Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks. Photo: Shutterstock Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks. Photo: Shutterstock
Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks. Photo: Shutterstock
Malaysia

Malaysia gears up for the future of finance as AirAsia, Sea Group, Grab face off in bid for digital banking licences

  • E-commerce giants, super apps and a budget airline are among the 29 applicants hoping to secure one of the five licences on offer from the central bank
  • Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks – but warn that turning a profit may prove difficult

Topic |   Malaysia
Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks. Photo: Shutterstock Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks. Photo: Shutterstock
Analysts see huge potential in the millions of Malaysians currently underserved by traditional banks. Photo: Shutterstock
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