https://www.sinchew.com.my/news/20250930/finance/6909238

English report: https://theedgemalaysia.com/node/772113

https://www.nst.com.my/business/corporate/2...ears-break-even

Will this likely mean they will continue the higher interest rates until year 5 or 6, hopefully.

Don't think so, they will have to attract customer first then cut down on the interest, similar to GX bank

likely, hopefully

problem is economy of scale

they need to build a large pool of user base first, then only can start monetizing from them and reduces/ammortized their initial investment faster

Personally would like to see all them to sustain higher interest rates for longer period of time....

But they're doing businesses, not doing charity....

Won't be long before the rates dropped after they collected our data & monetizing them to the maximum level.... Up sell their products.....