Pertama Digital expresses interest to apply for BNM's digita

Pertama Digital expresses interest to apply for BNM's digital banking license, currently in talks...


Pertama Digital expresses interest to apply for BNM's digital banking license, currently in talks...
Pertama Digital expresses interest to apply for BNM's digital banking license, currently in talks to form dedicated consortium
BriefingWire.com, 4/23/2021 -
Pertama Digital Berhad (PERTAMA), a Bursa Malaysia Main Market listed investment holding company in the government technology and fintech spaces, today announced its digital banking aspirations and revealed that it is currently in advanced joint venture talks to pursue the license from Bank Negara Malaysia. The application deadline is 30 June 2021.
Saify Akhtar, Director of Strategy, said: "We are motivated by and aligned with the financial inclusion emphasis in the licensing framework for digital banks published by BNM in December 2020. Pertama Digital is leading a consortium of innovators and veterans, bringing to market a homegrown solution, purpose built for those Malaysians that need us most. We have been hard at work coordinating capital, talent, technology and a captive market and are proud to announce that we have a uniquely sustainable banking model that exceeds the requirements laid out in the framework. We look forward to delivering ethical financial products to underserved Malaysians and contributing to our post-pandemic recovery as a nation."

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