Bank Negara Malaysia has issued the exposure draft for the licencing framework for digital banks, with hopes that it will address consumer gaps in underserved markets.
The Finance Minister says banks should provide better access to financing for first-time homebuyers and SMEs, given positive developments in the financial health of Malaysian households.
LIAM quashes rumours that premiums on current investment-linked product policies will go up following the introduction of Bank Negara’s new guidelines.
The Ministry of Finance has clarified that the practice of opening bank accounts in bulk is legally allowed […]
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