KUALA LUMPUR: The Association of Banks in Malaysia (ABM) has announced the addition of GX Bank Bhd and Boost Bank Bhd as new members, marking a pivotal moment in Malaysia’s banking industry.
In a statement today, ABM said this milestone highlights its commitment to fostering a vibrant, inclusive banking environment that embraces digital innovation alongside traditional banking values.
Its executive director, Dr Amina Kayani, said the addition of the banks signals a shift towards a banking ecosystem where ‘traditional’ and digital banking entities are united in their purpose.
"Welcoming GX Bank and Boost Bank to the ABM family is not only an honour but a timely step forward in our journey toward an inclusive and forward-thinking banking sector.
"Their membership with ABM aligns perfectly with our 50th-anniversary celebrations, representing a new chapter where digital and traditional banks work together to enhance Malaysia’s financial landscape,” she said.
Amina also noted that by fostering collaboration across this spectrum, ABM is strengthening an industry that remains adaptable, resilient, and focused on meeting the diverse needs of society.
"We are excited to see the contributions these digital players will bring in advancing financial inclusion, customer-centric innovation, and sustainable growth for the benefit of all Malaysians,” she added. - Bernama
