Who will be the winner out of 29 application of Malaysia Digital Banking Licenses

 

Digital bank license has been long dialogue around the world and recently some of our neighborhood just awarded few licenses to their applicant.

There are different requirement from different country but it seem like we are one of the lowest requirement to get this with RM3billion capital size .

                                                         Hong Kong – 30+ applicants,8 awarded

      Singapore -21 applicants -4 awarded

Malaysia our lovely country also come in to race with 29 applicants

                           Our neighbour Singapore has awarded 4 licences out of 21 applicants .