small and medium enterprise (SME) space from the new digital banks that recently obtained licenses from Bank Negara Malaysia (BNM), group chief executive officer Joel Kornreich said.

The SME segment is among key businesses to drive the bank’s financial performance.

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Alliance Bank , Digital Bank , OPR , Inflation , SME

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