KUALA LUMPUR: The Grab-led digital bank, GX Bank Bhd (GXBank) has completed an operational readiness review and has been approved to commence operations effective Sept 1, 2023, by the Minister of Finance and Bank Negara.
The latest development makes GXBank the first of the five digital bank licence applicants to receive approval, and it is ahead of the April 2024 deadline set by Bank Negara.
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