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 or renew your subscriptions to win prizes worth up to RM68,000!

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.

   

Next In Business News

Step back and watch
Bull waits for liquidity to return
Magnum can strike it big again
All sails set for MISC-Bumi Armada merger
Dicey days for chip makers
After a homeowner passes
A stinky nuisance: When septic tanks burst
Decarbonising cement: Are we ready?
Ringgit to trade in tight range of 4.46-4.48 versus US dollar next week
Shedding light on power sector prospects

Others Also Read