Grab-Singtel among favourites to bag Malaysia's first digital banking licences.
THE Grab-Singtel consortium, which secured one of Singapore's first digital bank licences in 2020, is seen as a frontrunner to win a similar licence in Malaysia, according to analysts from Affin Hwang Investment Bank and RAM Ratings.
They also foresee the RHB Bank- Axiata Group and Aeon Credit-Aeon Financial Group consortiums as among the likely awardees.
A total of 29 consortiums submitted applications to Bank Negara in June 2020 to compete for 5 digital banking licences, which are expected to be awarded as soon as this week. $Grab Holdings(GRAB.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Matthew D : Its a sure get, SG much more stricter than MY, founders somemore from MY. load up before confirmation for easy swings
Talklili Matthew D: This is also about to be a major leap in grab!