Moody’s: AEON Bank to spur Islamic banking sector


PETALING JAYA: Moody’s Investors Service anticipates that AEON Bank Bhd will act as a driver for further growth in Malaysia’s Islamic banking sector, due to the strong awareness and interest in digital Islamic banking.

On Jan 8, 2024, AEON Bank announced that it had obtained regulatory approval to commence an Islamic digital bank business in Malaysia and it will release its roll-out plan in the first half of 2024.

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