Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus says all 29 applications for the digital bank licences were assessed on their individual merits, with each application examined by several teams from multiple angles. – The Malaysian Insight file pic, May 6, 2022.
BANK Negara Malaysia governor Nor Shamsiah Mohd Yunus, in an exclusive interview with Bernama, shares more details on the assessment and selection of the five consortia for digital bank licences. Question: Why is Bank Negara opening the doors to digital banks? Given that incumbent banks have also gone into digitalisation, what more can these banks do?
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