RHB Bank, Axiata to jointly apply for digital banking licence


Group managing director/ group CEO of RHB Banking Group, Datuk Khairussaleh Ramli, said: “The MoU sets the foundation for both RHB and Axiata to explore further group-wide partnership opportunities in all countries where we mutually operate.

KUALA LUMPUR: RHB Bank Bhd and Axiata Group Bhd will jointly apply to Bank Negara Malaysia for a digital banking licence under their proposed collaboration.

In a joint statement on Wednesday, Axiata subsidiary, Boost Holdings Sdn Bhd and RHB Bank will form a consortium to apply for the digital banking licence under Bank Negara’s framework.

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