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 GXBank 1st Digital Bank in 🇲🇾 ! 🥳🥳🥳

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SUSipohps3
post Sep 5 2023, 08:42 PM, updated 3y ago

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GrabPay GrabApp PayLater integration soon? 🤔

Grab-Led GXBank Receives Approval To Commence Digital Bank Operations

GX Bank Berhad (or simply GXBank) has announced to have received approval from the Ministry of Finance and Bank Negara Malaysia (BNM) to commence operations, effective 1 September 2023. According to its press statement, the bank has successfully completed an operational readiness assessment and received its green light ahead of the April 2024 deadline set by BNM.

https://www.lowyat.net/2023/306711/grab-gxb...tions-approval/

This post has been edited by ipohps3: Sep 5 2023, 09:18 PM
SUSipohps3
post Sep 5 2023, 09:37 PM

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QUOTE(jmas @ Sep 5 2023, 08:46 PM)
1st??

I tot already got 5 approved last year?
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QUOTE(Natsukashii @ Sep 5 2023, 09:10 PM)
All this really getting confusing man

Bank Islam claims Malaysia's Friendliest Digital Bank: https://www.getbeu.com/index.html

It's quite nice and good, although don't have full features yet. DuitNow is still limited..
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QUOTE
It is also worth noting that Be U by Bank Islam and Rize by Al Rajhi Bank Malaysia are two digital banks formed prior to GXBank, but were created using BNM’s existing conventional banking license.



 

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