KUALA LUMPUR (April 28): Bank Negara Malaysia (BNM) will be unveiling the successful applicants for its digital bank licences on Friday (April 29), according to sources. BNM was previously slated to make the announcement on March 30, but instead said it would be announcing the winners “upon completion of the legal process”. BNM previously said it could select up to five successful applicants once it concludes its assessment, and hinted that it was looking at “tech-heavy and tech-savvy” players to hold the digital bank licence. Also tipped as a front runner was YTL Corp Bhd, which has reportedly submitted a bid with Singapore’s Sea Group. Read also:BNM awards digital banking licences to Boost-RHB, GXS Bank-Kuok Brothers, YTL-SEA, AEON-MoneyLion, KAF ConsortiumRHB Bank, Axiata, YTL Corp, AEON Credit climb after winning digital bank licences
