Sustainable, ethical banking to enhance Malaysia's banking industry competitiveness


KUALA LUMPUR: The Malaysian banking industry will become increasingly competitive going forward following its foray into sustainable and ethical banking initiatives as well as digital banking with the issuance of five digital banking licences by Bank Negara Malaysia (BNM).

Speaking at the inaugural Malaysian Banking Conference 2022 here today, Asian Institute of Chartered Bankers (AICB) chairman Tan Sri Azman Hashim said social finance is also poised to play a greater role in the industry, effectively complementing the environmental, social and governance (ESG) agenda through its potential to integrate inclusiveness into the country’s financial ecosystem of the future.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Hey, this wasn’t just about the economy, it was also about inflation
Collaboration key to ensuring clean, stable water supply in HCM City
Wider net loss for Lotte Chemical Titan
Hup Seng remains cautious despite 3Q24 profit growth
Uniper to slow green overhaul
Services producer price index rises 0.3% in third quarter
Asian currencies tumble on projected Trump win
SCIB buys Bintulu land for RM18.4mil
Line of succession important for companies to thrive, says CMI
Haily lands RM90mil building job

Others Also Read