Is Rize a digital bank or conventional bank?
I don't think they are a digital bank.
Banking MY Al-Rajhi - Digital Banking (fka Rize), Profit Rates up to 3.60%. Paid monthly
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 May 28 2024, 09:36 AM
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All Stars
15,192 posts Joined: Oct 2004 
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May 28 2024, 09:56 AM
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#2
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(Ramjade @ May 28 2024, 09:47 AM) I think is like rebranded bank. Cause their parent is Al Rajhi bank. Don't know. I believe high risk customers group.Any idea why? Maybe big taiko so not their type of customer 😛  |
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May 28 2024, 10:24 AM
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#3
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15,192 posts Joined: Oct 2004
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QUOTE(cybpsych @ May 28 2024, 10:14 AM) sub-brand/product only. still goes back to the parent bank. Yes, you are right. That why I don't find Rize/or their parent bank is issued such licenses.actual digital bank licensee are just 5. the rest are just "emulating" as alternative banking solutions apart from traditional banking channel. |
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