Since its inception in 2018, the RinggitPlus Malaysian Financial Literacy Survey (RMFLS) has played a growing role in raising awareness on financial literacy standards in Malaysia. RinggitPlus is proud to announce that 2024 edition of RMFLS has been conducted, and its results will continue to provide Malaysians with valuable data and insights that have the potential to reshape the financial landscape of the country for the better.

This year, the RMFLS team is placing a greater emphasis on financial wellbeing as a broader scope to previous years’ focus on financial habits. We hope the survey findings will be able to discover connections between financial literacy and how it affects an individual’s financial wellbeing, which guides his or her subsequent financial decisions.

As always, RMFLS would not be possible without the support of partners in the Malaysian financial industry. RMFLS 2024 is supported by the Financial Education Network (FEN), with key partners including:

Banking Partner: Alliance Bank

Alliance Bank is dedicated to offering differentiated financial and non-financial solutions across consumer, SME, corporate, commercial, and Islamic banking sectors. Embracing its ‘The Bank For Life’ brand purpose, Alliance Bank is committed to meeting the ever-evolving needs of its customers, serving as a dependable banking partner throughout their lifetime. With a vision of community-centric banking, Alliance Bank deeply engages with the community through an omni-channel approach. Customers can interact with Alliance Bank through an extensive network of retail branches, Privilege Banking Centres, Business Centres, and Digital banking services. The Bank aims to foster meaningful connections within the communities it operates in. For more information, visit, https://www.alliancebank.com.my/

Financial Infrastructure Partner: PayNet

Payments Network Malaysia (PayNet) is the national payments network and central financial infrastructure for Malaysia with the vision to empower Malaysia’s digital economy. Its extensive retail payments suite, DuitNow (QR and P2P), JomPAY (Bill Payments), FPX (Online), MyDebit (Domestic Debit), MEPS, and IBG (Interbank GIRO) has near ubiquitous coverage across the nation and is part of the daily fabric of life in Malaysia. In addition, PayNet’s real-time retail QR payments network, DuitNow, is also interoperable with domestic schemes in Singapore, Thailand, and Indonesia to enable seamless cross-border transactions with those countries. PayNet is committed to promoting a secure, efficient, and innovative payments ecosystem in Malaysia and works closely with its stakeholders to develop new products and services that meet the evolving needs of consumers and businesses. For more information, visit https://paynet.my/

Insurance Partner: FWD

FWD Insurance Berhad (FWD Insurance) is part of FWD Group, a pan-Asian life insurance business with more than 13 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD Group was established in 2013 and is focused on changing the way people feel about insurance. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. For more information, visit https://www.fwd.com.my/

FinLit Partner: Moomoo MY

Moomoo Securities Malaysia Sdn. Bhd. (“Moomoo Malaysia”) is a licensed digital investment platform, part of a Nasdaq-listed company and a global partner of NYSE and Nasdaq. Since its launch in February 2024, Moomoo has become Malaysia’s No. 1 most downloaded financial app and the top platform by MY stock trading volume. Recognized with numerous international accolades for its innovative features, Moomoo has won awards like ‘Best Trading Technology’ and ‘Best Retail Broker’ in Singapore. Moomoo Malaysia empowers all investors with advanced tools and insights, setting new standards in financial technology. Learn more at http://moomoo.com/my

Credit Health Partner: CTOS

CTOS, Malaysia’s largest private credit reporting agency, is a registered Credit Reporting Agency under the Credit Reporting Agencies Act 2010. Established in 1990, CTOS has over 30 years of experience in aiding credit grantors make better credit decisions. CTOS utilises information from its users and the public domain to support informed decisions and facilitate fact-based risk management when providing credit extension. CTOS delivers a complete portfolio of credit reports and value-added services and is widely used by the country’s banking and financial institutions, insurance companies, large corporations, legal firms, businesses and state and statutory bodies. For more information, visit http://www.ctoscredit.com.my/

We are thankful for the continued interest by key figures to support this initiative as we continue to grow and make each RMFLS better than ever.

The RMFLS 2024 survey results will be revealed on 26 September 2024. Keep an eye on our blog and social media pages for updates!

• TAGS:
• RinggitPlus Malaysian Financial Literacy Survey
• RMFLS