Malaysia

Southeast Asia’s neobank market to grow 50% in 2021

Funding and winding down of the pandemic’s impact on the economy will push this market.

UOB Malaysia appoints new deputy CEO

Ng Wei Wei will retain her current role as head of wholesale banking alongside this promotion.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

Fave launches BNPL service in Singapore, Malaysia

FavePay Later offers interest-free flexible payments on the Fave app.

Public Bank reassures COVID-hit loan customers it will continue to offer support

The bank has assisted over 160,000 customers affected by the pandemic.