PETALING JAYA: The Finance Ministry has approved the issuance of a digital banking license to YTL Digital Bank Bhd, a joint venture between YTL Digital Capital Sdn Bhd and Sea Ltd.
The next-generation digital bank, operating as Ryt Bank, has received approval to commence operations from Dec 20, 2024. The bank will be launched in phases to the public to ensure a smooth rollout,” said Ryt Bank in a statement.
