EU welcomes collaboration with Malaysia in digital banking development

EU Commissioner Johannes Hahn. -REUTERS/File Photo

KUALA LUMPUR: The European Union (EU) is open to a strategic collaboration with Malaysia in the development of digital banking initiatives in an effort to enhance the interconnectivity between the two parties.

EU Commissioner Johannes Hahn said any form of collaboration is positive in the way that it contributes to more transparency and traceability of actions that could bring the two governments closer to each other.